Yes, you can sell a business with an SBA loan, but not without taking certain important measures. The most crucial measure is obtaining lender approval.We'll discuss seller financing for business and how it works, as well as highlight the pros and cons for both buyers and sellers. Sale of an asset in which the LLC carrys the loan. Legal advise and agreements for purchasing a business or selling a business. Get our free, updated 2022 checklist for business buyers. Create a thorough plan to transfer ownership, sell, or close your business. Get qualified advice and know what to do to tie up loose ends. Applying for a small business loan in Pennsylvania requires meeting specific criteria. Asset-based loans in Pennsylvania allow borrowers to secure financing based on the value of their assets.