Looking to find out how much experience SBA lenders look for in applicants. Was anyone denied due to lack of experience? Our search is still broad in its scope, so we haven't eliminated many industries from our criteria, but we received some feedback from a broker that suggested that this could be a barrier for acquiring some businesses with an SBA loan.
Level of Industry Experience Preferred by SBA Lenders
by a searcher from University of Michigan - Ann Arbor
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