SBA & Independent Sponsor Deal at the same time?
Curious - have there been folks who've done both at the same time? I set out to do IS deals ($3mm+ EBITDA) but coming across interesting smaller opportunities better suited for SBA ($750k - $1.5mm EBITDA). Thinking of doing a smaller deal with SBA to start to extend runway and get more cash coming in while searching for larger deals. Thoughts on this? How would the SBA lenders view this? What about capital partners for IS deals down the road?