Client owns his home worth $1.5mm with a mortgage of $100,000. He needs to get out of the SBA in order for my factoring program to come in. Subcontractor, doing about $130,000 monthly right now. Excellent credit, both he and his wife. I have several solutions on the personal side, but the problem is now that a business-purpose loan on an OO residence in NY is no longer possible as of 9/19/19. Or something like that, I don't know how SBAs work.

He needs a really $800,000 to buy out the SBA, net about $200,000 for working capital. The SBA lender refuses to subordinate.

He's been to his bank, and he qualifies, but he doesn't want to wait 2-3 months and do all of the paperwork he needs to do. He's just not a paper pusher, and it takes ages to get any docs out of him, but if he has a good program, he'll move properly.

Any recommendations of NY-licensed brokers who can do something creative would be helpful.