So far, I’ve only talked to my main bank that I use for my business, which is U.S. Bank. We haven’t submitted anything yet, but it sounds like they’re not able to loan me as much as I want. They are capped at 70% of the cost of acquisition, which is a little less than I would want ideally.
If I go talk to two or three more banks, how likely are they to have different lending options? Does it vary quite a bit from bank to bank or am I going to be wasting my time and hearing the same thing?