Frak Finance Review: Fractional CFO Services for Business Acquirers
Acquiring a business with an SBA loan is one of the most complex financial transactions most entrepreneurs will ever undertake. Between the SBA loan, seller financing, equity injection, due diligence, and post-close operations, the financial demands can be overwhelming — especially for first-time buyers. That’s where Frak Finance comes in.
Frak Finance offers fractional CFO services specifically designed for small and medium-sized businesses, including those going through acquisitions. In this review, we’ll cover their services, track record, and how they can support your SBA-financed deal from due diligence through post-close operations.
What Is Frak Finance?
Frak Finance is a fractional CFO and financial advisory firm serving SMBs across the business lifecycle — from acquisition through growth and eventual exit. Founded by Tom, who brings both founder/investor and operator experience, Frak Finance delivers what they call a “reverse-engineered playbook to financial success.”
You can find them on VerSquare’s provider platform and at frakfinance.com.
Frak Finance by the Numbers
- 150+ successful projects completed
- 45+ happy clients served
- 16% average reduction in monthly expenses for clients
- 23% average increase in net profit for clients
These aren’t vanity metrics — a 16% expense reduction and 23% profit increase represent real, measurable impact on business performance.
Frak Finance’s Service Areas
Frak Finance organizes their services into three categories that map perfectly to the acquisition entrepreneur’s journey:
Buy a Business: Due Diligence Services
For buyers in the acquisition phase, Frak Finance offers:
- Quality of Earnings (QoE): The gold standard of acquisition due diligence — verifying that the seller’s reported earnings are real, sustainable, and properly adjusted
- Valuation: Independent business valuation to ensure you’re paying a fair price
- Forecast: Financial projections that help you (and your SBA lender) understand the business’s future performance
- Industry Analysis: Understanding market dynamics, competitive landscape, and growth potential
For SBA buyers, the QoE report is particularly critical. SBA lenders increasingly require (or strongly prefer) independent QoE reports before approving acquisition loans. Having Frak Finance provide this can strengthen your loan application significantly.
Grow a Business: CFO Advisory
Once you’ve closed the deal and you’re operating the business, Frak Finance provides ongoing fractional CFO support:
- Forecasting: Rolling financial projections to guide decision-making
- Cash Flow Management: Critical for businesses servicing SBA debt — ensuring you always have the cash to make loan payments and invest in growth
- Growth Capital Revenue (Debt or Equity): If you need additional capital for growth, they help identify and secure the right source
- Sales & Marketing KPI Accountability: Tracking the metrics that drive revenue and holding teams accountable
Sell a Business: M&A Services
When it’s time to exit — whether that’s in 5, 7, or 10 years — Frak Finance supports the sell-side process:
- Valuation: Understanding what your business is worth before going to market
- CIM Creation: Building the Confidential Information Memorandum that attracts buyers
- Data Room Creation: Organizing all financial and operational documents for buyer review
- Chart of Accounts Clean-Up: Getting your books in order to maximize sale price
How Frak Finance Supports SBA Acquisitions
For SBA-financed acquisitions specifically, Frak Finance adds value at multiple stages:
Pre-Close: Strengthening Your Deal
- QoE reports build lender confidence: SBA lenders want to know the numbers are real. A professional QoE from Frak Finance gives them that assurance.
- Valuations support your offer: An independent valuation helps justify your purchase price to both the lender and any equity investors
- Forecasts demonstrate debt service capability: Showing that the business can comfortably service the SBA loan is essential for approval
- Industry analysis identifies risks: Lenders want to know you understand the market — Frak Finance helps you demonstrate that
Post-Close: Ensuring Success
- Cash flow management prevents default: The #1 risk for SBA borrowers is cash flow problems. Having a fractional CFO monitoring this is like having an insurance policy.
- Growth planning maximizes ROI: You didn’t buy a business just to maintain it — Frak Finance helps you find and execute growth opportunities
- Financial reporting keeps stakeholders happy: SBA lenders, equity investors, and your own decision-making all require quality financial reporting
The Zero-Down Connection
When you structure a deal with an equity investor providing the 5% injection and the seller carrying a note, the SBA lender’s confidence in the deal is paramount. Professional financial advisory from Frak Finance can be the differentiator that gets your zero-down deal approved.
Learn more: How to Buy a Business With Zero Down Using an SBA Loan.
Client Testimonials
Real feedback from Frak Finance clients paints a picture of their working style:
- Dhruv Singh (Aktivate): Recommended Frak Finance for early-stage, high-growth companies needing a “smart, reliable team.” Noted that Tom “sees the big picture as a founder/investor” while understanding details quickly as a former operator. Tom delivered a complex financial model for a $10M+ raise on an aggressive holiday weekend deadline — “with a smile on his face.”
