Carve-out SBA?

by a searcher from University of Pennsylvania - The Wharton School

6 months ago

I'm looking at a business that is being carved out of an existing business (they are selling the maintenance side but keeping the repair side). Can I get an SBA loan even if the P&Ls are not separate?

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professional

I have done a few QoEs recently on carve outs in order to get the bank more comfortable. Usually revenue is not too hard to parse out. Gross profit is a bit more difficult but becomes easier if the employees are separate. OpEx is usually the hardest but can still be done. Feel free to DM me if you'd like to talk about your specific deal.

6 months ago | like reply | 0 likes

lender from California State University, Sacramento - College of Business Administration

QOE will be required to confirm actual unit performance AND THEN estimate a fully loaded proforma income statement and balance sheet.

I wonder about how you’re going to prepare a non compete since the repair and maintenance work sounds really tied together??

6 months ago | like reply | 0 likes

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