The Golden Rule - whoever has the gold (money) makes the rules.
In most SMB buy-sell deals the bank has most of the money and, therefore, they make the rules. And like everything else in life, the rules aren't static.
I go over:
- The main differences between conventional and SBA loans.
- What you can and can't do with an SBA loan.
- Why debt coverage is so very, very important
- The 5 C's of banking and why they've reappeared
- A bank president's opinion on a borrower putting up their home equity
All in non-technical (no bankese) language
John Martinka
Jessica Martinka
Contact us via either website or give us a call and be sure to check out our videos
https://nokomisadvisory.com/
https://www.martinkaconsulting.com/
https://www.youtube.com/c/JohnAMartinka/videos
425-515-4903
Martinka Consulting's Getting the Deal Done Podcast