More people are becoming entrepreneurs through acquisition: How banks are financing these SMB acquisitions - Tearsheet

"ETA offers several advantages, such as acquiring an established customer base, existing cash flow, and proven business models. It is particularly appealing to aspiring entrepreneurs looking to mitigate the risks associated with starting a new business," says Stephanie Castagnier Dunn, Head of SBA Lending at Grasshopper Bank.

SBA loans are particularly popular for this type of entrepreneurship because they offer lower interest rates, longer repayment terms, more applicable uses, and broader qualification criteria, said Dunn.

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