anyone experienced with non SBA loans in NY to foreign nationals

by a searcher from University of Auckland

Mar 02,2023

Have a couple of companies im looking to finance. I have noticed one of the requirements appears to be to have visa and be residing within the USA . While I am looking to migrate to the USA, I would be doing so under a E2 Visa. Which takes around 6 months to process, however i need to acquire the company before making an application. Does anyone know of any non SBA loans that do not have these restrictions, would it be simply family offices?

1 like
10 views
2 comments

searcher from University of Auckland

Yeah oaky, so two options ideally, family office funds or seller finance. - You can ofcourse do other things like trusts deeds, option agreements, phantom equity, POA. - Better to avoid these though unless you really needs cheaper finance, and you will not be able to say on paper you have 51% stake for E2 application.

03/05/2023 | like reply | 0 likes

professional from Boston University - Questrom School of Business

My thought is that this is an uphill climb, regardless of the state in the US. From my experience, I have observed that they (lenders) prefer the relative safety of SBA loans, which foreign nationals are not eligible for. Best bet for foreign nationals lacking 100% equity, is to find a way to become operating partners , IMHO.

03/02/2023 | like reply | 0 likes

More on Searchfunder

Now everyone has unlimited IBISWorld access

Self Funded Acquisition: A few Things I Learned

45,152 transactions are available on Searchfunder (now searchable by keyword)

Investor seeking self-funded deals in the US

Acquired our first company - UpCounsel.com

Reflections On First Week As CEO

Introductory one pager?

Successful closing of a Manufacturing company in Biopharma

Searchfunder is an online community and toolkit for searchfunds. Over 80% of those involved in searchfunds maintain a Searchfunder.com account to help them network, problem solve challenges, and keep up with the industry.

We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.