I own an ecommerce business generating $1.5 million in EBITDA and have excellent credit. I currently have an SBA loan. I would like to acquire a second ecommerce business the same size or larger.

Are there any U.S. lenders that offer non-SBA expansion loans for 100% of the purchase price? How would I calculate the maximum loan amount I would qualify for? Let's say I find a business that generates EBITDA of $3 million. Would a lender provide an expansion loan for that or would they want the acquisition to be smaller than the current business?