check out bank prov - they do cash flow loans but the LTV is capped at 50%

I may be able to help. We've financed Saas and E-Commerce companies. Email me at [redacted] for more info.

Hi Jake, At Live Oak Bank we offer non-SBA loans for acquisitions, and we really like the SaaS business model, but anything with EBITDA below $1.75 million will require a PG. Please send me an e-mail at: [redacted] if you are interested in exploring the option.

I have not reached out yet, but heard a great interview with Stephen Speer from this lender: https://www.ecommercelending.com/

As you would've guessed via the name. They are clearly more open to online business lending (SaaS, absolutely included).

Recommend speaking w/ Brent Burgress at Concentric. [redacted] Good luck!

Why is it not SBA eligible? Is it typical that the SBA has trouble with SAAS businesses, or is there a quirk unique to this specific deal?

Look into revenue based financing. There are lenders who provide financing to SaaS companies up to 1.25x ARR. I believe it requires minimum ARR of $3M or so.

Yes. I've done this multiple times. [redacted]

^[redacted]‌ - In addition to the comments you receive here you can always find Searcher friendly lenders on Searchfunder under the Directory tab at the top of this page. Here is the direct link: www.searchfunder.com/user/list/lender. Most lenders on Searchfunder will be able to either help you directly or introduce you to someone who can.

You can also find more explicit matches by creating a private deal under the Deals tab at the top of this page and search for lenders and investors that explicitly match your deal characteristics. This is one of the oldest parts of Searchfunder and well overdue for a redesign, so feel free to PM if you need help. Here is the direct link: www.searchfunder.com/deal/mydeals.

Tagging a few lenders that might have missed this post. ^[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 contributors, THANK YOU in advance for making Searchfunder a collaborative community. We appreciate it! ^[redacted]‌).

Might be a bit small but feel free to reach out: [redacted]

Check with Elliot Smith. [redacted]

We like SaaS here at Live Oak Bank, and we have a conventional loan program as well as SBA. Send me an email if you'd like us to take a quick look at your deal: [redacted]

We do both cash flow-based and revenue-based financing. Would be curious to learn more about the opportunity. Please shoot me a note at [redacted] if you'd like us to take a look.