I’m currently in discussions to acquire a small trucking company with 7 trucks, but I’ve run into a financing challenge. Because the business is less than two years old, it doesn’t qualify for an SBA loan. I need approximately $350K to complete the purchase. Several lenders suggested equipment financing, but most have said I don’t qualify since I don’t yet own the business. I’ve explored personal loans as well, but the approval amounts are far below what I need. Has anyone used creative or alternative financing to secure this level of capital for an acquisition? Open to any ideas or lenders who may specialize in situations like this.