Multiple PGs

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November 10, 2025

by a searcher from University of Miami in Indianapolis, IN, USA

Hi all, I have an opportunity to pursue more than one deal that will realistically close. I spoke with my SBA lender about signing multiple PGs on multiple loans and the response was that it will depend on underwriting and my lender's appetite for risk. Anyone have experience with this and can offer help navigating? Appreciate the help.
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Reply by a professional
from Western Michigan University in Columbus, OH, USA
Banks don’t want you to buy multiple businesses at the same time. It’s a recipe for disaster and they know it. Taking over a business is hard enough, especially if it’s your first business. Integrating two businesses is even harder. Typically they want at least one year between acquisitions. However, there can be exceptions Pick one business, in an industry you know and run that. After you have done that successfully, you can think about buying another.
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Reply by a searcher
from Boston College in Newport, RI, USA
Talk to one of the sba loan brokers out there. Matthias at Pioneer Capital is a good one. My guess - most banks won't do it, but there may be a few that will and pioneer would probably know who they are.
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