Debt financing for a $3.4M EV acquisition ($1M EBITDA)

by a searcher from Hillsdale College

3 years ago

I have an asset-light logistics business under LOI and I am looking for debt financing (non-SBA). Email me at --@----.com  if interested in learning more. Even if this one is not the right fit, I'm trying to build my network of lenders who would consider investments at this scale, and would love to get to know you. 

I'm not looking for loan brokers -- only direct lenders (banks, funds, or family offices). 


Assets: $1.5M AR (no fixed assets to speak of)
Revenue: $13.8M in 2020
EBITDA: $1.07M in 2020
Acquisition price: $3.2M + 15% equity roll-over for sellers

3 likes
270 views
7 comments

lender from Baruch College-The City University of New York - The Zicklin School of Business

Hey Jonathan - I'm with a family office that would take a look at a deal like this (non-SBA debt for deals with >$1MM of EBITDA). Feel free to reach me at --@----.com

3 years ago | like reply | 1 like

lender from Eastern Illinois University

We have over 350 funding partners we place debt with. It is about finding the right lender in the market that is willing to take the risk without hard collateral on a conventional loan. I would be more than happy to walk through options.

3 years ago | like reply | 0 likes

More on Searchfunder

Just Closed on My First Deal! Reflections and Takeaways for other Searchers

45,152 transactions are available on Searchfunder (now searchable by keyword)

Now everyone has unlimited IBISWorld access

Family office looking for traditional searchers

Self Funded Acquisition: A few Things I Learned

Examples of self-funded searcher websites

2 Best Ways To Find Motivated Sellers, Off-Market Deals

Investor seeking Self-Funded Search Deals

Searchfunder is an online community and toolkit for searchfunds. Over 80% of those involved in searchfunds maintain a Searchfunder.com account to help them network, problem solve challenges, and keep up with the industry.

We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.