Is loanbud legit? Commercial SBA lender asking for wire.

[Ellie Narie]

I'm curious if this company is legit. They offer SBA financing for 100% (secured by business property), but they want an upfront wire of several thousand. They have their nmls numbers and everything. My real estate agent says they sound legit and their letter of commitment looks official. 

Should I be worried that they're asking for an upfront wire? Is this common in commercial/sba lending? 

[Charity Aslin]

Quote from @Ellie Narie:

Quote from @Charity Aslin:

Any updates on Loanbud? Did you end up using them? I'm checking them out too.

Update: I ended up using them and they turned out legit. 

 Thanks @Ellie Narie! I just closed a deal with them too and they were legit and great to work with!