SBA Strategy with multiple LOIs
August 02, 2025
by a searcher from University of Chicago in Washington, DC, USA
All - After a few months of cold-calling, kissing some frogs, and taking some f-bombs - I have two companies under LOI. I am dual-tracking DD on both in case one falls through. However, if neither falls through, I would like to close on both. Does anybody have experience/advice on the feasibility of pulling this off with the SBA? If you do, I'd love to schedule a call. Some pertinent details below:
- Both targets are close to my house and close to each other
- Both are in the exact same industry
- Combined deals will still be under the $5mm SBA 7(a) loan cap
- I have relevant operator experience (but not as controlling owner)
Thanks for the help!
Happy searchin'
from Marquette University in Milwaukee, WI, USA
from University of Miami in New York, NY, USA