Building a List of SBA Lenders to Avoid—Got Any Stories?

investor profile

April 19, 2025

by an investor in Florida, USA

As we ramp up investments at Shareholder Ventures, we’re keeping track of SBA lenders—and their attorneys—who are difficult to work with. After closing multiple SBA-backed acquisitions (both our own and alongside other entrepreneurs), we’ve seen a stark difference in the reasonableness of various lenders—and just as importantly, the SBA compliance law firms that represent them during closing. Some lenders and lawyers make the process smooth and collaborative. Others create friction, delays, and unnecessary headaches—sometimes even killing deals with their unreasonableness. At this point, there are several banks we simply won’t work with—and we won’t back entrepreneurs who choose to use them either. If you’ve had a negative experience with an SBA lender or their legal counsel, we’d love to hear about it. DM me or reach out directly at redacted Our goal is to only work with—and recommend—SBA partners who are easy to work with, fair, and buyer/investor-friendly.
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