SBA 7(a) Pari Passu Lending To Acquire A Business With Bruce Marks | Ep. 9 | My SBA Loan Pro Podcast

Bruce Marks has made a career out of mastering lower middle market business acquisition financing by leveraging the SBA 7(a) loan program coupled with a Pari Passu conventional loan for loan requests that exceed the SBA's $5 Million borrowing limit.In this Episode Bruce pulls back the curtain revealing how to structure a Pari Passu loan for success by diving deep into risk assessment, the searcher, the target business along with working capital, quality of earnings report, debt service coverage ratio and a whole lot more.If you liked this content, let's connect on social media:Instagram: https://instagram.com/mysbaproTwitter: https://twitter.com/mysbaproLinkedIn: https://linkedin.com/in/ryanpatryckChapters:00:00 Introduction00:29 - Bruce's Bio00:38- Assessing Risk in Loan06:01 - Preparing for Pari Passu19:39 - Searcher Profile21:12 - Importance of Credibility26:36 - Qualifications for Business Acquisition22:54 - Experience vs Education28:54 - Business Model & Sustainability31:49 - Borrower Profile32:56 - Transferrable Skills & Experience40:44 - Case Studies51:18 - Debt Service Coverage Ratio 59:00 - Understanding Business Working Capital Needs01:03:33 - Deal Breakers & Industry Preferences01:07:00 - Searcher Preparedness01:14:32 - Contact BruceMore Subject Matter Experts Playlisthttps://youtube.com/playlist?list=PL1v-z-ZlTQ4FuSfq8GRuV9jJY3dd5vw9p&si=04XGGOYICU8pngKN⁠More ThinkSBA Resources⁠https://calendly.com/thinksba - Schedule Callhttps://g.page/thinksba - Google Business Page & Reviewshttps://thinksba.com/faq - Frequently Asked Questionshttps://mysbaloanpro.com⁠ - My SBA Loan Pro Podcasthttp://youtube.com/@thinksba - YouTube Channel