Portuguese banks don't finance leveraged buyouts?
April 29, 2024
by a searcher from Belarussian State Economic University in Лиссабон, Португалия
Dear colleagues,
I did some research and couldn't find out that there is an equivalent of the US SBA program in Portugal (it helps to finance buyouts of existing businesses by private entrepreneurs with more favorable terms or more flexible underwriting criteria than conventional loans).
I'm afraid there are no such analogs, but I would still like to clarify this point with more experienced professionals like you. If I'm wrong, please tell me,
- In which banks (or other institutions) and on what conditions could they be provided?
- Have there been any cases of buying out a business with the help of bank loans in your practice?
Any thoughts and ideas you have on this topic would be greatly appreciated.
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from ESCP Europe in Lisboa, Portugal
from Massachusetts Institute of Technology in Portland, OR, USA