SBA Lenders $10M - correction

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by a searcher from University of Pennsylvania - The Wharton School
in Miami, FL, USA

1yr ago

SBA Lenders $10M - correction

Hello SBA Lenders and Debt Brokers

I've seen some posts claiming there are SBA lenders that go up to $10M in funding.

Possible for any lenders or debt brokers to confirm if true? If true, can you please announce yourself to the community?

The limit is $5M from SBA + $2.5/3M additional for companion from certain banks. A total of up to $8M of debt but only $5M SBA.

Folks should be careful what they post in this regard as there are many SBA - kings like Bruce and Lisa who know the rules inside out.

Thank you!
Jason

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reply by a lender 1yr ago
from California State University, Sacramento in Seattle, WA, USA

Hi ^redacted‌! Live Oak does have an SBA max $5M 7A + $2.5M Pari-Passu conventional companion product. We have done up to $4M in additional Jr Conventional + $5M SBA for some of our vertical lending such as Home Health for industries that we know well. The larger the deal sizes, the more operator/PG strength we’re looking for. Plus a balanced cap stack with reasonable seller notes and increased equity contributions commensurate with increased exposure. As usual ^redacted‌ does a great job of breaking down the nuances with his post above.

reply by a searcher 1yr ago
from Ural State Academy of Architecture and Arts in Лос-Анджелес, Калифорния, США

Hello Jason, Thank you for bringing this up. You're absolutely right — the standard SBA 7(a) loan limit is $5 million, and some lenders may offer an additional $2.5M to $3M in companion loans, bringing the total potential financing to around $8 million. If any lenders or debt brokers are indeed offering $10 million in total funding, it would be helpful for them to clarify how they structure such deals. Transparency is crucial in these conversations, and accurate information helps everyone in the community make informed decisions. I encourage any lenders providing these higher limits to step forward and share details on their process.