Peter Lohmann's Podcast SBA Loans for Property Managers: What You Need to Know with Jordan Coleman
Nov 13, 2025
In this engaging discussion, Jordan Coleman, a Loan Officer at Live Oak Bank, sheds light on the intricacies of SBA loans for property managers. He shares how these loans can provide 100% financing for acquisitions and reveals the crucial factors lenders consider when evaluating buyers and sellers. Jordan also highlights the importance of clawback clauses to mitigate risks and offers practical insights on refinancing seller notes. With a deep understanding of the market, he emphasizes the significance of building relationships with lenders early on.
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Qualify Your Lender First
- Do homework before you approach a bank for an SBA loan and ask targeted questions.
- Confirm lender SBA experience, equity and collateral requirements, and servicing process up front.
Industry-Focused Lending Works
- Live Oak Bank focuses on industry teams instead of geography to better serve specific business types.
- Industry specialization helps lenders understand metrics like door count and regional rent differences.
Pick The Right SBA Product
- Use Live Oak Express for loans under $350k and SBA 7(a) for larger needs over $350k.
- Expect faster closings for small loans and 25-year terms for eligible commercial real estate purchases.