Oct 8, 2019
In this episode, Domenic and Steve Lasiewicz discuss:
- SBA loans and the advantages
- Items that really matter to acquire a business
- Partner buyouts
- How to approach SBA loans; advice
Key Takeaways:
- When giving loans, the trends of the business, what knowledge is needed to operate that business and why is the seller selling the business are looked at closely
- The buyer needs to know and understand the business they are acquiring
- A detailed business plan with a detailed projection is key
- Experience in the industry is crucial in a lender
- Undercover Billionaire https://www.discovery.com/shows/undercover-billionaire
"Leverage used the correct way makes sense. It’s what makes the wealthy, wealthier because they know how to use debt the correct way." — Steve Lasiewicz
Connect with Steve Lasiewicz:
Twitter: busey
Facebook: BuseyBank/
Website: busey.com
Phone: (630) 237-2605
Email: steve.lasiewicz@busey.com
LinkedIn: busey/
Connect with Domenic Rinaldi:
Sun Acquisitions Website:www.sunacquisitions.com
M&A Unplugged Website:www.maunplugged.com
Email:marketing@sunacquisitions.com
Linkedin:
Domenic Rinaldi:https://www.linkedin.com/in/domenicrinaldi/
Sun Acquisitions:https://www.linkedin.com/company/sun-acquisitions-llc/
Facebook:
Sun Acquisitions:https://www.facebook.com/sunacquisitions/
M&A Unplugged:https://www.facebook.com/MAUnplugged/
Twitter:
@SunAcquisitionshttps://twitter.com/SunAcquisitions
@M_A_Unpluggedhttps://twitter.com/M_A_Unplugged
Instagram:
@sunacquisitionshttps://www.instagram.com/sunacquisitions/
@ma_unplugged_podcasthttps://www.instagram.com/ma_unplugged_podcast/
YouTube:
Sun Acquisitions:https://www.youtube.com/channel/UCm6H7kkMD6nnXFuHgqx9Ikg
Show notes by Podcastologist: Chelsea Taylor-Sturkie
Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.