Lenders?
April 30, 2024
by a searcher in London, UK
Hi everyone.
I’m structuring a deal for a US based e-com that has been trading for over 10 years, with revenue of $4.9m in the last twelve months and $480k in SDE.
Asking price is $1.6m
Since the business is pre-approved for MCA/Revenue Based Lending up to $500k I was thinking of leveraging such options as down payment with the aim to refinance the MCA loan and the remaining balance as a Term loan or similar to allow a healthy DSCR.
I’d be happy to discuss more with suitable NON-SBA lenders (Despite the business being Pre-Approved for SBA I can’t access it being a foreigner based in Europe)
Please do reach out on here or by email redacted
from University of Birmingham in Vauxhall, London, UK