I closed on a $500K SBA loan in March - I'm now in talks with the seller to buy the rest of his business for ~$1.5M - any banks who would look at this with my short history?
I bought one division and I'm now looking at buying the remaining divisions. Original loan was through Huntington and it doesn't sound like they have the appetite - they typically want a tax return for the new business before they will underwrite an additional loan.