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Business Valuations for SBA Loans: Why Not All Valuations Are Created Equal
Business Valuations for SBA Loans: Why Not All Valuations Are Created Equal In any business purchase, it is always critical to arriving at a fair and reasonable price for both the buyer and the seller. As is often the case, the buyer is looking to...
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What You Need to Have When Applying for an SBA Business Acquisition Loan
What You Need to Have When Applying for an SBA Business Acquisition Loan As a busy owner of a financial advising firm, it is a constant challenge juggling the tasks necessary to run the business with those that also help to grow the business. Applying...
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Utilizing Existing Staff to Transition Clients During an Acquisition
Utilizing Existing Staff to Transition Clients During an Acquisition As we discussed in a previous blog post, “Strategies to Retain Clients After an Acquisition,” client retention is critical to not only ensuring the survival of the business...
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Three Biggest Mistakes Business Owners Make During the Loan Process
Three Biggest Mistakes Business Owners Make During the Loan Process When seeking credit to acquire a new business or grow an existing business, there are many things a business owner can do to ensure a quick and successful loan process. There are also...
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More Skin in the Game: The SBA’s Proposal to Reinstate the Personal Liquidity Test
More Skin in the Game: The SBA’s Proposal to Reinstate the Personal Liquidity Test Lending regulations are constantly changing, especially those that apply to SBA backed loan products. Earlier this year the SBA instituted a new version of their...
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Strategies to Retain Clients After An Acquisition
Strategies to Retain Clients After An Acquisition The value of any financial advising firm lies in its book of clients. It’s that value that serves as the basis of monetary worth during an acquisition. The projected return on investment justifies...
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SBA Franchise Directory Listing for Broker/Dealers
SBA Franchise Directory Listing for Broker/Dealers Is your Broker/Dealer on the SBA Franchise Directory? They need to be for SBA lending. Considering an SBA loan to help grow your financial advisor practice? If you operate under any type of signed...
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Tax Time: What’s Needed For Lending
Tax Time: What’s Needed For Lending We wanted to take some time to clarify what details you will need to provide a lender for financial analysis for your financial advisor loan. As is normal with tax topics, this is pretty dry material. But we...
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Business Valuation Resource Guide for Financial Advisor Lending
Business Valuation Resource Guide for Financial Advisor Lending Whether you are seeking a loan for expansion, acquisition, or a partner buyout, you will need plenty of documents, and that often includes a business valuation. At Salt Creek, we use the...
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How Do We Calculate Global Cash Flow and Why Is It Important?
How Do We Calculate Global Cash Flow and Why Is It Important? Usually one of the strongest credit aspects when financing an advisor practice acquisition is the consolidated cash flow that is available from the practice that is being purchased, and...
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