$4mil + EBITDA Deal - Seeking Lender

by a professional from Hofstra University

3 months ago

Hi all - working on a deal under LOI and would appreciate any referrals or intros/suggestions for which lenders may be able to assist with conventional loan financing on the following:

Pool Construction business that does about $4.3M+ in adjusted EBITDA TTM-Mar24 and about $18.6M net revenue top line.
Looking to speak with lenders/alternative lenders for a conventional loan of about $13M and what the high level general terms and rates would be?
On a high level, the deal structure is as follows:
$19M Purchase price
15% Seller Note - $2.85M
20% Seller Rollover Equity - $3.8M
65% Bank Loan Financing (which is what we would need the conventional loan for less min downpayment) of about $13M if you include bank loan origination fees

Please DM me or comment below or email me at --@----.com  - thanks!

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3 comments

lender from Eastern Illinois University

We would love to take a look. We have financed numerous pool construction and service businesses over the years and know the industry well. We have over 500 funding partners we place debt with and can offer conventional and non-bank lending options for business acquisition. You can reach me here or directly at --@----.com

3 months ago | like reply | 0 likes

admin from Massachusetts Institute of Technology - MIT Sloan School of Management

^Searchfunder member‌ - please repost this as a Deal and I can tag it for you. Deal posts are easier to filter and are less likely to get buried.

3 months ago | like reply | 1 like

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