How many SBA 7(a) offers should I get?

November 14, 2024
by a searcher from Pepperdine University - Graziadio School of Business and Management in Denver, CO, USA
I have strong reservations about banks, largely due to my understanding of the Creature from Jekyll Island.
That said, I want to secure the best rate possible, and time is on my side. With the Fed likely to lower interest rates in December, and the seller not in a rush to close, I have some flexibility. I like what Live Oak is offering but need to explore additional options. Since there’s no immediate pressure to close the deal, I can take a bit more time to find the best terms.
How many offers should I get?
from University of Southern California in Los Angeles, CA, USA
from McGill University in San Diego, CA, USA