SBA debt relief is is a big incentive for buyers to move ahead with small business acquisitions right now.
The SBA will pay six months of principal, interest, and any associated fees that borrowers owe for all current … as well as new 7(a), 504, and microloans disbursed prior to September 27, 2020.
As an added incentive, SBA lenders have the authority to defer loan payments for six months. That means some buyers could acquire a new business and have almost a full year free of loan payments.
For further information on this topic, or selling a business, or financing a transaction, contact Al Statz, 707-781-8580 or email@example.com.