Protecting outside investors when using SBA financing

Volume 61, February 2020

Each year there is a large percentage of our transactions that we finance which will

include one or more silent investors. These investors are typically willing to assist

with the required down payment but will always prefer to limit their exposure to

just the funds being injected and nothing more. I get it, and so does the SBA, if this

is truly a silent investor ....Read more here

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Please join me at the GABB meeting this month as I conduct a 1 hour workshop!

Compiling your Offering Memorandum

Wednesday, February 19th

I'll be conducting a workshop entitled "Compiling an offering memorandum" at this months Georgia Association of Business Brokers meeting and i'm inviting all my friends. I hope you'll join me as I explain what buyers are looking for and lenders are looking out for.

Find out how your business-for-sale offering memorandum can help attracting buyers and obtain financing by attending the Feb. 19 meeting of the Georgia Association of Business Brokers.

This hour workshop is sure to enlighten you to a few lender items of surprise included in your OM. A don't miss workshop.

For more information or to register for this event CLICK HERE!

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Save the date!

2020 IBBA conference

Steve will be conducting a workshop on Friday, April 24th at 1:30.

"Taking the mystery out of the SBA rules to close more transactions"

Is your local BBA chapter receiving the valuable free IBBA information each month? If not, you should be. Contact us today to be sure your group is included in the monthly IBBA Affiliate council call.

NOTE: You do NOT need to be an IBBA member to attend!

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Financing broker transactions since 1996, Diamond offers a 3 day YES or NO answer and closes over 94% of our accepted loan requests. Specializing in larger, goodwill transactions, Diamond has closed over $1 Billion in broker acquisition transactions nationwide!

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Phone: 888.238.0952

EasySBA.com

Meet the owner

GROWING YOUR LOCAL BROKER CHAPTER?

I can help!

For anyone involved in a local brokers association.

I am currently offering 6 different broker workshops for 2020 as I travel travel around the country visiting other chapters.

To learn more about my workshop offerings, contact me directly at Stevem@EasySBA.com and I'll be happy to share.

Did you miss a Diamond Financial newsletter?

Click below to view our archives and catch up on all the important SBA updates you've missed.

Click Here

Are you affiliated with your local BBA organization?

Now is the BEST time to join or recommit to these organizations

and here's why.

1) The industry forecast shows all positive

2) The sharing of information is at an all time high

3) Lender participation is up (meet them locally)

4) Ongoing training and education

If these aren't enough reasons to join today, visit your local chapter and learn more.

Diamond Financial has always been an active member of the CVBBA and wants you to know the benefits that members enjoy daily. The value could be thousands of dollars so we encourage every broker to explore and take advantage of them.

Diamond Financial Services

Come join us in changing the world!

Did you know that a portion of each dollar Diamond Financial Services collects is donated to one of our supported charities? Visit our Change page and learn how Diamond Financial Services is helping to change the world and how you can too!

Giving back has been in our budget since 1996 and we hope it's in yours too.

"Be the change you wish to see in the world." --Mahatma Gandhi