Support letter for Conventional Loan (no sba)

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March 13, 2026

by a searcher from University of Florida in Boca Raton, FL, USA

Hi - does anyone have a recommendation on which conventional lenders they recommend that were able to provide them a support letter? $4M range or so range. I need the letter for a deal I am actively reviewing. No sba.
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Reply by a searcher
in Miami, FL, USA
Lauren, I would reccomend working with an experienced broker and getting a few letters. This will position you as a prime canditate not only for this deal but future deals and bokers will view you as a credible buyer.
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Reply by a professional
from Liberty University in New Smyrna Beach, FL, USA
Hey Lauren - will come down to a few different factors: - Business' existing finances - last 3 years will still be seen, just like in SBA, but different lenders may have less stringent requirements than the strict/precise SBA underwriting model - Your Business plan - pro forma financial projections, underpinned by a reasonable strategy to achieve them - Your track record - have you run that type of business before? - Your financial "weight" - mostly net worth and liquidity, and/or those of your partners if anyone is signing on a loan Those become the legs of the stool, so to speak, that a loan can sit on. There are banks and credits unions that have different underwriting guidelines, and are interested in supporting different types of borrowers, businesses, or locations. Then there are private capital sources who may be mroe flexible, but more "expensive" (higher interest rates and fees). Knowing some of the above helps to narrow down the list from literally thousands of reputable commercial lenders to the most likely candidates for your situation. Hope that's helpful; I sometimes help directly on capital deals: SaltandWisdom.com/Capital
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