E-2 Financing

by an intermediary from Duke University - The Fuqua School of Business

9 months ago

Hi All,

Does anyone have experience with financing options for E-2 visa holders(self funded search). My understanding is SBA loans are out of the question and traditional banks will only lend if you've been operating the business for 6M-2Y. I know seller notes would be the ideal scenario but realistically there will likely be a gap that needs to be bridged.

Curious about your thoughts and experiences with this.

0 likes
18 views
1 comment

lender from Eastern Illinois University

There are very few if any financing options available for a non-US citizen buyer for businesses. However, with SBA 7A lending, you can buy a business and be a participant as a non-US citizen so long as you own 49% or less of the company and 51% or more of the company is owned and controlled by US Citizens or greencard holders. This is probably the best way to get business acquisition financing done. Outside of this you are going to need significant equity into a deal and find a lender that can be comfortable on the deal alone, which means you likely would need a transaction fully secured by hard collateral.

8 months 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

6-7x for a Self-funded Search Deal?

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.