500-600k business loan

swpopham · ‎05-23-2019

anyone had any luck with SBA loans? scores in the 800s and 20% DTI right now

"As long as the music is playing, you've got to get up and dance," he said. "We're still dancing."---Prince CEO Citi Bank

"Money isn't the most important thing in life, but it's reasonably close to oxygen on the "gotta have it" scale". ~Zig Ziglar

swpopham · ‎05-23-2019

looking to buy a franchise and build out and open. If that makes any difference

"As long as the music is playing, you've got to get up and dance," he said. "We're still dancing."---Prince CEO Citi Bank

"Money isn't the most important thing in life, but it's reasonably close to oxygen on the "gotta have it" scale". ~Zig Ziglar

Anonymous · ‎05-23-2019

The advice that I received was to search top SBA lenders by your state. Here is a national list.

https://www.sba.gov/article/2017/oct/01/100-most-active-sba-7a-lenders

For my state the top lenders where some banks I might not have considered. Once you identify a few, email them and set up an informational meeting.

Also the franchise you are interested in will have a list of banks they work with.