SBA Announcement: Faster Access to Retirement Funds for Business Purchases

This content highlights a significant SBA announcement from May 7, 2020, which permits Preferred Lenders to internally approve transactions using retirement funds for business purchases. This change aims to expedite the process, allowing buyers to access their tax-advantaged savings more quickly and without penalties. The page also features articles on business valuation, seller strategies, and analysis paralysis, serving as a resource from First Choice Business Brokers, who specialize in facilitating business sales and acquisitions.