SBA full standby seller note, allowed to pay off early?

by a searcher from Georgetown University - The McDonough School of Business

5 years ago

I understand the whole full standby as equity provision on an SBA loan but my question has to do with accelerated payoff.  If you have extra cash could you use that to pay against the seller note if you are meeting your SBA service with residual available cash?   

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1 month ago | like reply | 0 likes

searcher from Georgetown University - The McDonough School of Business

Thanks everyone. Just trying to understand options and sometimes knowing what you CAN’T do is just as important!

5 years ago | like reply | 1 like

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