The SBA rules for buying a business are changing in 2026. Here’s what buyers and home service operators need to know.

Jack Carr sits down with Alan Peterson from First Internet Bank to break down the latest SBA 7(a) changes, including how buyers can finance up to 90% of an acquisition, new equity requirements, seller financing, and changes affecting minority investors.

They also cover how sellers can stay involved for up to 24 months after closing, strategies for navigating licensing when buying HVAC, plumbing, electrical, and other skilled trades businesses, and new Quality of Earnings requirements for larger acquisitions.

Plus, Alan explains one of the biggest opportunities for existing business owners: using SBA expansion financing to acquire another company with potentially 0% down when the deal qualifies.

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Inside This Episode
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• Buying a business with an SBA 7(a) loan
• Financing up to 90% of an acquisition
• New 2026 SBA equity requirements
• Seller financing and transition rules
• Licensing strategies for home service acquisitions
• Quality of Earnings and business valuations
• SBA expansion loans and potential 0% down acquisitions
• What buyers should know before making an offer
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Sponsors
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Avoca

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Book a demo: https://www.avoca.ai/partners/oao

FieldPulse

Ready to ditch the whiteboard and spreadsheets? See how FieldPulse helps home service companies simplify scheduling, dispatching, invoicing, and more.
Book a free demo: https://landing.fieldpulse.com/owned_and_operated

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Connect
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Jack Carr
https://x.com/thehvacjack

Alan Peterson
https://alanfib.com/

Owned and Operated
https://www.ownedandoperated.com/

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John Wilson, CEO of Wilson Companies
Jack Carr, CEO of Rapid HVAC

📌 Disclaimer: Some links may include UTM parameters or affiliate relationships, meaning we may earn a commission if you make a purchase. Episodes may feature sponsors, but all opinions expressed are our own.

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