Banks

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March 21, 2025

by a searcher from Louisiana State University - E. J. Ourso College of Business in Phoenix, AZ, USA

What banks are you guys using that is open to accepting the seller finance equity as our equity to finance a roll up.

thanks

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Reply by a lender
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA
We are a Commercial Loan Brokerage Shop with direct lending relationships with over 500 different institutions. You can use seller notes with the SBA 7A process in order to limit your required equity. Technically the SBA 7A program requires 10% equity down, but if you have a seller note for 10% or more of the purchase price on standby (meaning no payments) for at least two years, then you can technically get away with as little as 2.5% down. Not all lenders are doing deals with less money down and some still want at least 5% down, but we have gotten deals done at 2.5% to 5%.. If you have the seller note for 10% or more of the purchase price on standby for a full 10 years, you can technically get away with $0 down, but even in those cases we are seeing most lenders still want 2.5% down.

I would be happy to have a discussion at any time. You can reach me here or directly at redacted
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Reply by a professional
in Colorado, USA
I'm not really sure- but my friend is a super connector and knows banks in and out. Let me know if you want an intro https://www.linkedin.com/in/tomhowardnh/
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