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