Asset Light E-Commerce Funding
We are under LOI on an e-commerce company doing $50m in sales and $6m in EBITDA. The business model is asset light and the company drop ships high-AOV household appliances. 100% US-based business. Does anyone have any suggestions or recommendations for cash flow lenders willing to lend into the space? SBICs, mezz and debt funds are welcome. We are looking for a $15m facility. Further add-ons are possible.
We have had negative experiences with loan brokers and would prefer to deal directly with our financing sources.
Thank you all!