Laundromat Resource › Forums › Financing › Down Payment › Reply To: Down Payment

January 10, 2023 at 9:57 am #19030
Enea Rapo
Participant

    Hey Jason!
    Thank you for that reply, I do apreciate your answer!
    So if i understand correctly, if i would get a bank to get me an SBA loan over a Owner financing deal, you saying that they may only give me up to 10%, which i could use it for a down payment or anything for that matter?
    If thats the case why would that be the case ? why wouldn’t Sba give a higher percentage in this case?

    Thank You!