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Sba loan buyout partner
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With an SBA 7(a) loan, typically no cash is required for a partner buyout with a pledge of existing equity. Would this apply to my situation?
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The SBA after enduring a backlash from lenders and business appraisers, plans Oct. 1 to modify a restriction it had placed on loans used to finance acquisitions of Business loan 18 year old
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Question from phil February 3, 2009 at 3:03pm Kathy, I took a business loan to buy out a business partner. Can I deduct my loan payments as a business expense.
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