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If so, please take a moment to subscribe and review our show. Some big changes and lots to offer here in this episode. This is awesome news should continue to stimulate both the economy and the M&A sector this 2021 and maybe beyond. Buyers are going to be able to cash more sellers out because they’re going to be able to leverage banking. Sellers are going to be able to attract buyers to their businesses more easily. I also believe strongly that this is going to be great news for sellers. It’s making it cheaper for buyers to secure and easier for buyers to secure SBA 7(a) loans for business acquisitions. There are some big changes, some positive news and some great benefits, not just for buyers.

They haven’t been finalized, but in all of the discussions that we’re having with the bankers and the SBA, it looks like this will happen. I brought back Doug Adams of Emerson Capital to talk about some of these changes. This is particularly important because there’s an SBA component that is going to extend a lot of the benefits that were offered for SBA 7(a) business acquisition loans and they’ve even sweetened the pot. It looks like the CARES Act is going to have a round two. Doug Adams: How The CARES Act Will Change SBA 7(a) Loans

Shout it out doug adams