Alternative Sources of Debt / foreign entity
I have a potential deal in the Revenue Cycle Management space, which I can't close with traditional sources of debt (SBA, SBIC) because of a 50% customer concentration (mitigated by seller retaining 50% ownership) and having a foreign entity booking most of the profit. I own another company in this space, and I am looking for $2M of debt (I have the equity). Has anyone had success with regional banks or other credit sources for deals like this?