What Lenders Actually Look for in a Buyer
September 11, 2025
by a lender from Instituto Tecnológico y de Estudios Superiores de Monterrey (ITESM) in Madison, WI, USA
SBA lenders don’t expect you to be an industry expert. But they do look for:
• Transferable skills that align with the business
• Strong personal credit (ideally 680+)
• Clear, realistic understanding of the deal
A strong borrower profile doesn’t mean perfect—it means prepared. If you’re unsure whether you’re "fundable," the earlier you ask, the better.
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