Heather Endresen, founder of Viso Business Capital, collaborated on this interesting paper with the Yale School of Management’s ETA professor, A.J. Wasserstein in February, 2025. The paper is both objective and comprehensive covering the origins of the 7a program, the pros and cons for acquisition entrepreneurs, the terms a borrower can expect to receive and profiles of a lender and a borrower. There is also some commentary on the benefits of working through a loan brokerage like Viso. Enjoy!