#207 SBA Loan Strategies for Acquiring a Business | Expert Advice
#207 SBA Loan Strategies for Acquiring a Business | Expert Advice  
Podcast: Owned and Operated - A Plumbing, Electrical, and HVAC Business Growth Podcast
Published On: Fri Jun 06 2025
Description: Thinking about buying a home service business with an SBA loan? This episode is your go-to guide. Jackquisitions sits down with Alan Peterson—who closed over $70 million in SBA acquisition financing last year—to break down how to structure high-leverage deals, navigate the latest SBA loan rule changes, and avoid the costly mistakes many first-time buyers make.If you're serious about acquiring a home service business and want a financing strategy that actually works, this episode is a must-listen.🔹 In This Episode, We Cover:How to use SBA loans to buy your first home service businessThe $70M+ playbook Alan used in 2024 for acquisition fundingWhy having the right deal team is critical (and what to avoid)The latest changes to SBA rules (including seller note restrictions)Multi-step acquisitions: what just got harder and whyPro tips for working capital, due diligence, and pre-LOI strategyHow early-stage buyers can stand out and get taken seriouslyWhy personalized financial statements are a game changerHow Alan helps operators with pre-qual letters and deal reviews🌐 More resources: https://www.ownedandoperated.com👤 Hosted by:Jack Carr🎧 Guest:Alan Peterson 💼 Special Thanks to First Internet Bank! Looking to buy or expand a business? First Internet Bank is a National Preferred SBA lender specializing in acquisitions for the skilled trades. Their SBA loan program offers up to 90% financing for business acquisitions, partner buyouts, and commercial real estate—plus optional lines of credit to fuel future growth. Unlike traditional lenders, they take a “how can we” approach, making deals happen for both first-time buyers and experienced operators.👉 Special Offer: Mention Owned and Operated for a reduced good faith deposit and a complimentary deal review + buyside prequalification.Connect with Alan Peterson from First Internet Bank here to get started 💼 Shoutout to Appletree Business Services HVAC and plumbing pros—ditch tax surprises and unresponsive accountants. Appletree handles your books, taxes, payroll, and acquisitions, and they know tools like ServiceTitan cold.🎁 Get a free tax & financial review or 10% off a QOE report.👉 Book a call at appletreebusiness.com — tell Patrick Jack sent you.Send Us Mail!More Ways To Connect with O&O John's YouTube Channel Weekly Newsletter Owned and Operated Leave a Review John Wilson, CEO of Wilson CompaniesJack Carr, CEO of Rapid HVAC📌 Disclaimer: Some links may include UTM parameters or affiliate relationships, meaning we may earn a commission if you make a purchase. Episodes may feature sponsors, but all opinions expressed are our own.