Close Deals Quicker By Getting All Your Listings SBA Pre-Qualified
Business brokers who got their listings SBA pre-qualified have experienced faster sales & with less hassle
Why Business Brokers Need To Get Their Listings SBA Pre-Qualified
Brokering businesses is not an easy task in any economic time especially now with so many outside forces affecting businesses. Assuring potential buyers that they can secure financing will attract more potential buyers. SBA loan pre-qualification could be the key to your next sale.
Top 3 Reasons Business Brokers Should Get Their Listings Pre-Qualified For An SBA Loan
Attract More Potential Buyers
Your listing will not just be a listing, but a “Pre-qualified Listing” and really stand out from your competition.
Give Buyers Confidence
Having your listing “Pre-qualified” will give potential buyers the added confidence that they can finance this transaction.
Speed Up The Sale
Thorough high-level underwriting of the business gets everything analyzed upfront, so there will be less possible hold-ups later on.
Why Business Brokers Use ICA To Pre-Qualify
We Do The Heavy Lifting
Underwriting the business, so issues that need to be overcome or documented don’t come up later in the process when there is a buyer and stress levels are higher. They will be handled on Day One!
An Instant Answer
You will know right away if your listing is financeable and what a financing structure would look like for a potential buyer.
Experience With SBA Loans
ICA is led by a group of highly skilled professionals who have a wealth of experience pre-qualifying businesses for SBA loans.
Recent Case Studies
Blue-Sky Maintenance Company
- Total Project: $7,700,000
- Buyer Cash Injection: $780,000 (just a little over 10%)
- Seller Note: $960,000
- First Note (SBA 7A): maxing out $5M SBA eligibility
- Bank Note (Pari-Passu Conventional): $977,000
Wedding Venue Startup Acquisition
We were able to provide a loan for $2.75 million based on their experience, down payment, post-closing liquidity, and net worth of both Ryan and Howard.
Retail Big-Box Store
- Total Project: $12,695,000 which includes $500K in working capital
- Buyer Cash Injection: $2,559,113 (just a little over 20%)
- Seller Note: $2,000,000 (just a little over 15%)
- First Note (SBA): maxing out $5M SBA eligibility
- Bank Note (Pari-Passu Conventional): $3,153,887
Firearms Company
- Total Project: $10,495,000 which includes $300K in working capital
- Buyer Cash Injection: $2,153,000 (just a little over 20%)
- Seller Note: $750,000 (just a little over 7%)
- First Note (SBA): maxing out $5M SBA eligibility
- Bank Note (Pari-Passu Conventional): $2,592,000
Independent Home Care Company
- Total Project: $8,590,000 which includes $300K in working capital
- Buyer Cash Injection: $1,365,302 (just under 16%)
- First Note (SBA): maxing out $5M SBA eligibility
- Bank Note (Pari-Passu Conventional): $2,562,197
Ready to Get Started? Here Is What You Need To Pre-Qualify Your Listing
Last three years tax returns
Sale price and breakdown (real estate (if there is) / FFE / Goodwill)
Year to Date P&L and balance sheet
Any SDE (Seller Discretionary Expenses) you have for the three years and YTD
What Do Our Pre-Qualifications Include?
Targeted buyer profile (our own analysis of who the best prospect would be)
Our personal analysis with numbers so you can see how we came up with the final tally
Don’t Take Our Word for It
Thank you Dominic, you are a true advantage to my clients and West USA. I picked up some more business listings and will give you as many opportunities that I have. I am impressed with all Jamie and you have done for me.
Oak Brook
Suite 126N
Oak Brook, IL 60523
847-644-8085
Chicago
Chicago, IL 60634
847-644-8085
Monday - Friday
8AM - 4PM
info@icadvisors.com