Bruce Marks, MBA, CM&AA
@sbabmarks

SMB & ETA Acquisition Lender | Author | Closed $560 Million in 10+yrs| SBA loans from $2.5 - $10.0 million | tweeting real SBA stories | War Story Saturday 馃獤

Joined April 2022
71 Photos and videos

Using Seller Debt that is not on Full Standby, must now be included in a Lender's DSCR Calculation

I have spoken with several buyers this week and when they are modeling their deal for DSCR, this is tripping up a lot of folks. Under the new SBA SOP, 50 10 8.1, when a change of ownership

3
3
2,637

Under the New SBA SOP, Can I borrow the 5% equity needed to buy a business?

Under the new SBA SOP 50 10 8.1 (effective for loans issued an SBA loan number on or after October 1, 2026), a guarantor generally can borrow their portion of the required equity injection, including
19
4,203

What to know when considering a Partial Change of Ownership

The SBA has a 9:1 debt-to-worth (debt-to-equity) rule if you are considering a partial change of ownership transaction. For partial changes of ownership (where less than 100% of the ownership interest
1
4
3,121

Partner buy-out rule to know

I closed a $4,500,000 partner buy-out transaction this past Friday. In doing so, I wanted to share the importance of understanding the Small Business Administration (SBA) leverage requirements. In

4
18
19,376

Should you consider tax when modeling your transaction?

Yes, our bank does take tax consequences into account when modeling transactions, and we include them directly in our debt service coverage calculation. As a searcher, I strongly recommend you do the

2
3
10
3,601

WSS: The Day-Before-Thanksgiving $10M Rescue

Bruce, it's the day before Thanksgiving, but I have a $10,000,000 deal that must close by year-end. I have a commitment letter from another bank, but their closing conditions are deal-breakers. I

1
1
11
3,606

ATTENTION College Students - America's Startup

Are you aware of America鈥檚 Startup, launched by America250 on February 11, 2026. This is a national competition for college entrepreneurs tied to the upcoming 250th anniversary of the Declaration of

1
4
1,455

NEW SBA Eligibility Requirements

This new rule from the U.S. Small Business Administration (SBA) goes into effect March 1, 2026. It significantly restricts eligibility for its main lending programs, the 7(a) and 504 loan programs.

4
1
19
12,992

SBA Loans for Manufacturing

Bruce, today, can I get an $8,000,000 SBA Loan for manufacturing? I heard the SBA has increased the loan size $5.0M to $10.M. Is that true? No, the U.S. Small Business Administration (SBA) has not

1
1
24
11,274

Legitimate Addback or not?

Bruce, there are some addbacks I want to discuss with you and understand how you would treat them. Well, I鈥檓 glad you asked! Given the question, I wanted to share this insight with you as a reminder
1
6
3,093
Load more