AmiSight 11/13: The New SBA Rules Could Change Your Trajectory
The SBA is amid dramatic rule changes – and inside those thousands of pages of “stuff” – are nuggets that could materially change your trajectory.
For example, would you like to sell a big piece of your company and keep some equity? This structure is now permissible under new SBA rules.
A buyer can buy a portion of a company, and as long as the existing owner(s) are below 20% post-sale, they do not need to guarantee the loan personally.