Pioneer Capital Advisory LLC, a boutique commercial loan brokerage firm based in Madison, Wisconsin, has helped 2 entrepreneurs with obtaining approval on 3 acquisitions this week.
Below is a synopsis of each approval:
Business Acquisition (Arizona) - Client A
Facility A: $1.5 million SBA 7(a) loan
➡️ Acquisition loan
➡️ 90% bank financing
➡️ 5% seller full standby note
➡️ 5% buyer cash
Facility B: $150K SBA Express Line of Credit
Business Acquisitions in (California) - Client B
Facility A:
➡️ $2.43 million (including ~ $225k of cash to the balance sheet)
➡️ 89% bank financing
➡️ 5.5% seller full standby note
➡️ 5.5% buyer equity
Facility B:
➡️ $180k (including ~ $24k of cash to the balance sheet)
➡️ 90% bank financing
➡️ 10% buyer equity
If you are looking to buy a business as a self-funded searcher, please reach out to me via email at --@----.com I would love to help with getting your deal approved!
Cheers,
Matthias Smith
Founder / Owner
Pioneer Capital Advisory LLC
Phone: ###-###-####
Email: --@----.com
3 Deals Approved This Week for Self-Funded Searchers at PCA
by a lender from University of Wisconsin - Madison
More on Searchfunder
Searchfunder is an online community and toolkit for searchfunds. Over 80% of those involved in searchfunds maintain a Searchfunder.com account to help them network, problem solve challenges, and keep up with the industry.
We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
178 views
24 comments
Sign in to see all replies.
Create an account.