Hi Searchfunder Community,
I’m Ishan Jetley, founder of GoSBA Loans. GoSBA is a SBA loan brokerage that specializes in helping entrepreneurs secure the best financing terms for business acquisitions and real estate. We also assist with working capital loans, and SBA 7a small loans or credit lines —whatever your business needs might be.
Having worked with all the leading banks that are active in business acquisitions, we understand the unique requirements, credit box and underwriting criteria for every major lender. Some focus on your industry experience, while others are more flexible. Debt service coverage ratios and pricing vary as well, with rates from Prime + 1% to Prime + 2.5% depending on the strength of the deal. We have closed deals with searchers putting very little down with use of outside investors (no pg below 20% ownership) or seller notes.
At GoSBA, we do more than just connect you with financing. We also help with creating business plans, financial projections or help with deal terms or seller notes or lease agreements. We can also help and refer you to handling post-approval items like life insurance. The best part? We’re a free service for borrowers. The bank pay us after your loan closes, so this is a 100% free service for you. On average, we save searchers 0.5% on their interest rate and close deals 30% faster. When lenders compete, you win!
If you’re interested in learning more, feel free to reach out for an introductory call here: https://cal.com/ishan-jetley-3d73m8/30min or visit our website: https://gosbaloans.com/business-acquisition/
Looking forward to working with you.
Thanks,
Ishan Jetley
https://gosbaloans.com
https://cal.com/ishan-jetley-3d73m8/30min
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PS: We are currently working with a lender that is offering fixed rate financing at 8.95% for three years and prime + 2% after that. This could be a nice sized saving for larger transactions. (10,000 is interest saved per year for every $1 million borrowed).
Would love to connect and discuss a possible partnership - I engage in mainly franchise & acquisition SBA lending and think there are some synergies to be had.
Lets schedule something for next week if your calendar permits // --@----.com