HUGE NEWS FOR VETERANS LOOKING TO ACQUIRE A BUSINESS! The SBA just announced a major change that could be a game-changer for veterans pursuing entrepreneurship through acquisition (ETA)! Starting November 11, 2026, eligible veterans acquiring a business through the SBA 7(a) program may be able to fund 100% of the required 10% equity injection through external sources, including: Qualifying seller notes on standby Outside investors Other permitted equity contributions What does this mean? Previously, buyers generally needed to contribute at least 5% of the total project cost from their own funds when using a qualifying seller note toward the equity injection. Now, eligible veterans may be able to structure an acquisition without contributing personal cash toward the required 10% injection! The 10% requirement hasn't disappeared, but this change could allow veterans to preserve their personal liquidity while acquiring a business. Of course, lender approval, cash flow requirements, and other SBA eligibility criteria still apply. At Pioneer Capital Advisory LLC, we're incredibly excited about what this means for veterans exploring business ownership! Our team just published an article breaking down the announcement, potential financing structures, and what buyers should consider before submitting an LOI. Read the full article here: redacted Are you a veteran currently searching for a business or working on an acquisition? I'd love to connect, discuss how this new flexibility could apply to your situation, and help you explore your SBA financing options. Reach out to me directly at redacted