Acquisition Financing via SBA 7(a)
A Kittanning-area operator is acquiring a small HVAC company for $1.4M — $900K goodwill, $300K equipment, $200K working capital. A conventional structure would require 30-40% down. SBA 7(a) lets the acquirer put 10% down, amortise over 10 years, and ride a seller note on 10% more. Preferred-lender status closes in ~8 weeks. The acquirer preserves cash to actually operate the business post-close.
Eligibility follows current SBA size standards published at SBA size standards. The commercial team pre-qualifies the operator and the target against those standards before committing to a term sheet.


