We're looking for highly recommended SBA lenders who lend in California

investor profile

November 10, 2024

by an investor from Ivey Business School at Western University in Toronto, ON, Canada

As not all lenders are equal, we would Ideally like a lender that has a reputation for being responsive, creative , flexible and working with buyers to help them get a deal over the finish line .

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Reply by a professional
from University of Michigan in Dallas, TX, USA
We've closed well over 100 deals with SBA loans and my answer to this will always be the same - Look at the top###-###-#### SBA lenders by deal volume and remove the "national" banks. The big banks (Chase, WF, etc) are almost universally terrible to deal with, no matter how good the specifical BDO is (BDO's are largely sales people - you care about back office, and they're always tough to work with).

Instead, you want banks like Live Oak, First Bank of the Lake, and First Internet Bank. We see those three repeatedly in our deals and they're always a pleasure to work with. If you want contact info for great BDO's at any of them, DM and I'll forward along!
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Reply by a lender
in Ponte Vedra Beach, FL 32082, USA
I am a nationwide SBA lender, with high production in CA. The Bancorp is a top 10 SBA producer nationwide year over year. You're welcome to reach out anytime, my cell is###-###-#### and my email is redacted
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