Seller Financing Friendly Banks in New York

by a searcher from Concordia University

3 weeks ago

Does anyone have a bank they've worked with in conjunction with seller financing when acquiring a business?

From my understanding, it's nearly impossible for SBA loans and Seller Financing to mix well, so finding the right bank to provide the debt financing is key.

Any good banks out there?

1 like
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11 comments

lender from The University of Michigan - Stephen M. Ross School of Business

We fund nationwide including in NY. Surprised to hear this comment as almost all SBA-funded acquisitions that we work on incorporate seller financing. Feel free to reach out to me directly at --@----.com

2 weeks ago | like reply | 1 like

professional from University of Southern California - Marshall School of Business

Like pit bulls, there are no truly friendly banks or bankers. You need them for their money, not their friendship. Thinking they are your friend is a good way to make mistakes. (Apologies for the pitbull example; one of my favorite pups.)

2 weeks ago | like reply | 0 likes

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