Insights, updates and latest news

2025 Gym Industry Benchmark Report

Why use gym industry benchmarks when applying for an SBA loan? This report explains how real franchise data can validate your financial projections, strengthen your loan application, and align with lender expectations for revenue, costs, and profitability.

Canada Small Business Financing Program (CSBFP) 101: What You Need to Know Before Applying

Learn how the CSBFP can help you secure up to $1 million in funding to grow, improve, or launch your business—even if you're just getting started.

Pre LOI Due Diligence for an SBA Acquisition

Prep for an SBA acquisition with key pre-LOI due diligence: spot financial red flags, assess valuations, and secure your loan eligibility.

Understanding the Debt Service Coverage Ratio (DSCR) for Your SBA Loan

Why does the SBA require your home as collateral for loans? This guide explains how business assets are valued and why home equity is often needed to secure SBA loans, ensuring lender protection and loan feasibility.

Why Does the SBA Want to Take my Home as Collateral?

Why does the SBA require your home as collateral for loans? This guide explains how business assets are valued and why home equity is often needed to secure SBA loans, ensuring lender protection and loan feasibility.

What if I Sell my Home that is Pledged as Collateral on an SBA Loan?

What happens if you sell your home that's used as collateral for an SBA loan? Learn the steps to coordinate with your lender and explore your options to ensure a smooth sale and compliance with loan terms.

Finding the Perfect Small Business Lender

How do you find the perfect SBA lender for your small business? This guide discusses the complexities of the SBA lending landscape, the importance of matching your business needs with a lender's preferences, and how tools like the SBA Lender Finder can streamline your search for the right financing partner.

2 Ways to Buy a Business with 100% Seller Financing

Can you secure 100% seller financing when buying a business? This explanation explores the rare circumstances under which sellers might offer full financing

Should I Pay a Good Faith Deposit for an SBA Loan?

Why pay for a good faith deposit for your SBA loan? Understand the purpose, implications, and refund conditions of these deposits.

Should You Use an SBA Loan Broker?

Considering using an SBA loan broker? Find out when it's beneficial to enlist a broker's help to navigate the complexities of acquiring an SBA loan.

How to Not Pay Back an SBA Loan

What happens if you can't pay back your SBA loan? Explore your options and the potential consequences of default, such as personal asset recovery and credit impact.

What Happens to My SBA Loan if I Go Out of Business?

Learn what happens if your business fails with an SBA loan, including the implications of personal guarantees, asset recovery by lenders, and the impact on your personal finances.