SELF-FUNDED SEARCHER

profile

July 26, 2018

by a searcher from College of William and Mary in Charlotte, NC, USA

36
10
439
Replies
10
commentor profile
Reply by a searcher
from University of Pennsylvania in Miami, FL, USA
aaaahhhh......peeling back the layers of the onion!!
For the benefit of the searchfunder community and your results , the more information you can provide the better. The deal sounds so appealing in your write-up, and I would hate to spend the time sending investors your way if there was no chance of them doing the deal for those types of reasons (no assets, offshore, etc.).
I would recommend DEBTMAVEN.com - a platform for lenders/borrowers. I think they have a database of 500+ lenders. It will be cheaper and more time effective. Hit them all at once.
commentor profile
Reply by a searcher
from University of Pennsylvania in Miami, FL, USA
1) 25% mezz return is rich. if the asset is good, you should be able to lever up 3.5x (maybe 4x) total using 2x senior (@6%) and 1.5-2x mezz (@ 18-20% all-in). blended ~12-14%...or do a straight unitranche structure.

2) lenders - there are hundreds of lenders who would be interested in this deal. Have you reached out to them. you can find lists in various places online. The SBIC website is a great place to start.
commentor profile
+8 more replies.
Join the discussion