GABB Affiliates Discuss How to Reduce Risk in a Transaction

Those who attended the August GABB meeting got to hear an excellent panel discussion of how brokers can reduce risk in a deal. Audio recording of the GABB Affiliate Panel Discussion on Risk. GABB President C. David Chambless moderated the panel of GABB Affiliates. The panel included: Dan Browning, JD, of DB Consulting, Inc., has 20 … [Read more...]

A Broker’s Guide to Getting an SBA Loan Approved

By Cheryl Beer,  SVP/SBA Lender, Sandy Springs, Cornerstone Bank Provide three years’ returns Pre-approval of business financials Subject to buyer’s credit, management experience, outside income, collateral Minimum 650 credit score Management experience or strong franchise 1.2X Debt Service Coverage “DSC” (including all … [Read more...]