Private Debt Financing for Larger than SBA deals

searcher profile

August 01, 2024

by a searcher from Valdosta State University in Roswell, GA, USA

Hey everyone! Long time searcher first time poster. Catch my interview & story of our first acquisition on Will's podcast called "Acquiring Minds".

We have recently been introduced to an opportunity that requires financing above SBA limits. (Yes, I know this question has been asked before; before posting this I contacted most of the people that commented that they could possibly help with a solution.)

Our financing need would be in the range of $8-10m, this purchases ~$2.5m in EBITDA & ~$3m in combined collateral between FF&E/AR/Inventory. The target is a distribution company with notable competitive advantage and 5 years of significant growth.

It would be great to find someone through the platform but I did want to frame this post in a way that people could add value or we could discuss what feels like a gap in the acquisition funding marketplace. $10M seems to small for the big funds but too big for SBA. When was the last SBA limit adjustment? What are other people targeting businesses of this size doing creatively to get an opportunity of this size to the finish line?

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commentor profile
Reply by a professional
from University of Massachusetts Amherst in Boston, MA, USA
Hi Brett, I’d love to learn more about your needs! We assist ETA entrepreneurs in obtaining funding through expert LOI drafting, underwriting, and designing equity structures. Additionally, we connect you with our network of financial partners for both debt and equity solutions. Feel free to book a free 15-minute call with us to get started. If you have any questions, I'm here to help! https://calendly.com/fundingally_kris/funding-ally-introductory-call?month=###-###-####
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Reply by a professional
from Mississippi State University in San Diego, CA, USA
Thanks ^redacted‌ Depending on the industry, there may be a few firms in our network who'd be interested. Shoot me an email and let's explore options redacted
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