Seeking Broker Recommendations for Non-Citizens: Exploring SBA/Non-SBA Options

searcher profile

May 08, 2024

by a searcher from Ben-Gurion University of the Negev in Pittsburgh, PA, USA

Hey there!

I'm on the lookout for broker recommendations specifically tailored to non-citizens like myself. While I haven't reached out to brokers yet, I understand that being a non-citizen might pose some challenges for traditional loan options (unfortunately, I'm still in the process of obtaining my GC, but I'm actively working on it).

I'm eager to explore different avenues to structure my deal effectively, including options like SBA and non-SBA senior debt. In terms of my financial standing, I've been living and doing business in the US for the past 6 years, so I have a strong credit history and score. Right now, my main assets include my house and 401k. However, I'm also in the process of liquidating some overseas assets to increase my liquidity (expecting around $0.5M in cash and cash-equivalents in the US).

I'd really appreciate any insights or recommendations you might have for brokers who specialize in assisting non-citizens like myself.

P.S. While I know that mezzanine financing is a relevant alternative, my primary focus here is on understanding the landscape for senior debt options before considering mezzanine financing as an addition or replacement.

Thanks in advance!

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commentor profile
Reply by an intermediary
in San Francisco, CA, USA
Hey Haggai we just launched a new platform to help match searchers with SBA lenders for their deals: https://godealwise.com/beacon

Still in closed beta but would be happy to introduce you to some of the more aggressive lenders we're working with. AFAIK being a non-citizen is not an issue as long as you're a permanent resident.

Shoot me an email at redacted
commentor profile
Reply by a professional
from University of Massachusetts Amherst in Boston, MA, USA
Hi Haggai, we help ETA entrepreneurs secure funding for their searches. We can potentially help you out with funding. Could you fill up this form: https://form.jotform.com/ridethewave/funding-ally, and please text###-###-#### or email redacted and I can see if we can help you out.
commentor profile
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