Acquisition Completed!
May 24, 2023
by a lender from Sam Houston State University - College of Business Administration in 5324 Community Dr, Houston, TX 77005, USA
This is not quite my usual post of spreading knowledge and the good word about SBA loans. Today I have joined the many lucky searchers as an entrepreneur. My wife and I have purchased an existing Amazon FBA business with an SBA loan (shocking, I know). The deal had some challenges and took longer than I liked due to an unsophisticated seller but we finally closed and took ownership of the Amazon account. My wife has Amazon experience as she previously worked for Thrasio and I will be handling finances and inventory. We are hoping this is the first of many acquisitions in the space.
I will still be working hard for all of my SBA borrowers at Fund-Ex Solutions Group, so please reach out. I may just bring a more unique perspective since I have been through the process (twice now) as an SBA borrower.
from The Johns Hopkins University in Houston, TX, USA
from University of Central Florida in Tampa, FL, USA