The SBA acquisition rules are changing. If you are buying or selling a business with SBA-backed financing, October 1, 2026 belongs on your calendar. The U.S. Small Business Administration has published SOP 50 10 8.1, the next version of the operating rules for 7(a) and 504 lenders. The new SOP takes effect October 1, 2026, […]
I got on a call with a founder who turned his single biggest fear, selling to private equity, into his business model. He started a managed services provider in 2010. Grew it to about 75 people and $12 million a year. He is not a finance guy. He is an operator who got tired of […]
Merchant cash advance alternatives are worth exploring before you sign another MCA, since merchant cash advances (MCAs) are one of the most expensive forms of business financing available — with effective APRs that often range from 40% to over 200%. Yet thousands of business owners turn to them because they’re fast, accessible, and require minimal […]
Getting $500,000 or more in business financing is achievable for established business owners — but you need to understand exactly what lenders are evaluating and how to present your business in the strongest possible light. Here’s the inside view from someone who has guided business owners through this process repeatedly. The Six Factors Lenders Weigh […]
Working capital vs. term loans is a common source of confusion because the terms describe different things. Working capital describes what the money funds: day-to-day operations. A term loan describes how you borrow and repay: a lump sum paid back over an agreed period. A term loan can fund working capital. The right choice depends […]
How do SBA loans work? A participating lender makes the loan, and the Small Business Administration guarantees part of it. For an established business, the decision comes down to eligible use of funds, repayment capacity, cost and timing. Here is how to compare the main programs and prepare for a lender conversation. What Is an […]
If you built a business through the ’90s and 2000s, you know what it means to grind. You did it without a safety net, without a mentor in every corner, and without the startup culture hype. Now your business is generating real revenue — maybe $2M, $5M, $10M a year — and you’re ready to […]
