66. Buying your way in: The rise of entrepreneurship through acquisition

With Matthias Smith

For some entrepreneurs, the time and energy it takes to start a business from scratch is a welcome challenge.

And for others, it makes more sense to buy their way into business ownership — and it’s more accessible than ever thanks to game-changing, government-backed SBA 7(a) loans.

Meet our guest

So in this episode, we're speaking with Matthias Smith, founder and owner of Pioneer Capital Advisory LLC, a consulting firm that helps entrepreneurs secure SBA 7(a) financing to acquire a business.

Since launching in May 2022, his firm has helped 115 business buyers close on more than $250 million of SBA 7(a) financing.

In this episode

What types of businesses do well in an entrepreneurship-through-acquisition (ETA) transaction
How SBA 7(a) financing works
What new business owners should consider when structuring an acquisition
What due diligence mistakes small business buyers often make
How small business buyers can prepare to apply for financing

All opinions expressed by the Provide employee participant are solely their current opinions and do not reflect the opinions of Provide, its affiliates, or Fifth Third Bank. The Provide employee participant’s opinions are based on information they consider reliable, but neither Provide, its affiliates, nor Fifth Third Bank warrant its completeness or accuracy and should not be relied upon as such. This content is for informational purposes and does not constitute the rendering of legal, accounting, tax, or investment advice, or other professional services by neither Provide, its affiliates, or Fifth Third Bank. Please consult with appropriate professionals related to your individual circumstances.