SBA 7(a) Loan - Non-US Citizen

by a searcher from Northwestern University - Kellogg School of Management

1 year ago

I was researching possibilities for a self-funded acquisition, but an SBA-partner bank I spoke with recently mentioned that non-US citizens (no green card) do not qualify for an SBA loan. Online research says it's possible to own a minority stake but depends on the lender.

Curious what the group here knows. More importantly, what other realistic alternatives are out there?

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lender from Eastern Illinois University

To qualify for an SBA loan the company you are buying must be 51% or greater owner by a US Citizen or at least a green card holder. Up to 49% of the company can be owned by foreigners. Not all lenders will do a deal where a foreigner is an owner, but it is an option. Happy to discuss in more detail if you need assistance. You can ping me here or directly at --@----.com Good luck.

1 year ago | like reply | 1 like

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