Description

In this episode, Domenic and Steve Lasiewicz discuss:  

• SBA loans and the advantages 
• Items that really matter to acquire a business 
• Partner buyouts  
• How to approach SBA loans; advice  

Key Takeaways:  

• When giving loans, the trends of the business, what knowledge is needed to operate that business and why is the seller selling the business are looked at closely 
• The buyer needs to know and understand the business they are acquiring 
• A detailed business plan with a detailed projection is key  
• Experience in the industry is crucial in a lender 
• Undercover Billionaire https://www.discovery.com/shows/undercover-billionaire 

"Leverage used the correct way makes sense. It’s what makes the wealthy, wealthier because they know how to use debt the correct way." —  Steve Lasiewicz  

Connect with Steve Lasiewicz:  

Twitter: busey    

Facebook: BuseyBank/   

Website: busey.com 

Phone: (630) 237-2605 

Email: steve.lasiewicz@busey.com    

LinkedIn: busey/ 

Connect with Domenic Rinaldi:  

Sun Acquisitions Website:www.sunacquisitions.com  

M&A Unplugged Website:www.maunplugged.com  

Email:marketing@sunacquisitions.com  

Linkedin:  

Domenic Rinaldi:https://www.linkedin.com/in/domenicrinaldi/  

Sun Acquisitions:https://www.linkedin.com/company/sun-acquisitions-llc/  

Facebook:  

Sun Acquisitions:https://www.facebook.com/sunacquisitions/  

M&A Unplugged:https://www.facebook.com/MAUnplugged/  

Twitter:  

@SunAcquisitionshttps://twitter.com/SunAcquisitions  

@M_A_Unpluggedhttps://twitter.com/M_A_Unplugged  

Instagram:  

@sunacquisitionshttps://www.instagram.com/sunacquisitions/  

@ma_unplugged_podcasthttps://www.instagram.com/ma_unplugged_podcast/  

YouTube:  

Sun Acquisitions:https://www.youtube.com/channel/UCm6H7kkMD6nnXFuHgqx9Ikg  

Show notes by Podcastologist: Chelsea Taylor-Sturkie  

Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.