Just funded. $3M SBA 7(a) for a Southern California pest control acquisition.

Two real challenges on this one. First, the seller occupied the operating premises and the buyer had to relocate the business. Most advisors would have flagged that as a deal-killer. We pulled CRE comps for the service area, mapped vacancy rates by submarket, and modeled customer attrition risk. The relocation worked because the route economics held; most pest control revenue is recurring contract work and the customer relationship survives a move within the same service radius. Second was the financials. Cash basis books, normalization disputes between buyer and seller, and a valuation gap that took weeks to close. The QoE provider restated to accrual; we worked the addbacks with the underwriter line by line and got the deal to a DSCR the credit officer could approve without conditions. Funded April###-###-#### AWG Capital Advisory served as exclusive SBA debt advisor to the buyer. Buyer's legal counsel: @redacted‌