Non-SBA Lending

by a searcher from Rice University - Jesse H. Jones Graduate School of Business

1 year ago

Hello,

Looking for suggestions on non-SBA lending at the $1M mark. Company doing $1M in revenue and around $400k in EBITDA. Already rolled $130k into the deal and $150k in seller financing for the $1.3M price point.

Let me know if there are any suggestions here.

0 likes
78 views
4 comments

searcher from Biola University

In my case, wife doesn’t want primary residence included in PG so difficult to go SBA route.

10 months ago | like reply | 0 likes

searcher from Harvard University - Harvard Business School

Curious why you wouldn’t go the SBA route? Interest rate? PG? Is the EBITDA indicative of cash flow? You may be able to get out of debt in a few years. I’d talk to regional/local credit unions and see if you can get a deal through them.

1 year ago | like reply | 0 likes

More on Searchfunder

Just Closed on My First Deal! Reflections and Takeaways for other Searchers

45,152 transactions are available on Searchfunder (now searchable by keyword)

Now everyone has unlimited IBISWorld access

Family office looking for traditional searchers

2 Best Ways To Find Motivated Sellers, Off-Market Deals

Investor seeking Self-Funded Search Deals

6-7x for a Self-funded Search Deal?

Thought piece: Proprietary sourcing methods that delivered 2 acquisitions

Searchfunder is an online community and toolkit for searchfunds. Over 80% of those involved in searchfunds maintain a Searchfunder.com account to help them network, problem solve challenges, and keep up with the industry.

We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.