SBA 7a loan with pari passu bank funding?

searcher profile

December 14, 2023

by a searcher from The University of Chicago - Booth School of Business in Chicago, IL, USA

Hello All,

I have found a deal that I expect to cloes between 7 and 8M. Does anyone here have experience with doing an SBA 7a loan with pari passu bank funding?

Any resources you could share / banks that play in this space would be helpful!

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commentor profile
Reply by a lender
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA
We we would be happy to have a conversation. We are a Commercial Loan Brokerage Shop with over 500 funding partners and we have over 50 SBA lending partners, several of which do Pari Passu lending. However, I will be up front with you, due to recent trends in the industry and concerns about economic conditions, a number of Banks that were doing Pari Passu lending are either no longer doing it or have raised the standards by which they will do it. But we still have lenders providing that financing. You can reach me here or directly at redacted Good luck.
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Reply by a searcher
in Rindge, NH 03461, USA
Live Oak does Pari Passu funding. If you have real estate with the purchase I can offer sale-lease back funding that can free up cash. redacted
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