Submitting LOI, getting a term sheet
by a searcher from State University of New York at Binghamton in New York, NY, USA
Hello everyone!
Submitted my first LOI last week on a deal using private funding + proof of personal assets. Unfortunately that deal fell through and I am now looking to submit my second LOI on another business.
My question to you guys is, when going via the SBA funding route are there any lenders that will grant a blanket pre-approval or term sheet (non-binding) similar to that