HOME HEALTHCARE / SELLER STANDBY AGREEMENT REQUIRED?
Hello fellow Searchfunders,
I am looking at a purchase in the home healthcare space. 4.5X EBIDTA multiple. Debt to equity will be at least 4:1, if not leaning towards more equity.
1. If anyone has any experience in home healthcare, I would love to chat - drop a message or comment.
2. My understanding is a Seller Standby Agreement would not be required by most lenders in such a situation? Is this correct? Has anyone seen otherwise?