Lender required cash injection for a business with a $15 MM price tag
September 04, 2020
by an investor from New York University in St. Louis Metropolitan Area, USA
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.
from New York University in New York, NY, USA
from Fordham University in Fort Myers, FL, USA