SBA Lender Recommendation

February 25, 2022
by a searcher from Northwestern University - Kellogg School of Management in Glencoe, IL, USA
All-I was a self-funded searcher in 2019/2020 and closed a deal in July 2020 four months into COVID. I wanted to share information about my SBA lender because my deal would have never happened without him.
I was buying a food company with a strong restaurant customer base. My original SBA Lender pulled out once COVID hit, and I had to scramble to find new financing to get the deal done.
Most banks I spoke with had a very narrow view of the opportunity at the start of the pandemic while my lender looked at the 25-year history of the business I was acquiring as well as my own business track record and financed the deal. Since then, he has continued to be supportive with a line of credit and, most recently, an SBA construction loan for a brand new manufacturing/office facility I just built.
If you are looking for an SBA lender who will look at the big picture, you should have a conversation with ^redacted
from Providence College in New York, NY, USA
from The University of Chicago in Chicago, IL, USA