We have been referred to a nearby lender for a potential SBA loan on a deal we are pursuing. The lender showed a warm reception / expressed interest in establishing a rapport with us. Our current deal is highly appealing - favorable margins, excellent DSCR, robust financials, and clean financial reports. The lender in question has an asset size of $2B and specializes mainly in the commercial real estate sector. We are uncertain whether to proceed with this lender or to explore options with larger SBA lenders (e.g. Live Oak or Huntington). We are eager to hear any input from others.
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