Is it possible to purchase two different businesses using SBA loans within 30-60 days?
Question for the community: Is it possible for a searcher to purchase two different businesses using SBA-backed loans within aredactedday period? For the sake of argument, let's assume both are $300-$500k in SDE, 10% owner equity injection, DCR over 2.0, and have hard assets (PPE) accounting for 50% of the debt amount for each loan.
Has anyone here successfully executed or assisted on such a strategy?