logo
episode-header-image
Oct 2023
1h 38m

How to Buy a SaaS Business with an SBA L...

Will Smith
About this episode

It CAN be done. Andrew Swiler acquired a SaaS business with $650k SDE using an SBA loan (and while living in Spain). 

Topics in Andrew’s interview:

  • Why he preferred buying a SaaS business to an ecommerce one
  • Key trait to being a successful acquisition entrepreneur
  • Downside protection in a SaaS business
  • The appeal of the Microsoft ecosystem
  • Deferred revenue (and explaining it to a seller)
  • Buying a SaaS business as a non-technical person
  • How a SaaS business is valued
  • History of Lanteria, the business Andrew bought
  • Terms of the deal
  • Strategy of building a portfolio of B2B SaaS businesses
  • Pros & cons of holding company structure
  • Pros & cons of fund structure

References and how to contact Andrew:

Learn more about Walker Deibel's done-with-you buy-side advisory:

Connect with A-players who can run your business remotely:

Connect with Acquiring Minds:

Up next
Today
From Sales Freefall to $1.2m/Month
By reconceiving the paint dealership he bought as a marketing & sales organization, Ryan Adams pushed it to new heights.Topics in Ryan’s interview:Transferring from military to businessFocusing on selling one serviceUnderestimating working capital needsThe business tanked after a ... Show More
1h 31m
Jul 7
Reviving a Covid-Crushed Business: $0 to $6M in 3 Years
Adam Rao took a chance on an exhibit production business that had generated zero revenue in 15 months. It's gone well.Topics in Adam’s interview:Discovering impact companiesAcquiring with a business partnerBuying a distressed business during CovidGetting 100% seller financingInhe ... Show More
1h 21m
Jul 3
Scaling a Tiny Acquisition to a PE-Backed Exit
Phil Miller turned a tiny pet shop doing $100k in sales into a regional pet boarding brand — and the ideal PE platform.Topics in Phil’s interview:Pivoting from real estate to the pet industrySlow renovation creating a financial messDelegation is the key to growthThe real cost of ... Show More
1h 50m
Recommended Episodes
Jun 2023
Microsoft Product Leader to SaaS Founder - with Anand Subbaraj, Founder and CEO Zuper
Imagine being a senior product leader at Microsoft for one of the leading "cloud products" in the industry, Azure Data Factory, and deciding to leave the stability, security, and prestige behind to launch your own B2B SaaS company. This is exactly the decision and journey that An ... Show More
30m 52s
Mar 2025
How To Really Make Money Online
#12WeeksToPeak #ecommerce #onlinebusiness Maximize Your Profit Margins When Selling Online, David SchomerDavid Schomer and I discuss the evolving landscape of e-commerce, focusing on the competition between Amazon and Shopify. (One is much better than the other, and it's not even ... Show More
55m 53s
Jul 2024
MBA2499 Why I Never Needed Investors For My Businesses
Ever thought about whether you really need investors to build a successful business, or if it’s possible to thrive without their backing? Many entrepreneurs believe that securing investor funding is crucial for launching and growing their ventures. But what if there’s an alternat ... Show More
18m 2s
Apr 2023
AngelList CEO Avlok Kohli on the Transforming the Company — and Venture Itself
Since joining AngelList as CEO in 2019, Avlok Kohli has presided over perhaps the most unexpected and astounding transformation in the venture ecosystem: taking AngelList from an SPV provider to a company that is quickly becoming the software platform for the entire industry. Tod ... Show More
59m 33s
Dec 2023
THE BIGGEST STARTUP OPPORTUNITIES IN 2024 BY LEAN STARTUP GUY ERIC RIES
Greg interviews Eric Ries, author of "The Lean Startup" and founder of The Long Term Stock Exchange.They talk about how to test business ideas, why businesses with a social mission will outperform, and opportunities in AI.►►Subscribe to Greg's weekly newsletter for insights on co ... Show More
46m 41s
Apr 2023
How To Slash SaaS Spend -- Indus Khaitan // Quolum
The recession is on, and nobody knows it better than tech because tech grew so fast with the benefits of the pandemic. Many startups got a series of funding, hired more people, and paid for more tech. Now the team and the tech are bloated. How do you determine which people and so ... Show More
16m 55s
Aug 2024
The New SaaS Mendoza Line - Growth Expectations for a SaaS IPO
The SaaS Mendoza line highlights the slope of the long term growth rate that investors expect and operators should target on a path to IPO. Dave "CAC" Kellogg and Ray "Growth" Rike break down the updated expectations.Veteran software VC, Rory O’Driscoll of Scale Venture Partners  ... Show More
22m 51s
Jul 2024
How to Scale a Start-Up
Managing rapid growth is a huge challenge for young businesses. Even start-ups with glowing reviews and skyrocketing sales can fail . That’s because new ventures and corporate initiatives alike must sustain profitability at scale, according to Harvard Business School senior lectu ... Show More
27m 45s
Apr 15
How An Online Marketer Raised $100M For His Business | Brian Moran
In this episode of The Wealthy Way podcast, I sit down with Brian Moran, the founder of SamCart, an eCommerce platform that helps business owners sell products, maximize profits, and build long-term customer relationships. We dive into Brian's journey, the birth of SamCart, ... Show More
1h 37m