Can a foreign corporation (similar to an LLC) qualify for an SBA 7(a) loan to acquire businesses in the United States?

No that pricing is too high as the maximum finders fee that is offered is 2.2% i.e. 440K max. Although if he is doing other tasks for you other than finding the investor that price may change. Traditionally the commission is as stated 2.2%.

Hi, So ou are building a loan marketplace and instead of being the middle man, be a platform provider. 2 Issues 1) It is a 2 sided market place which are extremenly tought to build 2) This is a Red Ocean with tons of competition and dozens of playes already in. You should be doing this if you have one of these 1) You have tons of money that gives you a long runway 2) There is an innovative angle to it.. E.g Peer 2 Peer or Micro crowd financing were a novel idea some time back. I did a random search and there are tons of services that are walking zombies that are in loan for students, house, boats (niches like that) and also based on crowd and p2p. Having said that, I do not your big idea and vision in detail, So there could be something really unique AND VALUABLE that you are planning to offer.. Happy to talk and idea storm.,. if you are not in a position to pay, I am more than happy to do a 30 min free call.. Let me know... Or message me if you have specific question.

If your looking for financing and not wanting to give up equity you could try to get venture debt. Check out Hercules http://www.htgc.com/ and their competitors these companies can provide big loans. Be ready to provide a lot of info on your company and your financial health. Be aware these companies exist to make money so make sure you end up with payments you can handle. You'll also have loan covenants which will outline certain financial performance metric you'll need to hit. If you miss covenants your loan terms will change for the worse and it can even end up with bank taking control of your company. Obviously a worst case scenario, but you need to be aware and make sure you are very comfortable with the covenants you agree to. - mike

If it's generating USD $10,000 or more in MRR, then you can try listing if on ExitRound but based on your description, I think a sale at this moment is unlikely. Acquisitions like the one you're dreaming are either motivated by the book of business or an engineering team. Code is thrown away and product discontinued. So the idea that a business is going to buy you to fix the problems of the product is unrealistic. Happy to talk to you to help you determine if the business is potentially salvageable.

I started my last company and grew it with $20,000 to $12 million in 10 years. And while I was in the early phases, I did put in on my resume.. So, I believe you should. If it is a registered business entity and you are working it, it is still what you are doing, regardless of revenue of the company. If you are performing the tasks in your position, it shows you have been attempting to launch as well as (hopefully) prevents any gaps in employment. It also shows a level of commitment to your venture. We specialize in assisting startups with business plans and structure, so fee free to contact me for additional questions.