We have an LOI from a buyer in South Africa for a freight forwarding company in New Jersey (Revenue - $8.7mm, SDE - $750k+, EBITDA - $600k+, Listed at $2.25mm). The buyer is looking for sources of financing in the US to limit any FX impact. The buyer does not qualify for an SBA program as there is no green card.

The buyer has several businesses in South Africa, including one in a similar industry. The target company would allow him to tap into the US market using a Delaware-based acquiring entity.

Does anyone have any experience arranging funding sources for such an international buyer? I am happy to share the CIM, post an NDA, if it helps.

Thanks,
Vipin