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Why haven't we all getting SBA loans and buying businesses?
Poast new message in this thread
Date: February 9th, 2026 8:03 PM Author: Odious Flesh Native edit: embraced my inner jeet so hard that I wrote the title in jeetanese
Debt to cap for SBA 7a loans is like 90%. You can put in $500k and buy a $5 million business. Basically a Prole LBO
Scale biz repeat a couple of times then sell to PE for $$$$ |
Date: February 9th, 2026 8:05 PM Author: transparent double fault Loans are full recourse. (http://www.autoadmit.com/thread.php?thread_id=5833075&forum_id=2\u0026mark_id=5307129#49659332) |
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Date: February 9th, 2026 8:09 PM Author: Odious Flesh Native They have low default rates and when you get to larger sizes in the millions you’re more likely to find actual established businesses instead of something entirely reliant on founder-proprietor labor (http://www.autoadmit.com/thread.php?thread_id=5833075&forum_id=2\u0026mark_id=5307129#49659340) |
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Date: February 9th, 2026 8:14 PM Author: transparent double fault This is CR if you're the manager of a small business and are basically running it yourself already and want to buy it from the owner.
Otherwise, quite retarded. |
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Date: February 9th, 2026 8:06 PM Author: Insane demanding round eye Sounds like actual work where you’d have to sell something of value. Most poasters are parasitical risk-averse leeches (http://www.autoadmit.com/thread.php?thread_id=5833075&forum_id=2\u0026mark_id=5307129#49659335) |
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Date: February 9th, 2026 8:30 PM Author: aquamarine personal credit line (http://www.autoadmit.com/thread.php?thread_id=5833075&forum_id=2\u0026mark_id=5307129#49659378) |
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Date: February 9th, 2026 9:39 PM Author: Jade Aphrodisiac Nibblets Philosopher-king (http://www.autoadmit.com/thread.php?thread_id=5833075&forum_id=2\u0026mark_id=5307129#49659517) |
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Date: February 9th, 2026 8:13 PM Author: Lake Galvanic Tattoo People are taking $500,000 loans with personal guarantees to buy brick-and-mortar businesses. LOL just LOL when the landlord refuses to renew the lease when it ends in 3 or 4 years.
The "just use an SBA loan to buy a business for 3-5x valuation, bro" trend is the dumbest financial advice since NFTs. |
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Date: February 9th, 2026 8:23 PM Author: concupiscible stead becky Nah just buy some asset-lite services business ala roofing or HVAC install/repair and sell to a PE-backed rollup after a few years. (http://www.autoadmit.com/thread.php?thread_id=5833075&forum_id=2\u0026mark_id=5307129#49659367) |
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Date: February 10th, 2026 2:20 PM Author: '"'"'"''" Dorky lawyer who couldn't tell you the difference between a heat pump and a furnace buying an HVAC business and hoping that the crews of blue collar guys don't absolutely lie, cheat, and steal him to ruin TP (http://www.autoadmit.com/thread.php?thread_id=5833075&forum_id=2\u0026mark_id=5307129#49661208) |
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Date: February 9th, 2026 8:31 PM Author: aquamarine personal credit line but MAGAs online are absolutely furious that jeets are doing this. that's probably where OP gets the idea for this thread from. (http://www.autoadmit.com/thread.php?thread_id=5833075&forum_id=2\u0026mark_id=5307129#49659380) |
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Date: February 9th, 2026 9:48 PM Author: Autistic Excitant Theater I’ve done this and I make $7milluon a year (http://www.autoadmit.com/thread.php?thread_id=5833075&forum_id=2\u0026mark_id=5307129#49659535) |
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Date: February 9th, 2026 8:30 PM Author: Ultramarine lodge laws are made to be enforced against whites
hth |
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Date: February 9th, 2026 9:38 PM Author: adulterous azure therapy azn I think a lot of people aren't actually built to run a small business and just fantasize about being CEO and the money they'll "make" when they sell to a PE firm or some shit. (http://www.autoadmit.com/thread.php?thread_id=5833075&forum_id=2\u0026mark_id=5307129#49659514) |
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Date: February 9th, 2026 9:46 PM Author: Ultramarine lodge Literally for 99% of history everyone had their own business
Working for people is a new thing |
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Date: February 9th, 2026 10:00 PM Author: adulterous azure therapy azn Big difference between functional self-employment (which I am in favor of) and buying a business with employees using debt and a personal guarantee. Especially if you're buying into an industry where you have no experience. (http://www.autoadmit.com/thread.php?thread_id=5833075&forum_id=2\u0026mark_id=5307129#49659556) |
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Date: February 10th, 2026 10:06 AM Author: Delicious Bunny You don’t need experience. You just pay for the business and leave it running the way it is. How is this so difficult? (http://www.autoadmit.com/thread.php?thread_id=5833075&forum_id=2\u0026mark_id=5307129#49660337) |
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Date: February 10th, 2026 10:47 AM Author: Yummy Phase Pol Pot LJL. (http://www.autoadmit.com/thread.php?thread_id=5833075&forum_id=2\u0026mark_id=5307129#49660466) |
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Date: February 9th, 2026 10:08 PM Author: ...,...,,.::..;,.,:,:,,..,::.,:,.,.:.:.,:. 8a program even easier (http://www.autoadmit.com/thread.php?thread_id=5833075&forum_id=2\u0026mark_id=5307129#49659574) |
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Date: February 10th, 2026 10:54 AM Author: cowgod This probably isn’t a bad niche since people who ace OCI won’t go near any of this shit so it’s all just Scum and villainy. And keep shit at arms length, if the LLC goes bankrupt then so be it it’s nbd. (http://www.autoadmit.com/thread.php?thread_id=5833075&forum_id=2\u0026mark_id=5307129#49660490) |
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Date: February 10th, 2026 11:04 AM Author: Nude Bunny Except for the personal guarantee (http://www.autoadmit.com/thread.php?thread_id=5833075&forum_id=2\u0026mark_id=5307129#49660516) |
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Date: February 10th, 2026 6:57 PM Author: cowgod Yeah that’s pretty gay and Ruins it. Why not Partner with like 5 homeless guys and buy them out if it works out? (http://www.autoadmit.com/thread.php?thread_id=5833075&forum_id=2\u0026mark_id=5307129#49661886) |
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Date: February 10th, 2026 2:43 PM Author: Delicious Bunny I worked at a shit firm and I Mae $7 million a quarter doing this. (http://www.autoadmit.com/thread.php?thread_id=5833075&forum_id=2\u0026mark_id=5307129#49661260) |