AmiSight 5/21: The Cost of Rushed Financing Decisions

One of the biggest mistakes borrowers make is putting themselves in a position where they have to rush financing decisions. I recently spoke with a prospective client seeking about $1.6M for real estate and another $400K for construction for a startup business. An SBA loan could be a strong fit, but because it’s a startup with real estate involved, the process could realistically take 90–120 days, especially if environmental reports are required.

They told me they may pursue faster financing for the real estate because they don’t want to wait that long. I understand the instinct, but rushing into financing can create unintended consequences later — higher costs, restrictive terms, refinancing challenges, and unnecessary pressure on cash flow. In my experience, the best financing outcomes happen when borrowers plan early enough to preserve flexibility and avoid making decisions under pressure.

We’d love your feedback! This quick form only takes about 15 seconds to complete and helps us create more content and events you actually want to see. Fill it out here!