What do you think or know is the proportion of SBA guaranteed loans where buyers make the lowest (10%) permissible down payment / equity investment for their acquisition?

I’ve been trying to pry this insight out of lenders but they are not cooperating with facts.



From my perspective of SMB done deals, few acquired businesses post-closing can adequately service acquisition (and other) debt unless buyers upfront make a larger than 10% down payment from un-borrowed funds.