- BIM Designs, Inc.: Long-term engagement demonstrating sustained partnership beyond a single project
The Aktivate testimonial is particularly telling — it shows Frak Finance can handle high-pressure situations with tight deadlines, which is exactly what you need during an SBA acquisition process where timing often determines whether a deal closes.
Pros and Cons of Frak Finance
Strengths
- Full-Lifecycle Coverage: Buy, grow, and sell — they support every phase of business ownership
- Proven Results: 16% expense reduction and 23% profit increase are strong, measurable outcomes
- Operator + Investor Perspective: Tom’s dual background means he understands both the financial and operational sides
- QoE Expertise: Quality of Earnings reports are essential for SBA deals, and Frak Finance delivers them
- Fractional Model: You get CFO-level financial leadership without the $200K+ salary of a full-time CFO
- Holistic Approach: They look across all departments, not just finance, ensuring accountability throughout the organization
- Project Volume: 150+ projects means deep experience across diverse business types
- Deadline Performance: Client testimonials highlight their ability to deliver under pressure
Considerations
- Service Provider vs. Capital Source: Frak Finance primarily provides advisory services, not equity capital — you’ll still need a separate equity investor if you need injection capital
- Ongoing Costs: Fractional CFO services are an ongoing expense that adds to your operating costs
- SMB Focus: Their services are calibrated for small and medium businesses — if you’re acquiring a larger company, you may need a different scale of support
- Not a CPA Firm: For tax-specific needs, you’ll still need a dedicated CPA
Frak Finance vs. Other Financial Service Providers
- vs. Cayne Crossing: Both provide diligence and advisory services. Cayne Crossing focuses more on M&A advisory and investment; Frak Finance leans into fractional CFO and ongoing operational finance.
- vs. Traditional QoE Firms: Dedicated QoE providers may go deeper on diligence, but Frak Finance offers the full continuum from diligence through post-close CFO support.
- vs. Full-Time CFO: A full-time CFO costs $150K–$300K+ annually. Frak Finance provides similar strategic value at a fraction of the cost.
- vs. Your CPA: Your CPA handles tax compliance and audit. Frak Finance handles strategic financial leadership — different roles, complementary functions.
- vs. DIY Finance: Some owners manage finances themselves. This works until it doesn’t — the complexity of SBA debt service, growth planning, and financial reporting usually demands professional support.
Who Should Work With Frak Finance?
Ideal Candidates
- SBA buyers who need QoE and valuation support for their deal
- First-time operators who lack CFO-level financial experience
- Businesses needing cash flow management while servicing SBA debt
- Growth-minded owners who want to scale after acquisition
- Future sellers who want to maximize their exit value
May Not Be the Best Fit For
- Buyers who only need equity capital injection
- Large enterprises with existing in-house finance teams
- Pure tax and compliance needs (use a CPA for that)
GoSBA Loans + Frak Finance: A Powerful Combination
Imagine this deal team: GoSBA Loans handles your SBA financing, Frak Finance handles your financial diligence and post-close CFO support, and an equity investor covers your injection. That’s a deal structure built for success.
At GoSBA Loans, we specialize in one thing: SBA loans for business acquisitions.
- SBA Expertise: Business acquisition financing is our sole focus
- Lender Network: Dozens of SBA preferred lenders providing competitive rates
- Deal Team Coordination: We work with your advisory team, equity investors, and attorneys to close smoothly
- Pre-Qualification: Get SBA-ready before you engage diligence providers
- Zero-Down Deals: We specialize in zero out-of-pocket acquisition structures
Final Verdict: Is Frak Finance Right for Your Acquisition?
Frak Finance fills a critical role that many acquisition entrepreneurs overlook: professional financial leadership. Their QoE reports can make or break your SBA loan approval, their fractional CFO services can prevent the cash flow crises that sink new owners, and their growth advisory can help you maximize the investment you’ve made.
Best for:
- SBA buyers who need professional QoE and valuation services
- New operators who want fractional CFO support post-close
- Growth-minded owners who plan to scale their acquisition
Less ideal for:
- Buyers seeking only equity capital
- Businesses with existing in-house finance leadership
Start Your Acquisition With the Right Team
The best deals are closed by the best teams. Get your SBA financing started with GoSBA Loans and build the advisory team that gets you to the closing table and beyond.
Contact GoSBA Loans today for a free consultation. Let’s make your acquisition a reality.
