Looking for NON SBA debt capital for a deal

searcher profile

February 21, 2025

by a searcher in Philadelphia, PA, USA

I own a platform company in the pest control space and am looking to find a small loan to acquire a local competitor. I took a majority stake in the platform last year but the seller retained a decent equity portion and continues to run the day to day operations. The purchase was a stock purchase so our EIN number didn't change either. The loan size is around 350k and must not be SBA. If this is something anyone here can help with, either because they are a lender or know one who can pull off this kind of deal please let me know.

Thanks

0
3
80
Replies
3
commentor profile
Reply by a lender
from California State University, Sacramento in Seattle, WA, USA
For this size loan you might have a hard time finding a non SBA conventional lender. For this side maybe think equity and seller note. Or equity seller note and earnout.
commentor profile
Reply by a searcher
from INSEAD in Kirkland, WA, USA
Send ^redacted‌ a note. He’d probably be able to think through options with you.
commentor profile
+1 more reply.
Join the discussion