Does anyone have experience using SBA loans for Canadian businesses?

August 01, 2023
by a searcher from INSEAD in New York, NY, USA
I'm interested in buying a Canadian business that operates completely remotely. The owner has told me that we could incorporate the business in the US, have the Canadian company under the US company, and then be able to use the SBA.
Is this true and anything I should look out for?
from University of Miami in New York, NY, USA
it’s worth a quick research project, and then developing an acquisition plan to conform to the requirements of a specific lender. Meaning, after the research, we would have to identify a lender who is willing to do it. I’ve got a few on my contact list who may be able to assist.
Let me know! I’d appreciate the opportunity to discuss.
Vish
Vishal S. Petigara, Esq.
Petigara Law Group, redacted ###-###-####
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA