Negotiating your SBA loan

by a searcher from Miami University of Ohio

2 years ago

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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lender from California State University, Sacramento - College of Business Administration

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. --@----.com

2 years ago | like reply | 0 likes

professional from Marquette University

I've had buyer clients get interest only for both 3 and 6 month time periods. It depends on the bank and banker, the deal, how much they want the deal, etc. As ^Will Lucas wrote, it doesn't hurt to ask.

2 years ago | like reply | 0 likes

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