Enter your deal situation and get a personalized list of questions to ask your lender and attorney — plus what buyers in similar deals commonly discover.
Most buyers go into their first lender meeting without knowing what to ask. This tool closes that gap.
This tool is for buyers preparing for their first or second conversations with an SBA lender or acquisition attorney. It takes your deal profile — loan type, deal size, entity structure, state, deal structure, and time in business of the target company — and generates a personalized bank of questions to bring to those conversations. It does not give advice. Every output is a question to ask or a pattern observed across similar deals.
Asset purchases and stock purchases have meaningfully different tax, liability, and financing implications. In an asset purchase, the buyer acquires specific assets and liabilities and often gets a stepped-up basis. In a stock purchase, the buyer inherits the legal entity — including unknown liabilities. SBA 7(a) lenders generally prefer asset purchases for this reason. The questions generated will reflect which structure you are pursuing.
SBA lenders use the target company's operating history as a primary underwriting signal. Businesses under 2 years have limited tax return history, which affects how the lender calculates debt service coverage. Businesses over 10 years may have aged equipment, key-person dependency, or customer concentration risks that commonly surface in due diligence. The questions generated will probe the specific risks associated with the company's vintage.
No. This tool surfaces questions and observed patterns only. Nothing here is legal advice, financial advice, or a lending decision. Verify everything with your SBA attorney and CPA before acting. Every deal is different.
A generic checklist gives the same 20 questions to everyone. This tool uses your specific deal profile — the loan type, deal size, entity form, state, deal structure, and company age — to generate questions that are relevant to your situation. A $900K asset purchase of a 12-year-old LLC in Texas using SBA 7(a) gets different questions than a $200K stock purchase in California using seller financing.
FundBizPro is an educational resource, not a licensed lender or financial advisor. Information here is for general education only — consult licensed professionals before making financing decisions.