The SBA requires eligible borrowers to possess reasonable personal liquidity; such as cash, marketable securities or cash value of life insurance to inject the minimum equity percentage into the financing package. SBA 7(a) loan requests to purchase a business or franchise, buy out a partner, start up or expand a business or to obtain working capital require between 5% - 25% cash injection depending on the amount requested and the bank entertaining the request.
Resources
https://mysbaloanpro.com - My SBA Loan Pro Podcast
https://youtube.com/@mysbapro - YouTube Channel
https://thinksba.com/faq - Frequently Asked Questions
https://mysba.pro/page - Google Business Page & Reviews
https://mysba.pro/cal - Schedule Call