How to Buy a $400K Accounting Firm for $20K Out of Pocket

SBA loan broker Eric Rabinovich joins Marcus and Rachel to break down what actually gets a bank to say yes to a firm acquisition, from debt service coverage ratios to the rule changes taking effect October 1st. They work through real numbers, including how a $400,000 firm can close for $20,000 out of pocket and why existing firm owners can sometimes finance a deal with no cash down at all. Connect with Eric linkedin.com/in/eric-rabinovich-deals, sbaloanlab.com calendly.com/eric-sbaloanlab. Introducing Collective by DBA https://collective.cpa   / collectivebydba   Learn More About Dillon Business Advisors https://www.dillonadvisors.com   / dillonbusinessadvisors   Sign up to get free CPE for listening to this podcast https://earmarkcpe.com Download the Earmark CPE App Apple: https://apps.apple.com/us/app/earmark... Android: https://play.google.com/store/apps/de...