A borrower on Searchfunder was about to sign a $2.5M loan at Prime + 2.5%, but we ran a process and just closed the deal at 7.99% fixed—a savings of $50k per year in interest.

Working with a broker or running a full lender outreach yourself can make a huge difference. Not all deals qualify for lower fixed rates, and some higher-risk deals will still be priced at Prime + 2.5%. But the only way to maximize savings is to talk to multiple lenders—either yourself or through a broker. Make sure the broker is paid by the lender and is charging you no fees.

If you’re in the process of securing an SBA loan, do a full outreach and save some money.