Is the cost to complete 338(h)10 election worth it for SBA deals?
I know the cost of paying attorney's fees and tax advisor fees to complete a 338(h)10 election can be significant. If the deal includes a $5 million SBA 7a loan for a business with $550K in equipment, plus a $2 million building, and $2 million in goodwill, is it worth it? If so, any fairly priced providers out there?