0033: Understanding How to Use SBA Financing to Sell Your Amazon Business with Stephen Speer from eCommerce Lending

Stephen Speer is the Founder and CEO of eCommerce Lending, the #1 source for eCommerce business acquisition financing. Currently, eCommerce Lending has closed over 325 successful deals and provided more than $300 million in funding to help clients grow and scale profitable businesses.

In addition to this, Stephen is also the Founder and CEO of Platinum Bancorp, Inc., a commercial lending firm that provides financing to businesses that possess great potential but lack the financial means necessary for traditional bank financing.

Are you looking for a trusted source to provide financing for your upcoming business acquisition? Do you want to collaborate with a company that will be your partner—instead of your cold and distant financial manager—through the entire acquisition process?

During the process of buying a business, most sellers are disappointed with the large banks that finance their acquisition. Instead of truly getting to know the buyer and seller as people and entrepreneurs, many banks apply an impersonal, one-size-fits-all approach to SBA lending and financing. Thankfully, there are other options for SBA financing and lending that prioritize humanization, partnership, and openness through the complex process of acquiring a business. Today, eCommerce leader Stephen Speer is here to spill the beans.

In this episode of Amazing Exits, Kellianne Fedio and Paul Miller sit down with Stephen Speer, Founder and CEO of eCommerce Lending, to discuss the ins and outs of SBA financing for your Amazon business. Listen in as Stephen reveals what SBA lending is, practical steps sellers can take to qualify for SBA financing, and how COVID-19 has positively impacted the eCommerce world—for good. Stay tuned!