Social

Logo Logo Logo

Sign up for our newsletter

August 29th, 2017

FINANCING SMALL BUSINESS ACQUISITIONS

It is true, economic development financing programs don’t fund every need.  These programs are legislated and monitored for compliance.  They have rules on eligibility, restrictions for how proceeds are used, and requirements for job creation or retention.  As a result, financing the acquisition of an existing small business doesn’t easily fit economic development lending tools.  But NEVER FEAR, we have the connections you need to access other options and the experts in this field.  One GREAT option for this financing need is a loan guaranteed by the SBA (Small Business Administration).  Nearly all of our banking and credit union chamber members have access to this program, and many other members are experts on the program as well.  Thanks to Nicole Stezar Kaylor from McNees Law for producing a very informative yet concise article on this exact financing tool.  Click Here to see how this program may help you!


Social

Logo Logo Logo

Sign up for our newsletter