Are there any Lenders that work with remote operators?

searcher profile

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! :) )
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commentor profile
Reply by a lender
from Bloomsburg University of Pennsylvania in Ambler, PA 19002, USA
Context / situation matters drastically here. What type of biz, is seller running it absentee/semi-absentee and it is an easier leap to consider a remote operator, is there management on site (ones willing to commit to the biz long term.. and if so are you incentivizing them with equity consideration, profit sharing, etc). Are you committing for any period of time during initial ramp up and how are you are demonstrating that to the bank? As a general rule of thumb SBA lenders have made it a large focus in recent year(s) towards "boots on the ground" ownership. Now with the other particulars mentioned above, is there enough to mitigate that risk if you were to be a long term remote owner? Personal recommendation for you (although biased since I am a lending advisor) is to talk to a broker/adviser that can help you map out a realistic plan post close to present to lenders to maximize your chance at bank comfortability. There are lenders that are certainly more lax on these requirements but they will expect you to bend in other places of deal structuring
commentor profile
Reply by a professional
from Embry in Orlando, FL, USA
I run a searchfunder group in Winter Park, We have vendors that show up to our events. Do you want to attend?
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