Question 1

How can an SBA 7(a) loan benefit my CPA firm?

Accepted Answer

An SBA 7(a) loan gives you long-term financing with competitive rates and potentially lower down payments, helping you expand or enhance your CPA business efficiently.

Question 2

What do I need to qualify for an SBA 7(a) loan as a CPA?

Accepted Answer

To qualify for an SBA 7(a) loan, your CPA firm must be a for-profit entity, have good credit, and generate sufficient cash flow for repayment.