[Olderguy]

Specific SBA lenders who do business acquisition...

Here are some parameters for business acquisition from one of my lenders:

Assuming the deal debt services, can finance most CRE purchases at 100% LTV on 7a up to 5MM. They lend based on Prime, but can get aggressive on clean or competitive deals. Have found that a lot of customers will forego a lower rate in order to save on the injection. Rates are case by case, typically 1.0 - 1.5 over Prime, but can get as low as Prime minus 1.50 for the right deal/situation. Have risk-based pricing.

Can potentially lend 100% on business acquisitions if the buyer is in the same industry, i.e. one company buying a competitor. Otherwise, 90-95% is typical (subject to cash flow), and can get creative on seller notes, gift funds, and outside investors. Rates are generally 1.50 - 2.00 over Prime, lower on exception.

Max loan amount is 9MM on business acquisitions, including 5MM SBA and 4MM conventional. Have the ability to lend fully unsecured where necessary.

Closings are 45-60 days, and this lender's process is extremely efficient. Loans are typically approved within two weeks.

Ground up construction is fine, including TI's for lessees.

Loan amount minimum is 500k for acquisitions/refinance/construction...but he'll look at anything....and maybe do waiver.