ISO SBA lender familiar with Searcher deals & asset purchases

searcher profile

April 04, 2025

by a searcher from Swarthmore College in Greensboro, NC, USA

Hey all -
I'm lucky to have two deals under LOI at the moment. Now I need to raise some capital! I'd like to start with the SBA. My local lenders are not familiar with ETA / self-funded searchers and seem to prefer equity transactions. I'm working on asset purchases and need to chat with a banker experienced supported the ETA community. Any recommendations and/or introductions would be greatly appreciated. My email is redacted Searching!

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commentor profile
Reply by a lender
from University of Michigan in Indianapolis, IN, USA
Hi Cristian. Virtually all the top 20 SBA lenders (by average loan size) are active in this space. Some start to choke above $2MM, some go to $5MM, a handful go to $7 or $8MM (but increasingly fewer lenders doing seven figure pari-passu). It would stand to reason that most SBA lenders active on SEARCHFUNDER would be interested in your deal(s) depending on your attributes, structure of cap table, credit attributes of target company....... redacted
commentor profile
Reply by a lender
from University of Miami in New York, NY, USA
We would be happy to speak if there is some real estate aspect attached to your deals! Happy to be the first lien holder on property and you can use that cash for purchases! Please let me know if this applies and you would like to discuss more. redacted
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