New Partnership Between iBusiness Funding and BizBuySell Introduces SBA 7(a) Financing for Buyers

iBusiness Funding Partners with BizBuySell

In a significant move aimed at empowering entrepreneurs, iBusiness Funding has announced a partnership with BizBuySell, a leader in the online business marketplace sector. This collaboration is poised to streamline the process of small business acquisitions by providing potential buyers with easier access to SBA 7(a) financing options, which are among the most favored loans for business acquisitions.

This strategic alliance allows individuals exploring BizBuySell's extensive database, which features over 65,000 business listings annually, to seamlessly connect with SBA 7(a) financing alternatives through the BizBuySell Finance Center. This integration not only simplifies the financing process but also significantly narrows one of the most challenging hurdles for new business buyers—the availability of funding.

The Value of SBA 7(a) Loans

SBA 7(a) loans are characterized by favorable terms such as lower down payments and extended repayment periods compared to conventional financing options. Justin Levy, CEO of iBusiness Funding, emphasized the importance of financing in the purchasing decision of small business buyers, citing a recent survey where financing ranked as the second most crucial factor, following the purchase price. He noted, “By providing this integration, we're helping remove friction from the process and making more small-business ownership dreams a reality.”

This partnership comes at a time when iBusiness Funding has successfully processed more than $200 million in SBA 7(a) acquisition financing requests this year alone, underscoring its deep expertise in the realm of small business lending. iBusiness Funding’s proprietary technology is engineered specifically for business acquisition financing, dramatically simplifying the traditionally arduous application process. This enables more entrepreneurs to navigate the complexities of business ownership with greater confidence.

Enhancing the Acquisition Experience

According to BizBuySell President, Bob House, the partnership is focused on providing additional resources that entrepreneurs need for successful acquisitions. He stated, “Most transactions on our platform are financed—the question of financing is almost invariably front of mind once a buyer selects a business. By featuring iBusiness Funding in the BizBuySell Finance Center, we provide a clear path to SBA financing, which enhances the overall experience for all parties involved in the transaction.”

Both companies believe that their collective efforts will stimulate entrepreneurship and economic growth across the nation. With this alignment of resources and technology, buyers can expect a more efficient and accessible path toward business ownership.

For those interested in exploring financing options or partnership opportunities, iBusiness Funding invites potential lenders and brokers to visit their site for more information.

About the Partners

iBusiness Funding has established itself as a top provider of lending solutions, specializing in SBA lending programs and dedicated to making the lending process less cumbersome for small and medium-sized business owners. With a daily handling of over 1,200 business loan applications and a total volume exceeding $7 billion in processed SBA loans, the company stands as a pivotal player in small business financing.

BizBuySell, on the other hand, ranks as the largest business-for-sale marketplace online, serving hundreds of thousands of business owners and brokers seeking to buy and sell businesses. With over 3 million monthly visitors, it offers comprehensive tools that make pinpointing the right business easier than ever.

Conclusion

This new partnership illustrates a promising advancement for aspiring business owners, who can now benefit from integrated financing options directly while navigating the acquisition process. By connecting buyers with funding, iBusiness Funding and BizBuySell are poised to contribute significantly to the landscape of small business ownership in the United States.