Are most searchers here using SBA loans to complete their deals?

searcher profile

April 29, 2023

by a searcher in Salt Lake City, UT, USA

I was very active here before completing my first transaction. At the time, I felt like an outsider as a self-funded searcher whose plan was to use SBA funds to complete my transaction. Are there very many people here who still raise an actual search fund and then acquire large, multi-million dollar companies?

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commentor profile
Reply by an investor
from University of Missouri in Austin, TX, USA
People are still certainly doing it both ways (traditional and self-funded) as well as with and without SBA loans. For larger deals it is also common to use bank debt vs. SBA which can provide a much larger quantum, no PG, but of course often comes with a variety of other restrictions.

Unfortunately, I do not have stats for you, but hopefully that is helpful!
commentor profile
Reply by a lender
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA
From the conversations I am having with potential borrowers I would say it is pretty close to a mix of 50/50 SBA to conventional debt. But that is just my direct experience. If you need help on the SBA side, please feel free to reach out to me at any time at redacted
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