Ok I have a big deal
We have a 3m EBITDA healthcare business. 14.2M purchase price. Looking for funding options. We have a soft commitment from SBA for $5m, conventional for $4m and seller finance of $5m. But seller wants to be be ballooned after 24 months of the EBITDA being maintained. Would rather try to find things from the beginning so not looking for refinance money as early as 24 months.
Also trying not to give up a ton of equity.
Thank you.
Karen