We’ve been evaluating several home services businesses in California, and a recurring theme is that most of them require a California Contractor’s License (often a specific classification like C-27, D-52, etc.) in order to operate and to qualify for an SBA loan. For those of you who’ve acquired a business with this kind of license requirement: - Did you or your partner already hold the license? - Were you able to satisfy the requirement using an RME (Responsible Managing Employee) or RMO (Responsible Managing Officer)? - How did that impact your SBA loan qualification or close timeline? Curious to hear how others navigated this. Any advice or real-world examples would be super helpful!