Mission: PossibleFinding SBA Loan Alternatives for Business Buyers
February 25, 2025
by a searcher
from Chapman University
in Montclair, NJ, USA
1Like
6Replies
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by a professional
from Columbia University
in Vancouver, WA, USA
Hi Maci, I concur. I reached out to a couple of 7a lenders locally in the past week and we are going to meet up in person, so I'll get their take on it and happy to share.
I like how you framed this because it made me think... My gut says to meet your two conditions, I'll have to focus on green energy, clean technology, manufacturing and materials. Definitely limited return prospects and a challenge to raise capital esp. in the current administration.
Reply
by a searcher
from Chapman University
in Montclair, NJ, USA
Thank you, John! To clarify, the 7a loan program has not been discontinued. However, with the substantial layoffs at the SBA, I believe there is a possibility the program could face closure or encounter delays in the underwriting process. I’m very interested in learning more about your funding approach. I believe the verticals that will require funding first are those with valuations exceeding what an entrepreneur could finance independently or those where raising capital may be challenging due to limited prospects of delivering an attractive return multiple for investors.
from Columbia University in Vancouver, WA, USA
I like how you framed this because it made me think... My gut says to meet your two conditions, I'll have to focus on green energy, clean technology, manufacturing and materials. Definitely limited return prospects and a challenge to raise capital esp. in the current administration.
Let's sync up on the phone. Here's my Calendly: https://calendly.com/johnregino/let-s-talk-on-the-phone
from Chapman University in Montclair, NJ, USA