The SBA Acquisition Capital Stack After October 2026
SOP 50 10 8.1 can reduce an acquisition loan. Three illustrative scenarios show where cash, seller notes and investor equity fit.
The acquisition field manual
Buy a small business without buying the seller's story.
Practical guides to sourcing, diligence and financing, written for the buyer rather than the seller's broker.
Latest
Guides
What SBA Acquisition Loan Approvals Tell a Buyer
A full pass over SBA loan-level data: how big acquisition lending got, who lends, which loans fail, and what to watch around the October 2026 rule change.
Glossary
Deal terms, defined
- Accounts Receivable
- Add-Backs
- Confidential Information Memorandum
- Customer Concentration
- Due Diligence
- Equity Injection
- Key Person Risk
- Letter of Intent
- Owner Dependence
- Proof of Cash
- Proprietary Deal Flow
- Quality of Earnings
Compare
Buyer's comparisons
- Brokered vs Proprietary vs Digital Deal Flow
Compare brokered vs proprietary vs digital deal flow by access, information, and seller intent. Choose a channel and identify what you still need to learn.
- Recurring Revenue vs Repeat Revenue
Compare recurring revenue vs repeat revenue through customer records and seller dependence. Identify what supports the label before buying the business.