In search of a new lender to take over - any recommendations? $3.5M

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February 25, 2026

by a searcher from George Mason University in Manassas, VA, USA

Hey everyone! I have the blessing from my current lender to either perform a "Transfer in participation" (SBA loan transfer to a new bank) or pay off with a new lender/other type of loan. For some background I purchased a profitable manufacturing business, with $1.9M in real estate. The corporate HQ is in VA while 99% of operations are in upstate NY. Edited to add: We have strong PE interest in providing funding for future growth, but my priority right now is speed. But I am open to PE/equity type investments to payoff as well
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Reply by a lender
from Clemson University in Reston, VA, USA
I’m in Reston but we have a large office in Manassas and that’s not an issue for us as long your corporate hq is in the dmv. redacted
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Reply by a searcher
from University of California, Berkeley in Castro Valley, CA, USA
I am curious as to how this “blessing” came about? A change in risk appetite for the bank of something else
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