Thinking about buying a business? This episode of the MySBA Loan Pro Podcast features Kalen Foster, a leading expert in SBA business acquisition financing. Discover how SBA 7(a) financing works for acquisition entrepreneurs and self-funded searchers looking to close deals with confidence. Kalen breaks down the SBA loan process, lender expectations, and keys qualifying for an SBA 7(a) loan. Learn how to structure your deal, avoid common financing mistakes, and stand out to lenders. Whether you’re just starting your acquisition journey or deep in due diligence, this episode is packed with actionable insights to help you secure the SBA loan you need to buy a business.
Chapters:
0:00 – Podcast Introduction
1:09 – Banking Transition
2:02 – Math Matters
3:02 – Ideal Buyer Traits
7:26 – Zero Down Myth
16:32 – Industry Focus
20:51 – Seller’s Role
23:00 – Tax Truths
26:05 – Underwriting Advantage
29:17 – Underwriter Etiquette
More ThinkSBA Resources
https://calendly.com/thinksba – Schedule Call
https://g.page/thinksba – Google Business Page & Reviews
https://thinksba.com/faq – Frequently Asked Questions
https://mysbaloanpro.com – My SBA Loan Pro Podcast
http://youtube.com/@thinksba – YouTube Channel
Second Exit™ – Build Wealth by Owning Your Building with the SBA 504 Loan