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 Sba Home Offer in Compromise 1977-2025

Compromise 1977-2025 Form

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Instructions and help about proof of renters insurance form

hey so the SBA the small business administration recently made some changes to their sop their standard operating procedures that could govern their primary loan programs including the 7A program which is often used for small business acquisition loans and one of the things that was changed in there relates to seller notes and I'm going to dive into how the changes work what the changes are specifically and how this can kind of impact a potential acquisition using an SBA loan and how there's some additional flexibility now that I think will be really beneficial for both buyers and sellers so let me dive into how this works okay so what changed so in the past if an SBA loan was used to acquire a business and a seller note was used to meet a portion of the equity requirement the seller note must be put on full standby for the life of the SBA loan and now the seller note needs to be on full standby for only 24 months I'm going to kind of demonstrate this just in a

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