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Franchise Financing: Three Creative Ways to Finance a New Franchise

Franchise opportunities have really expanded over the years and now span practically every industry and most investment budgets. Buying a franchise can be a good way to start a business when you don’t want to build it from scratch. However, launching a franchise usually requires financing, and determining the best financing options can be difficult. […]

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Loan Covenants Explained: How to Review & Negotiate Covenants to Avoid Covenant Breaches

My Experience with Commercial Loan Covenant Negotiation In my experience as a debt advisor, I’ve seen many cases where loan covenant breaches have caused irreparable financial damage to a business. And breaches often take borrowers by complete surprise. You need funding that helps, not hurts, your business. So be sure to have your counsel and

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6 Equity Sources that Meet the SBA’s Equity Injection Requirements for a Business Acquisition – updated for 2023

Important update: In May 2023, the SBA released updated guidance on how buyers can meet these equity injection requirements. The most significant changes are highlighted in light blue – like this paragraph. What exactly is an equity injection in a business acquisition? The amount of your own cash or assets you give to the seller

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