Looking for Lender for small franchise deal where Sellers have owned for only 4 months

searcher profile

September 18, 2025

by a searcher in Ohio, USA

My partner and I have recently gotten a $575k deal for a tree franchise under LOI. The Sellers (the wife whom I went to high school with) have only owned the business for 4 months and are selling primarily because it is more work than they anticipated. They purchased it from the initial franchisee who began in 2020. My usual lenders have said they are not interested in the deal because of the short ownership of the Sellers. I am now looking for other lenders who may be interested in the deal. My partner and I have the usual info package for underwriting (PFS, projections, business plan, etc.) prepared and ready to be shared. Thanks!
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commentor profile
Reply by a lender
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA
It may be possible to get something done if they have very current financial information and you have the paperwork from the previous sellers and their tax returns. I would be happy to have a call and see if there is an option. You can reach me here or directly at redacted
commentor profile
Reply by an intermediary
from Arizona State University in Houston, TX, USA
Ryan, we have had a situation like this in the past. If you are able to access the financials from the previous owner you should be able to get a deal done. We have worked with American Momentum bank on deals like this and they have funded them.
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