Negotiating your SBA loan

searcher profile

March 28, 2022

by a searcher from Miami University of Ohio in Barcelona, Spain

I am wondering if it's possible to negotiate a period of interest only payment on SBA Loans.

That got me thinking, what are the levers of negotiating an SBA loan?

We are bring 35% equity to the deal, and I'm wondering what clauses we might be able to push back on.

For me one of the key things is just having some time to pay just interest.

Any other key clauses we should try to push for?

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commentor profile
Reply by a lender
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA
Great question. There are some items that are set by the SBA and the guidelines that cannot be negotiated. There are other items where there is room to negotiate. Some of it depends on each lender's internal policy as well. Getting an interest reserve factored in is something that can often get negotiated. We would be more than happy to discuss the various options up for negotiation and that cannot be negotiated at any time. You can reach me directly at redacted
commentor profile
Reply by a lender
from California State University, Sacramento in Seattle, WA, USA
It all depends on the WHY. What are you trying to mitigate during transition? What is your structure and DSC and buyer skill set compared to seller. All those nuances will help inform the best structure. I’m happy to talk directly as there are too many possibilities to mention. redacted
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