Looking for an SBA lender who can be flexible for high-growth deal

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by a searcher from Harvard University - Harvard Business School
in Colorado Springs, CO, USA

3yrs ago

Looking for an SBA lender who can be flexible for high-growth deal

Hello,

I am looking for an SBA lender who is willing to be flexible when underwriting a higher growth deal with contractual revenueredactedebitda can cover ~1.25 of the debt service I'd like to put on the business, but 2023 will be closer toredactedRevenue is contractual and there is high visibility into 2023 revenue figures (contracts for the year should be locked in before the close date). I would also like to do a seller note with a balloon payment to help with cash flow in the first several years post close, but need a lender who would take this into account (vs fully amortizing the seller note).

If any SBA lenders have experience with this type of deal I'd love to talk tomorrow or early next week. I plan to submit an LOI by second half of next week.

Thanks,
Justin

1 Like

162 Views

reply by an intermediary 3yrs ago
from University of Florida in Orlando, FL, USA

Kenny Proske is one of the most created lending brokers I have worked with over the years. He takes the deal to non-traditional lenders as well as SBA. redacted redactedGood luck with it!

reply by a lender 3yrs ago
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA

We are a Commercial Loan Brokerage Shop with over 500 unique lending partners and over 50 SBA lending partners we work with. We can present many options. If you are interesting in having a discussion you can reach me here or directly at redacted Thank you and good luck.