Chris Hurn on Using SBA Loans to Buy a Business
Manage episode 334213756 series 2983711
By smallbiztrends, Brent Leary, and Small Business Trends. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Between Boomers seeking to cash in and fears of inflation and recession, more small businesses are expected to go up for sale. But how do you get the money to buy one of them? One excellent option, says Chris Hurn, Founder/CEO of Fountainhead Commercial Capital, is a loan backed by the US Small Business Administration (SBA). In this latest episode of SmallBiz in: 15 Chris Hurn sits down with Shawn Hessinger, the Executive Editor for Small Business Trends to discuss this topic in depth. Other key points Chris Hurn discusses in the video are the steps small business owners can take if they’ve found a business they want to acquire and want to finance through the SBA. This includes the requirements and documents you’ll need to put together to qualify. You can catch up to Chris Hurn at https://www.fountainheadcc.com/ if you need more information after watching this episode.… continue reading