Conventional (Non-SBA) Loans for Acquisitions — Experiences?
Has anyone here used a conventional (non-SBA) loan to acquire a business? I’d love to hear: Typical terms (rate, amortization, leverage, covenants) Whether personal guarantees were required Lenders/providers you’d recommend Asking because some sellers are concerned about PGs under SBA financing. Any firsthand experiences or referrals would be much appreciated. Thanks! Kai