Looking for SBA lender recommendation & referrals

searcher profile

March 23, 2021

by a searcher from University of Pennsylvania - The Wharton School in New York, NY, USA

We are looking to sell our business, which currently offers virtual team building events (primarily via Zoom), after 4+ years of offering in person team events. Our revenue totals are stable from###-###-#### ($550-600k/year). With the pivot to virtual events in March 2020, our profit margins have significantly increased due to a simpler operating structure.

Many prospective buyers thus far require an SBA loan, and we've begun to engage with lenders to get a loan estimate and/or pre-qualification for our business.

Does anyone know of any lenders that would be a good fit for this profile:
- $1.4M asking price
- Current business line: virtual team events, with a profitable in-person product line dormant and available to the new owner
- San Francisco based business
- Willing to finance a deal with a significant business change ~12 months ago, and improved financials during the pandemic

Beyond that, if anyone is aware of any other approaches we can take to finance a deal for non-cash buyers, please do share. Thanks!

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commentor profile
Reply by a lender
from Sam Houston State University in 5324 Community Dr, Houston, TX 77005, USA
I’d be happy to discuss SBA with you. We are a non-bank lender focused on getting your project done quickly###-###-#### . redacted
commentor profile
Reply by a lender
from The University of Michigan in District of Columbia, USA
Happy to be a resource as we offer both SBA and non-SBA lending options. Feel free to email me at redacted
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