Alternative Debt Financing - Deal Range 1-5M

by a searcher

2 years ago

Hello

I found a company off-market.

It's a great company (operationally) & i think there is a lot of long-term potential for growth.

The only issue is the owner never reports a profit on his P&Ls but has a list of add-backs that amount to 600-700K worth of add backs.

Is there any possible way this can qualify for  SBA 7  loan? If not, is there any other type of debt financing that can be used to acquire the company?

Thanks

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lender from Brown University

Hi, I'd love to learn more about this opportunity. $1-5M is right in our sweet spot and I would think we may be able to help. Please feel free to send me a note at - --@----.com

2 years ago | like reply | 0 likes

searcher from New York University - Leonard N. Stern School of Business

Getting an SBA loan will be challenging given the lack of profit on the financial statements especially if you are looking for maximum debt. You should discuss with the seller his interest in seller financing. After a year you can show the bank the real numbers and look to get normal financing and refi out the seller

2 years ago | like reply | 0 likes

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