Master the essential steps of business acquisition from securing SBA financing to closing seamless deal structures.
Understand 7(a) SBA loan eligibility, down payment requirements (10-20%), and equity structures to finance your deal.
Analyze tax returns, balance sheets, lease agreements, and staff retention risks before finalizing purchase terms.
Craft binding and non-binding Letters of Intent (LOI) with built-in protection clauses and earn-out schedules.
Register as an approved buyer to receive confidential teasers before businesses are publicly listed on the market.
Define the preferred industry, geography, budget, owner role and minimum earnings. Prepare a buyer profile, proof of funds and lender information so KMF can evaluate fit efficiently.
For KMF transactions that proceed through a purchase contract, the formal due-diligence period generally begins after the parties sign the contract and the required escrow deposit is made. The contract controls the scope and timing.
An extension may be considered when reasonably required, but it must be agreed to by the parties and documented properly. A buyer should not assume that an extension will be granted.
No. Under KMF's process, an LOI is generally reserved for transactions of $10 million or more or matters whose complexity makes one appropriate. Smaller transactions generally use an asset-purchase contract with escrow and a defined due-diligence period.