Does SBA lender’s provide 100% finance?

Question

SBA Lender with 100% finance? Or Close to it?

Frank Lin · Answer

Up to 90% on CRE for SBA 7(a)

James Storey · Answer

Just did a 100% LTC on a build to suit medical building on a SBA 7(a). Just comes down to the owner occupied proforma and balance sheet.

James Storey, CCIM

David H. · Answer

@Jeremiah Samuel

Technically yes. Some SBA lenders will finance certain existing businesses CRE at 100% LTV through the SBA 7a program.

This is a common misconception that the max is 90%. That maximum applies to business acquisitions, and technically, you could finance 5% with a seller note bringing you up to 95% LTV in such a situation.

It will really come down to the bank/non-bank lender who is actually doing the loan.

I believe LiveOak Bank is doing 100% LTV on dentists and veterinary businesses.

It’s going to be rare to find a bank willing to do this, try LiveOak Bank, already own your business, and have strong credit and patience lol

Andrew Postell · Answer

@Jeremiah Samuel since SBA doesn't really apply to residential lending I might suggest to try another forum to get an answer here.  In most cases the SBA wont' apply to most real estate items.....I'm trying to think of a good forum....maybe the commercial forum?  That might be the best place to try.  Just a thought.

Does SBA lender’s provide 100% finance?

Most Popular Reply