Looking for conventional lender to buyout SBA 7A

by an investor from The University of Arizona - Eller College of Management

3 years ago

Hey All,

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###-###-#### 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!

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19 comments

searcher from The University of Michigan - Stephen M. Ross School of Business

^Searchfunder member‌ how did this turn out?

1 year ago | like reply | 0 likes

lender from California State University, Sacramento - College of Business Administration

Thanks, Luke. I actually have already chatted with ROB. :) So we have Live Oak Bank covered.

3 years ago | like reply | 2 likes

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