SBA 7(a) Loan Program

SBA Funding Depot was a critical part in obtaining and closing our SBA loan to purchase a Super 8 Hotel in Manning, S.C. As inexperienced hotel buyers, we needed expert guidance in negotiating with banks for an SBA loan. We had very limited time to close according to our contract and SBA Funding Depot was very quick and retrieved multiple commitment letters from banks. Gabe and Emanuel were able to negotiate a lower rate and kept up the pressure on the lending bank for a faster closing. They were also essential in talking with the seller and escrow company to safeguard our interest. SBA Funding Depot gave us confidence when talking and negotiating with banks, lawyers and the seller and this ultimately saved us money and we believe ensures our success.

We recently had SBA Funding Depot assist us in financing an acquisition where we were the advisor. After a prolonged search for financing, we called SBA Funding Depot. They were able to quickly connect us with a bank who was able to be more aggressive with their lending. SBA Funding Depot provided continuous communication to keep us updated as the loan was processed. Along with the updates, the SBA Funding Depot team provided flawless deliverables to help support a smooth process. We welcome an opportunity to work with SBA Funding Depot in the future.

“This was the first time in my 30 years in hotel brokerage that I had a transaction which involved SBA Funding. What a pleasure to work with them. Even with the hiccups that come with every loan closing, SBA Funding was there to make sure we got it done. I hope to work with SBA Funding again soon.”

“My experience with the partners at SBA Funding Depot was phenomenal. It is refreshing to work with referral partners that are experts in SBA financing. They provide creditworthy loan requests and ensure that all Borrower documentation required is received in an expedited manner. My first loan referral from SBA Funding Depot was a $4.4MM hotel acquisition which faced many unforeseen challenges outside of our control throughout the closing process, but they were readily available to provide much-needed assistance in overcoming each obstacle. SBA Funding depot is a valuable asset and trusted referral source for my SBA loan transactions.”