Printer Friendly

SBA has delayed a rule that would limit financing of "goodwill" as part of a business acquisition.

SBA has delayed a rule that would limit financing of "goodwill" as part of a business acquisition. At least until Aug. 31, SBA's Standard Ta Loan Guaranty Processing Center will consider on a case-by-case basis any loan application for an acquisition that values goodwill at more than $250,000.

While some lenders told SBA they do not finance goodwill, others stated that SBA financing of goodwill is the only financing available in the present credit market. SI3A said it will conduct further research on the issue before Aug. 31.
COPYRIGHT 2009 Business Research Services, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Washington Insider
Publication:Set-Aside Alert
Date:Mar 6, 2009
Words:89
Previous Article:Bipartisan leaders of the Senate Armed Services Committee have proposed legislation aimed at tightening controls on Defense Department cost overruns.
Next Article:The Defense Department is seeking comment on whether changes should be made in the Defense Base Act insurance program.
Topics:

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters