ELEPHANT IN THE ROOM QUESTION - HOW TO ADDRESS THE 10% EQUITY FOR SBA DEAL?

Help from the group: (please no anecdotal answers, but real-life)

I continue to get from banks that the SBA requires a 10% cash injection from buyer, but have never read it under the SBA guidelines.
(Maybe this is just bank guidelines?)

Question- if you have all your ducks in a row and deal fits banks guidelines, but you personally don't have that '10%' cash available, how can you structure the deal?

Understand 'skin in the game' and one will by signing the dotted line, but if it's a good deal and is de-leveraged with great DSCR, how do you get over this hurdle?

*Again, real-life answers of those who have done it.

Thanks in advance!



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