3 Deals Approved This Week for Self-Funded Searchers at PCA
October 26, 2022
by a lender from University of Wisconsin - Madison in Madison, WI, USA
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 redacted I would love to help with getting your deal approved!
Cheers,
Matthias Smith
Founder / Owner
Pioneer Capital Advisory LLC
Phone: ###-###-####
Email: redacted
from Texas A&M University in Dallas, TX, USA
from Northwestern University in Chicago, IL, USA