Debt Financing For A $3.4M Ev Acquisition ($1M Ebitda)

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03/19/2021 Redacted Redacted

searcher Hillsdale College

DEBT FINANCING FOR A $3.4M EV ACQUISITION ($1M EBITDA)

I have an asset-light logistics business under LOI and I am looking for debt financing (non-SBA). Email me at [redacted] 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 185 views 8 comments

lender California State University, Sacramento - College of Business Administration - 03/19/2021

Hello from Lisa Forrest at Live Oak Bank. Our Sponsor Finance/Searchfund lending practice serves the entire spectrum on Sr. DEBT for searchfund from SBA-self-funded to CONVENTIONAL with and without PG. [redacted]

like reply | 2 likes

lender Virginia Polytechnic Institute and State University (Virginia Tech) - 03/19/2021

Hello from Columbia Bank. We serves the Pacific Northwest region. Let me know if I can be of assistance [redacted]

like reply | 2 likes

lender The University of Chicago - Booth School of Business Princeton University - 03/19/2021

Hi - I am managing a social impact debt fund called the Good Jobs Fund that offers $1-3M senior term loans. [redacted]

like reply | 1 like

intermediary Marquette University - 03/20/2021

If you want to know more about ^Lisa Forrest listen to her on this podcast https://gddpodcast.buzzsprout.com[redacted]lisa-forrest-with-live-oak-bank-discusses-financing-acquisitions-with-john. She does a fantastic job of going over the options for acquisition financing.

like reply | 0 likes

searcher University of Southern California University of Southern California - Marshall School of Business - 03/20/2021

^[redacted]‌ not a lender but if you have any questions about companies in the space, have spent most of my career in asset light logistics and 3pl companies.

like reply | 0 likes

lender Eastern Illinois University - 03/24/2021

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.

like reply | 0 likes

admin Massachusetts Institute of Technology - MIT Sloan School of Management Taylor University Stanford University - Graduate School of Business - 03/24/2021

^[redacted]‌ - In addition to the comments you receive here, you can always find Lenders on Searchfunder under the Directory tab at the top of this page. Here is the direct link: www.searchfunder.com/user/list/lender

Tagging a few additional lenders here that might be interested in connecting with you directly or can perhaps provide a referral:

^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]

‌To our Lender friends, THANK YOU for helping to make Searchfunder a collaborative community! You can improve your organic rank in the Searchfunder Directory by staying active and by having your Searchers review/endorse your profile. PM me with questions.

Be sure to take full advantage of your UNLIMITED access to BVR Deal Stats, now available under the VALUATIONS tab at the top of this screen. Here is the direct link:

www.searchfunder.com/bvr

With Best Wishes, ^[redacted]‌

like reply | 0 likes

lender Baruch College-The City University of New York - The Zicklin School of Business - 03/25/2021

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 [redacted]

like reply | 1 like

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