SBA Loans - San Diego
Lightning Commercial Funding
SBA Loan, Commercial Loans &
Business Financing Articles
SBA - Common Questions
Recently, a prospective client asked about financing an upcoming business acquisition. I immediately asked whether the business opportunity also came with real estate or if it was the purchase of a business consisting only of furniture, fixtures and equipment, a work-in-progress and the client list. He said that it was a business acquisition with two five-year lease options. (more)
SBA and the Lease of the Building
One of the most important aspects of a new or existing business is their lease. A proper lease can increase the value of a business while an improper lease can cause a business valuation to be significantly lower. It all depends on the type of business, the location of the business and the current landlord. (more)
SBA and the Role of Seller Carryback's
After reading the proposed SOP (Standard Operating Procedures) for the revised SBA 7A loan program it became plainly clear the importance of Seller Carry backs. (more)
SBA - Debt Refinancing
In commercial lending these days, more-complicated loans such as nonrecourse construction loans or high-loanto-
value loans can be hard to fund. Other, more basic loans, however, such as U.S. Small Business
Administration (SBA) loans can be lucrative for commercial mortgage brokers. (more)
SBA - Financing for Business Opportunites
Most small businesses lease their office space. When the owners decide to sell their business, they aren’t selling a building. They are, however, selling the current operation’s assets, as well as the furniture, fixtures, equipment, inventory and good will. (more)
SBA - Seller Add back Discussion
Simply stated add backs are just that, they are the expenses that a seller has deducted on their Profit and Loss or on their tax returns which should be credited back. Credited back only means that a new buyer of the business should be able to add them back into the Profit and Loss as a credit rather than a debit to determine what is known as Seller's Discretionary Cash Flow. (more)
SBA - Tax Return Analysis
I was recently asked to present to a group of business brokers my take on financing and what advice I could share with them to have a more successful career. After talking to them for about an hour about the basics of financing including the 5C's +E, if you don't know what I am referring to please e-mail and I will be delighted to share this information. (more)
SBA - Guarantee Fee
Many of the offices have asked me to explain the cost of an SBA Loan. So this week I am happy to provide this information to you, on the SBA Guarantee Fee. This fee is the exact same everywhere you go in the United States. It is a fee that is set by the Small Business Administration for assisting in the funding of a Business Opportunity 7A or a real estate 504 loan. (more)