All Forum Posts by: Dan Wallace

Hey Mike

With what you are proposing you could get 90% financing on both the real estate, build out and equipment through the SBA programs. Since you have existing operations there may be ways to structure the deal very creatively to limit your cash injection. 

I have done SBA lending across the US and have worked with restaurant operators including a micro brewery restaurant where there was a bunch of equipment worked into the transaction.

PM me if I can help.

Thanks, Dan

Hey Devonte,

I am new to this forum. SBA and commercial lending is what I have done for several years. To answer some of your questions the SBA publishes quite a bit of information regarding their programs on their web site. The SBA's primary program is the 7a but there is also the 504. One very important thing to remember is that the SBA guarantees loans and does not make them directly. You still need to have a participating lender make the loan. This means you still have to qualify to a given bank's credit underwriting standards.

Check out the SBA's web site and if you can't find what you need feel free to contact me.