Looking for conventional (non-SBA) lenders for a small business acquisition
Self-funded searcher with committed equity, under way on an acquisition in the services space. I'm gathering options for conventional acquisition term debt as an alternative to SBA 7(a).
I'd like to hear from:
Banks, credit unions, or non-bank lenders doing conventional acquisition loans in the sub $5M range.
Anyone who has recently closed a services acquisition with conventional debt — which lender, and what did LTV, amortization, and the equity requirement actually come out to?
DM me and I can share specifics under NDA with interested lenders.