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May 25, 2023
11:40
:10
am
Archaea
Intervention Needed
This is accurate.
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Archaea
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Archaea
Joined
Mar 28, 2001
Last login
Jun 2, 2024
Total posts
95,194 (3,151 FO)
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Messages
Author
Time
Anybody do SBA loans or or have any tips? I’m in the process of selling
tander123
5/25/23 11:17am
RE: Anybody do SBA loans or or have any tips? I’m in the process of
Archaea
5/25/23 11:30am
Thanks
tander123
5/25/23 11:33am
You may need to offer owner financing for a couple years, at least for a portion
wildwilderness
5/25/23 11:35am
But you have to be careful how that is done as it can
Archaea
5/25/23 11:39am
Those are both bank policy/decisions not sba policy. Every buyer sets up a new
DiamondMo
5/25/23 11:36am
This is accurate.
Archaea
5/25/23 11:40am
Yes, I have 9 years of records
tander123
5/25/23 11:41am
Was the loan the buyer applied for an SBA backed loan?
BYUMizzou
5/25/23 1:55pm
Yes, was an SBA backed loan.
tander123
5/25/23 2:22pm
Not all SBA lenders are created equal. He should go to a loan broker
TepperCoug
5/25/23 2:38pm
Live Oak Bank is another option - they dothousands of SBA loans each year
BYUMizzou
5/25/23 2:41pm
Yeah, they are one of the best. But they have more strict DCSR than others.
TepperCoug
5/25/23 2:44pm
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