Small Business Administration to Ease Limits on Loans

Earlier this year the SBA put a 250k cap on the amount that could be financed for intangible assets in an acquisition loan. Looks like they're raising the cap to 500k (with a review process for amounts in excess of this). The cap increase will definitely help to get more deals done. The primary value of most healthcare professional practices is in goodwill intangible assets.

Ronald Feldman called the cap the "antistimulus". The SBA's move to implement a cap on goodwill during the midst of the financial turmoil earlier in the year was mind-boggling to most, because it created additional hindrance to funding in a time of need for many small business deals. I understand the desire to curb sellers from inflating intangible asset values, but there's probably a better way to accomplish this, and the timing wasn't so great either. Here is the link to the full article from the Wall Street Journal:
http://online.wsj.com/article/SB125348578905126173.html?mod=dist_smartbrief