LENDER REQUIRED CASH INJECTION FOR A BUSINESS WITH A $15 MM PRICE TAG
I want to buy a contractor in the U.S. EBITDA is a little over $5 MM. Price is $15 MM. Seller is willing to finance part of the price (depending on what a lender would require). How big a cash injection would a bank typically require? SBA is not an option and there are not a lot of hard assets so this would have to be a cash flow loan.