Buying $1.5m of Earnings Without an SBA Loan

Buying $1.5m of Earnings Without an SBA Loan

From Acquiring Minds by Will Smith

May 28, 2026 · 1h 23m

About this episode

Justus Luttig shares his experience of creatively acquiring two trades businesses in the US without using an SBA loan.

As a South African in the US, Justus Luttig had to get creative to search then buy 2 trades businesses at the same time. Register for the webinar: New $10m Limit for SBA Loans: What You Need to Know - TODAY!! - https://bit.ly/4v3zKXh Topics in Justus’s interview: Growing up on a cattle ranch in South Africa Disillusioned with the venture capital bubble Perception of white collar work as “the dream” Meeting successful owners of blue-collar businesses Big deal failure on his birthday Structuring a deal without the SBA Challenges of searching on an H1B visa Merging an HVAC with a plumbing business The magic happens when you leave your desk Acquiring during the slow season References and how to contact Justus: LinkedIn Copeland Home Services The ecosystem for serious acquisition entrepreneurs—education, capital, community, and post-close support to buy and grow a business: The Acquisition Lab Get complimentary due diligence on your acquisition's insurance & benefits program: Oberle Risk Strategies - Search Fund Team Download the New CEO’s Guide to Human Resources from Aspen HR: From this page or contact jenny@aspenhr.com Connect with Acquiring Minds: See past + future interviews…

People in this episode

Host: Will Smith

Guest: Justus Luttig

Topics covered

  • business acquisition
  • entrepreneurship
  • blue-collar businesses
  • SBA loans
  • H1B visa challenges
  • mergers
  • due diligence

Keywords

  • acquisition
  • trades businesses
  • SBA loan
  • H1B visa
  • mergers
  • entrepreneurship
  • blue-collar work
  • due diligence

Mentioned in this episode

Organizations: Oberle Risk Strategies, Aspen HR, The Acquisition Lab

Places: South Africa, US

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