Buyer Readiness
Proof of Funds for Buying a Business: Documents and Privacy
Learn what counts as proof of funds when buying a business, what a bank letter should show, how to protect your privacy, and how loan approval differs.
9 min read
BuyerPass Editorial
Guides for buying a business
Practical, plain-language articles on presenting yourself as a buyer, reading the numbers, and financing an acquisition.
Latest articles
Acquisition Financing
Types of Seller Financing for Buying a Business, Explained
Compare seller financing types for a business acquisition, including amortizing notes, balloon payments, interest-only debt, standby notes, and earnouts.
10 min read
Buyer Readiness
How to Write a Business Buyer Resume Brokers Take Seriously
Build a business buyer resume with a complete example, editable template, acquisition criteria, financing plan, and guidance for first-time buyers.
8 min read
Valuation & Financials
How to Calculate SDE (Seller's Discretionary Earnings)
A step-by-step guide to calculating Seller's Discretionary Earnings, the common add-backs, a worked example, and mistakes that distort SDE.
7 min read
Valuation & Financials
How to Calculate EBITDA for a Small Business
How to calculate EBITDA and adjusted EBITDA, the difference from SDE, a worked example, and what buyers check in diligence.
7 min read
Valuation & Financials
SDE vs. EBITDA: Which Earnings Metric Should You Use?
SDE vs. EBITDA explained with a worked example: how each is calculated, common adjustments, why multiples differ, and which metric fits which business.
6 min read
SBA Financing
SBA 7(a) Letter of Intent: Sample LOI Provisions for an SBA Acquisition
How to write an LOI for an SBA 7(a) business acquisition: sample provisions, financing contingencies, seller notes, equity injection, and terms that delay approval.
9 min read
SBA Financing
SBA 7(a) Acquisition Deal Structures: Worked Examples and Funding Math
Worked SBA 7(a) acquisition structures with numbers: equity injection, standby seller notes, debt-funded seller notes, valuation gaps, and partial ownership changes.
10 min read
Buyer Readiness
Proof of Funds Letter for Buying a Business: Examples and Template
What a proof of funds letter for a business acquisition should say, sample bank and CPA wording, how brokers evaluate it, common mistakes, and a free template.
7 min read
Buyer Readiness
How to Show Proof of Funds Without Sharing Sensitive Financial Information
Practical ways to prove you can buy a business without oversharing: redacted statements, bank letters, verification services, and what to share at each stage.
6 min read
Buyer Readiness
Proof of Funds vs. Prequalification vs. Preapproval for Buying a Business
The difference between proof of funds, lender prequalification, and preapproval when buying a business, what each proves, and when buyers should get each one.
5 min read
Buyer Readiness
What Is a Verified Business Buyer? How Brokers Evaluate Buyers
What makes a business buyer verified or qualified: financial capacity, acquisition criteria, experience, and credibility, and how brokers and sellers screen buyers.
6 min read
Buyer Readiness
Business Buyer Profile Template: What Brokers Want to See
A business buyer profile template with examples: acquisition criteria, background, financial capacity, and deal preferences, plus a free downloadable template.
5 min read
Acquisition Financing
Seller Financing Agreements for Business Acquisitions: Terms and Examples
Key terms in a seller financing agreement for buying a business: interest, amortization, balloon payments, collateral, guarantees, subordination, and payment examples.
7 min read
SBA Financing
SBA Seller Note Standby Requirements Explained
What full standby means for an SBA seller note, when it counts as equity injection, the half-of-injection limit, SBA Form 155, and how sellers are eventually repaid.
8 min read
SBA Financing
SBA Loan Down Payment Requirements for Buying a Business
How much down payment an SBA 7(a) acquisition loan requires, how equity injection is calculated, which funds qualify, and worked scenarios from $350,000 to $2 million.
8 min read
Valuation & Financials
Business Valuation Multiples by Industry: How SDE and EBITDA Multiples Work
How SDE and EBITDA multiples are used to value small businesses, what drives a multiple up or down, and illustrative examples across common industries.
7 min read
Acquisition Financing
Business Acquisition Due Diligence Checklist (Free Download)
A practical due diligence checklist for buying a small business: financial, legal, operational, customer, employee, technology, financing, and closing items.
7 min read