Cover Image for What changed for the SBA 7(a) today?
Cover Image for What changed for the SBA 7(a) today?
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What changed for the SBA 7(a) today?

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Today, the Small Business Administration announced a major overhaul to the SBA loan program.

The changes affect almost every part of the program (a few headlines below).

So loan expert Heather Endresen (founder, Viso Business Capital) and CPA Will McCurdy (CEO, Bedrock Quality of Earnings) are furiously reading up, then jumping on a livestream to discuss and take your questions.

RSVP here to join in.

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Here are a few headlines - just the tip of the iceberg: Just a few of the changes:

  • Independent business valuations are now required on every change of ownership

  • Minimum 10% equity injection is back for startups and business acquisitions

  • Search funding no longer counts as equity

  • Partial buyouts got stricter (every new owner must now be a co-borrower, even at 1%)

  • All owners must be U.S. citizens / green card holders with a U.S. primary residence

Again, this is just the start.

So RSVP then join in at 3:45PM ET, and bring your questions.

Avatar for Girdley's Business Lectures
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204 Went