How to Buy a Business with an SBA Loan Without Getting Burned

​Most first-time buyers find a business they love, then realize they don't know how they're going to finance the acquisition.

​This session fixes that.

​Javier Jorge has spent 15 years in SBA lending and sits on the board of NAGGL, the national trade association for SBA lenders. He'll walk you through how SBA loans actually work for acquisitions, what has changed in the program, and what a lender needs from you before you sign an LOI.

​Who this is for
Searchers, first-time acquirers, and anyone who has wondered whether they could actually buy a business. You don't need a deal under LOI. Earlier is better.

​What you'll learn

• ​The SBA rules for acquisitions: who qualifies, how much you can borrow, and how the deal gets structured

• ​What has changed in the SBA program recently, and what may change next

• ​When to talk to a lender (earlier than you think)

• ​How lenders decide whether a deal is fundable

• ​How to get the best terms, and the pitfalls that cost buyers leverage

​Agenda (45 minutes)

• ​25 min: SBA acquisition rules, program updates, and what's ahead

• ​20 min: Live Q&A. Bring your questions, your deal, or your plan that's still forming

​Can't make it live? Register anyway and we'll send you the recording!

​Your hosts

​Javier Jorge, CEO and Co-Founder, ChatBiz Finance

Javier has spent 15 years in SBA and small business lending, with director and executive roles at six banks and credit unions. He serves on the board of the National Association of Government Guaranteed Lenders (NAGGL) and is VP of Business Development at Venturus. He also previously co-founded Flash Spread, a fintech that automated business tax return analysis for lenders, and took it through an exit. At ChatBiz, he helps buyers structure SBA 7(a) acquisition financing that lenders will approve, on the best terms available, so that they can close with confidence.

​James Sackey, COO and Co-Founder, Clef

James is a former investment banker with $500M+ in deal experience across the lower-middle market. He also previously built Lando, a deal sourcing platform he sold to SearchList. At Clef, he helps buyers spend less time hunting and more time on the right deals.