DEBT WITH NO EQUITY

Hi Searchfunder Community - I am evaluating a proprietary deal with $2M EBITDA. Looking at a ~$6M purchase price.
Asset coverage: business has $3.5M of A/R+Inventory (all of it good) I am seeking lenders who would fund the entire deal without the requirement of significant equity investment where I and the existing CEO would end up with 90% of the business. Will roll fees.

Real opportunity to take the business to $4M EBITDA through either vertical acquisition or vertical organic expansion. Likely to require additional capital for both over first[redacted]months.

Be great to hear from all the lenders or suggestions from others on lenders or structure.

Many thanks!



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