Hello - Looking to gain some insight. I came across this info that states your the SBA loan term cannot be longer than the property lease with your landlord. If your lease term is 7 years and you have the option to renew for 5 years, will SBA provide a 10 year loan term? Thank you!

"A common issue we see is related to the length of the lease on the location. The lease term must be at least as long as the SBA loan , which can be a 10-year loan. When purchasing an existing franchise, the length of time on a lease is often less than 10 years. This doesn’t prevent you from getting an SBA loan, you simply need to renegotiate the lease before you can close. If the cost of the lease is significantly higher upon renegotiation, that affects cash flow and your ability to get an SBA loan."