SBA Lender Recommendation

searcher profile

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

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commentor profile
Reply by a professional
from Providence College in New York, NY, USA
I work for www.cyndx.com, a proprietary sourcing/company search platform mapping sector landscapes and tracking over 16m private & public companies.A majority of the client base is PE and investment banks.We've had limited success with searchfunders, thus I'm hoping to engage a conversation with you all on a pricing model that is mutually beneficial given your budgetary/commitment concerns?
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Reply by an intermediary
from The University of Chicago in Chicago, IL, USA
Congrats, Lis. Glad to know all is going well and growing.
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+2 more replies.
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