MINORITY OWNERSHIP AND REAL ESTATE FOR SBA 7A LOAN
I'm looking at a deal where the primary owner owns 95% of the business and 100% of the real estate (wants to sell the real estate as part of the deal). A general manager was awarded 5% of the company a few years ago.
Does the minority ownership or real estate preclude me from going the SBA 7a route? Has the community heard of creative ways to handle these situations if so?