How do banks view Syndication setups?

[Michael Ablan]

Hey everyone,

I'm finally biting the bullet and doing a syndication-esk arrangement in Watertown, NY.   I've always been in the mindset of "do it yourself", but am switching into an abundance mindset that involves bringing more people along with me on my journey towards financial freedom and prosperity. 

My question is,....

How do commercial underwriters view liquid funds that are being supplied by LP, rather than GP?

We have plenty enough experience and net worth equity as the GP's, but our liquid equity isn't at the 20-25% mark. 

Does this matter?   Is there anything we should do before we officially bring our deal to the bank?  Should we just consult an experienced attorney?

Thanks for any tips/tricks/help!

[Taylor L.]

They'll be used to seeing syndicated deals. You'll need to meet their specific net worth and liquidity requirements. If your current team does not meet said requirements, there are folks out there who specialize in helping sponsor deals by providing net worth & liquidity to qualify for loans. You can always talk with your prospective lenders and discuss requirements, your team, and their thoughts.