SBA and Conventional Lending
With the growing number of lenders entering (or dipping their toe) into advisor niche lending, it has become difficult for advisors to stay updated on the evolving lender and loan options, and decipher which of those options are the most ideal for them.
Complicating an advisor’s selection of SBA and conventional lending and lender options, is with each, there is a different set of qualifying criteria, exception policies, processes, rates and terms, down payment and collateral requirements, allowable acquisition deal structures, ongoing covenant requirements, pre-payment penalties, business valuation requirements, underwriting guidelines, guarantor and lien requirements…just to give the short list.
Many lenders in the advisor lending space also have varying minimums for loan size, AUM, and/or revenue minimums for the borrowing advisor. Some want to be true lending partners and willing to finance multiple acquisitions, while others are more conservative about doing multiple loans over the same year.
The advisor lending white noise makes it difficult for advisors to know where to even start. Consider starting your loan due diligence process with calling AdvisorLoans.
We’re experienced pros with a finger on the pulse of the evolving lending landscape. Our expertise is cultivated from being in the advisor lending trenches every day, day after day, year after year.
Tell us about your lending need and situation and we can quickly share the lending solutions available. We’ll tell you if a conventional loan or a SBA backed loan, or a combination of the two, could be most ideal for your situation.
We’ll share the current rates and terms, but can also assist in making sure your acquisition deal structure is compliant for the loan program you need. We can point out potential red flags, special conditions, associated nuances that may need to be navigated, and possible workaround structures to qualifying obstacles based on your unique set of circumstances.
If a SBA backed loan is what you’re looking for or need, we invite you to benefit from our experience and expertise in SBA lending to advisors.
We utilize key SBA lenders that know this space and have dedicated resources to AdvisorLoans borrowers. Our expertise in helping advisors with acquisition financing structures and navigating the SBA lending process has made us a national leader in our niche.
- AdvisorLoans SBA volume ranks #2 behind Live Oak Bank, in SBA 7a loans to financial/investment advisors over the last 5 years, and for each of the last four (2016, 2017, 2018, 2019).
- While AdvisorLoans is #2 in SBA lending dollars to advisors over the last 5 years, we have funded more than 3 times the #3 ranked lender (Wells Fargo) for advisor SBA lending over this period.
- Of the 217 SBA lenders that approved a SBA 7a loan for a financial/investment advisor over the last 5 years, only 2 surpassed 100 loans. AdvisorLoans had 108 SBA loan approvals for advisors over this period.
- In 2019, of the 62 SBA lenders that approved a SBA 7a loan to financial/investment advisors, only 3 SBA lenders approved 10 loans or more. AdvisorLoans had 40 SBA loan approvals in 2019.
AdvisorLoans provides advisors with a free loan agent and guide, that knows how to get advisor loan deals approved, processed and funded.
Are you an advisor that needs a business loan or needs to talk through external financing strategies for acquisitions or successor/partner buyouts? Have a challenging situation or have been turned down by another lender? Call me personally at 970.646.1100 and let’s discuss your options.
Small Business Lending
AdvisorLoans is not a law, tax, or accounting firm. AdvisorLoans does not provide legal or tax advice. Legal or tax issues should be reviewed by legal or tax professionals to ensure the correct application of law and regulation to the specific facts of the situation and transaction.