Where do you guys come up with your 5% equity injection for the SBA loans?

by a searcher from Louisiana State University - E. J. Ourso College of Business

2 months ago

Where do you guys come up with your 5% equity injection for the SBA loans. Are there angel investors / firms that are centered around getting your SBA loan across the finish line. Please provide links or whatever information you have.

Thanks

4 likes
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32 comments

lender from University of Missouri - Columbia

^Searchfunder member‌ If it is a business expansion you can get financing with 0% down if the deal is strong enough for that. If it is a first time business purchase usually you would need to put down 5% at minimum and then seller would need to have a note that is subordinated for 2 years without payments that is also 5%.

1 month ago | like reply | 1 like

searcher from Massachusetts Institute of Technology - MIT Sloan School of Management

Also, ^Searchfunder member‌: are some lenders not taking as a downpayment, a potential seller note?

1 month ago | like reply | 1 like

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