10/07/2026
Thinking about buying a business? This is something you need to know.
Some significant changes to SBA loan rules took effect October 1—and they could change the financing equation for people looking to acquire an existing business.
One of the biggest changes affects first-time business buyers, who now face a 10% equity-injection requirement, with at least half coming from their own funds.
There are also changes to how acquisition transactions are categorized, credit/underwriting requirements, and SBA eligibility.
For those of us who have been around small-business lending for a while, this is a pretty meaningful shift.
The good news? SBA financing hasn't disappeared as an option for business acquisitions. But the way you prepare for and structure a deal matters more than ever.
If buying a business is on your radar, this is worth reading before you start making assumptions based on how SBA loans have worked historically.
"Here's the article from Inc." (https://reference-url-citation.invalid/4)
And as always, the details of your particular situation matter. Talk with an SBA lender early—before you get too far down the road on a potential acquisition.
Manufacturers could get lower fees, while business buyers may face bigger down payments, stricter credit rules, and slower approvals.