Non-SBA financing for a two-store UPS Store acquisition (green card holder)
Hi all,
UPS Store franchises aren’t a typical searcher acquisition, but I’m evaluating two stores with a combined SDE of about $600K and would welcome the community’s input on financing.
As a green card holder, I’m no longer eligible for SBA 7(a) or 504 loans under the SBA rule, so I’m looking for other ways to finance the deal. Because UPS Stores have few hard assets, conventional lenders have been reluctant. If you know of lenders who do cash-flow loans for franchise acquisitions like this, I’d really appreciate an introduction.