How to Calculate the Reserves Needed for SBA Approval on a Franchise Startup

2 months ago
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How to Calculate the Reserves Needed for SBA Approval on a Franchise Startup

Are you looking to secure SBA loan approval for your franchise startup? In this video, we break down how to calculate the reserves needed for a successful SBA loan application. Learn why most banks require 10% post-close liquidity and how this helps ensure your financial stability as a franchise owner. We also discuss variations among lenders and why having sufficient reserves is essential for long-term success. Whether you're new to business ownership or a seasoned entrepreneur, we've got over 1,600 videos to guide you through the ins and outs of SBA financing. Plus, check out our free events for expert advice on tax strategies, business ownership, and leveraging SBA loans!

Question: How do you determine the amount of reserves required for SBA loan approval on a franchise startup?

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📌 Timestamps:
00:00 Determining reserves for SBA loan approval
00:36 10% post-close liquidity explained
01:05 Resources: 1,600+ videos on SBA financing
01:36 Business ownership events & tax strategies

💥 Thanks for watching 💥
#SBAloan #FranchiseStartup #BusinessFunding #Entrepreneurship #SmallBusinessTips #Finance101 #StartupFunding #SBAApproval #BusinessOwnership #financialfreedom

About Beau: Beau Eckstein is a franchise consultant, commercial mortgage advisor, and business ownership coach who helps entrepreneurs buy, build, and expand their businesses. He assists aspiring entrepreneurs in finding their ideal franchise or business opportunity. Beau's expertise as an investor and business owner allows him to guide clients through the entire process of acquiring, funding, and growing their ventures.

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