Are You A Veteran Looking To Buy A Business?

by Steve

Are You A Veteran Looking To Buy A Business?

by Steve

by Steve

SBA rules and regulations change often which makes it difficult for business buyers to stay on top of the rules. However, yesterday we learned of a SBA benefit that few buyers are aware of and even fewer take advantage of.

If you are a Veteran and you are considering using an SBA loan to purchase your business you can now get up to a 50% reduction in your SBA loan fees courtesy of this little known regulation.

That’s right, 50% off on your SBA fees! Simply inform your SBA lender that you are a Veteran and provide proof of your status and you too can save up to 50%. That could result in savings of thousands of dollars on your loan fees. One of our Buyers recently reduced his SBA loan fees by a whopping $20,000!

Bottom line is don’t rely on your business broker or your lender to tell you about this great program. Be proactive and ask your lender.

We’d like to thank Scott Foster at Wells Fargo Bank for making us aware of this uniqu200px-Wells_Fargo_Bank.svge opportunity for small business buyers. Scott can be reached at Wells Fargo SBA Lending 480.861.2903

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