Financing inquiry

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January 09, 2023

by a searcher from University of North Carolina at Chapel Hill in Charlotte, NC, USA

I have a technology deal under contract in GA and am considering our options for a working capital line of credit and more. Does anyone have any commercial bankers with a track record who you'd recommend?

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Reply by an investor
from University of Pennsylvania in New York, NY, USA
Not sure what you mean by "technology" but I found financing software outside of SBA very challenging. You can have the best business model in the world but if you don't have assets a lot of traditional banks won't touch it. If you do go SBA I would highly recommend the Live Oak team as they definitely get technology.
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Reply by a searcher
from Villanova University in Southborough, MA, USA
LiveOak got me through the door with a generous working capital, after another leading back cancelled on the loan couple of weeks before closing.
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