Are there any Lenders that work with remote operators?
March 13, 2026
by a searcher from Georgia Southern University in Orlando, FL, USA
folks,
I'm looking at a few opportunities outside of my local area that would require me to be a remote operator - I'm highly experienced with this (a large part of my 30+ year career in tech was remote or distributed teams) and so I know how to make this work (and I have a large network of resources to call on for help).
Some of the deals I've looked at are already remote teams - and those generally are acceptable to the SBA lenders.
But some of them are not distributed or remote already, and have good reasons to have to work together in a building. They're a multi-hour trip away. 4 hour drive, or 3 hour flight, or a stacked 8 hour trip of flights and drives, etc. I accept that I might have to spend a boat load more time onsite than I might want to make it work - and that's fine. But actually relocating is very different.
These are the ones that I've been getting pushback on from SBA lenders - they want me to commit to onsite.
I've seen advice around getting a lease and stating that I plan to relocate and operate onsite - but I'm just not comfortable with that - unless I really have to.
These aren't businesses I plan to operate as a absentee owner - just a remote operator. the role of CEO in businesses of certain scale doesn't require the CEO to see and touch everyone in the business daily - yes, there needs to be functional management in place onsite, but that doesnt have to be the owner-operator's job function.
The SBA lenders got more comfortable with this - finally - with lockdown, but from conversations I've had this seems to have disappeared.
Does anyone have suggestions, alternatives, or SBA lenders who are comfortable with this?
thanks!
(at least two of the lender rep's I've talked to about this are on SF and will see this and I thank you for your discussion so far - feel free to drop your two cents for other searchers! :) )
from Bloomsburg University of Pennsylvania in Ambler, PA 19002, USA
from Embry in Orlando, FL, USA