The amount required down depends on what you are looking to do and what type of product you are using. The general rule for SBA 7A business acquisition financing is 10% down. Some lenders require more than 10%, but 10% is the standard. In some circumstances you can get away with even less down (if the seller is providing a note on standby for at least two years or interest only for at least two years), and if you are buying another company in the same NACIS code you operate an existing business in, 100% financing is available as well. For other types of loans like equipment financing, expansions, etc., you can often get away with 100% financing.

I am happy to discuss SBA options at any time at redacted Good luck.