I would love to connect with you. We are a Commercial Loan Brokerage Shop with direct lending relationships with over 500+ lending partners. We have completed several pari passu transactions over the years. You can reach me here or directly at redacted Up front I can tell you that only a very few SBA 7A lenders offer Pari Passu financing and those that do have much higher underwriting requirements than they do for traditional SBA 7A loans. In addition, the higher Pari Passu you need, the less lenders that are typically available. The largest deal I have seen get done has been $4 million, but few lenders go over $1 million to $2 million.

For the few lenders that are providing conventional debt on top of the SBA, we're typically looking for stronger personal guarantors with operational experience. We're more keenly looking for industry experience and post closing liquidity. ^redacted‌ recapped the sentiment well. We're also looking for more personal equity injection coming directly from the buyer/operator. Happy to chat about specific deals. Also email to join our weekly office hours on all things SBA and our point of view/process. redacted