Debt financing for small self-funded deal in Canada

searcher profile

September 10, 2021

by a searcher in Toronto, ON, Canada

What debt financing options are there for a self-funded search in Canada, who is looking at lower lower middle market deals (<$500k SDE, <$1.5MM purchase price)?

I have spoken to some of the big 5 and it seems like this deal size is too small for their commercial lending arms, while their small business banking operations are focused more on asset-based lending. Would appreciate some pointers.

0
4
89
Replies
4
commentor profile
Reply by a searcher
from INSEAD in Toronto, ON, Canada
Were you able to get more info on this? I know it’s been some time but just wondering.
commentor profile
Reply by a searcher
from The University of North Carolina at Chapel Hill in Toronto, ON, Canada
Basically BDC, loans below $3M is their sweet spot
commentor profile
+2 more replies.
Join the discussion