LOOKING FOR CONVENTIONAL LENDER TO BUYOUT SBA 7A
I'm an active investor in a behavioral healthcare business in the PNW. The business has a 2.5 year old SBA 7A loan with a balance of about $1.9MM. Business did $1.2MM of EBITDA in[redacted]I'd like to refinance the loan with a conventional product and curious what is out there. We are sensitive to prepayment penalties and also need the covenants to be friendly in terms of either distribution or CapEx investment. Thanks in advance!