Funding a Transition with SBA Lending - Family Business 360 Webinar

One of the big challenges of transitioning a family business between one generation to the next is financing. Often the current generation would like to receive income from a sale to support retirement, while the next generation needs access to funding to buy into the business. This free online webinar will explore options within the Small Business Administration (SBA) lending programs to fund an ownership transition.

This session will help to answer the following questions:

  • Is my family business eligible to participate in the SBA 7a loan program?
  • How can the SBA loan program be used to fund an ownership transition (and what doesn't work within the rules of the program)?
  • What does the loan application process look like, and how long does it take?

If financing an upcoming ownership transition is a concern for your family business then you should attend this webinar to understand if the SBA option could work for you.

This event has concluded. You can watch the webinar recording here.

Presented by:
Ashley Horner - Summit Bank
Scott Bossom - U.S. Small Business Administration