Looking for Non-SBA Lender for Nail Salon in Texas

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April 24, 2026

by a searcher from University of Illinois at Urbana-Champaign in Chicago, IL, USA

I am looking for a non-SBA lender that is interested in the financing of a nail salon in a large Texas MSA. The buildout of the facility was started by a husband and wife who have been in the nail salon industry for 30+ years and own other nail salons in the area. During the buildout process, the husband passed away. The wife completed the buildout and opened the business on her own in July 2025, but is now looking to sell the business to retire and travel. The business has been operating successfully for ~9 months (annualized revenue and EBITDA of $3.3M and $1.0M, respectively), but the limited operating history could make this difficult for SBA financing. The Seller is asking $2M for the business and is prioritizing speed to close with an ideal closing at the end of May or early June 2026. The business has an attractive DSCR at a $2M purchase price and $1M of annualized EBITDA, and I am a strong buyer willing to sign a recourse note, if needed. Any recommendations you have are appreciated.
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Reply by a searcher
from Howard University in Frisco, TX, USA
Gulf Bank is local, Truliant is bigger but more ideal for SBA deals
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Reply by a professional
in Philippines
^redacted‌, given the strong cash flow profile, attractive DSCR, experienced operators, and meaningful equity cushion at the proposed purchase price, I believe this could fit the mandate of certain private credit and non-bank lending groups within my network. Happy to make introductions if there is still a financing need. You can also reach me directly at redacted
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