Business Acquisition Financing for Self-Funded Searchers

lender profile

October 07, 2022

by a lender from University of Wisconsin - Madison in Madison, WI, USA

Pioneer Capital Advisory LLC is dedicated to helping self-funded searchers with obtaining financing for business acquisitions.

In the last week, we have helped 2 searchers with obtaining financing for deals considered "airballs". Below is a high level synopsis of each:

Acquisition #1 - Southeastern USA
Searcher Profile: Working full-time, will run business in parallel with day job
Company Being Acquired: $4.1 million target

Financing PCA secured for the searcher:

SBA 7(a) Loan: $3,695,000

Prime + 2.15% fixed in 5 year increments

SBA Express LOC: $350,000

Prime + 2.15% fixed in 5 year increments

Acquisition #2: Texas-based target
Searcher Profile: Searcher that will run business full-time. Currently not working, fully committed to self-funded search
Company Being Acquired: $3 million target

Financing PCA secured for the searcher:

SBA 7(a) Loan: $2,586,000

Prime + 2.25% variable

SBA Express LOC: $125,000

Prime + 2.75% variable

If you're looking to buy a business and have a deal under LOI and want to ensure that you're obtaining the best financing option for your deal with the most favorable terms, lets connect:

https://calendly.com/d/dz8-9sb-4zx

Matthias Smith
Founder / Owner
Pioneer Capital Advisory LLC
Phone: ###-###-####
Email: redacted

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Replies
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commentor profile
Reply by a searcher
from University of Melbourne in Melbourne VIC, Australia
Hi Matthias, similar to Kristof, interested to hear what the DSCR was for those deals at the time.
commentor profile
Reply by an investor
from INSEAD in Budapest, Magyarország
Great deals, would be curious to know what the debt service coverage ratio is in each case.
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