Sponsor Content  SBA loans for business buyers  An SBA loan can
be used for a variety of purposes including the acquisition of
materials, property or equipment of an existing business.
Although the SBA's guarantee is a powerful incentive, SBA
lenders don't take the approval process lightly. Buyers still
have to adhere to an assortment of criteria if they hope to get
a green light.  Financial requirements  Right off the bat, an
SBA lender wants to make sure the borrower meets certain
financial requirements. If the borrower's credit rating is less
than stellar, there are a couple of options. First, the borrower
can review his credit report and work with previous lenders to
remove items that have a detrimental effect on his overall
score. Although lenders are generally willing to work with
borrowers to clear their report and improve their rating, the
borrower will probably have to make some progress before the
report will improve enough to make a difference.  Another option
is for the borrower to simply delay th