SBA Lenders who do Pari Passu loans

November 18, 2024
by a searcher from The University of Chicago - Booth School of Business in Newport Beach, CA, USA
Looking to identify SBA lenders who offer pari passu loans in excess of the the $5M cap for the 7A program. Specifically, I am trying to find banks that will not require a personal guaranty from minority investors (i.e. < 20%).
from University of Southern California in Los Angeles, CA, USA
from Mississippi State University in Nashville, TN, USA
My company (44 Business Capital) is a top 20 SBA Lender nationally. We do pari passu deals. Happy to discuss.
To answer your question. It really depends on the deal. Each deal is unique. Even though SOP does not require a PG from someone with less than 20% ownership, it could still be required.