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Updated 10 days ago on . Most recent reply

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313
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220
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Nic S.
  • Danville. CA
220
Votes |
313
Posts

SBA Lender Recommendations

Nic S.
  • Danville. CA
Posted

I’m looking for a reputable SBA lender in the Bay Area who can help me get prequalified for a potential business acquisition.

I’m still in the early stages and evaluating opportunities, so I’m not looking to submit a full loan package tomorrow. I’m hoping to speak with someone who can help me understand what I could realistically qualify for, typical SBA 7(a) terms and current rate ranges, down payment expectations, how seller financing is viewed, what lenders want to see from me as a buyer, how much business financial history is needed, and any red flags I should be aware of before getting too far into a deal.

Ideally looking for someone who has experience with small business acquisitions, not just general commercial lending.

Any referrals or recommendations would be appreciated. Thank you.

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