Non-SBA Loan for 80-90% LTV? BIPOC Loans?

by a searcher from Harvard University - Harvard Business School

1 year ago

Has anybody seen alternatives to the SBA for an 80-90% LTV loan? We are acquiring two companies with a combined EBITDA of $2m EBITDA with 90% recurring revenue and a 90% gross revenue retention. We are fine with PGs, but one of the sellers want to rollover equity which would make this SBA-ineligible.

Was also wondering if anybody has seen mezzanine debt specifically targeting BIPOC entrepreneurs?

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lender from Northwestern University - Kellogg School of Management

We could definitely be a partner for this. Email me at --@----.com if you want to set up a call

1 year ago | like reply | 0 likes

lender from Eastern Illinois University

We are a Commercial Loan Brokerage Shop with over 500 lending partners and we do a substantial amount of business acquisition finance. Unfortunately I do not know of anyone funding 80 to 90% LTC on a conventional basis. There may be some family offices / private investors willing to fund that much, but my guess is they are going to want some sort of equity interest. Equity roll-overs are not currently allowed by the SBA. So you would have to do a full buy-out. If you would like to discuss what that might look like, I would be more than happy to jump on a call. You can ping me here or at --@----.com

1 year ago | like reply | 0 likes

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