Seeking Texas-based SBA lender for $5m 7(a) loan (under LOI)

November 21, 2024

by a searcher from Harvard University - Harvard Business School in Cambridge, MA, USA

Hey all,

I'm looking for a regional SBA lender who serves the Dallas area who might be a fit for the following deal under LOI:

Stock deal with seller equity rollover (<20%), some equity granted to employees, and a seller note
$2.1m EBITDA
Provider of subscription-based healthcare e-learning products to institutions
All employees are remote; Buyer is in Texas
Limited fixed assets
Buyer background is private equity with an MBA from a top 3 school

Please let me know if you know of an SBA lender who might be a good fit!

Thanks so much in advance!

Reply by a lender
from University of Southern California in Los Angeles, CA, USA

Would love to help you on this one. We are a SBA loan broker and I work with all the largest SBA lenders in this space. The bank pay us after your loan closes, so this is a 100% free service for you. On average, we save searchers 0.5% on their interest rate and close deals 30% faster. When lenders compete, you win! If you’re interested in learning more, feel free to reach out for an introductory call here: https://cal.com/ishan-jetley-3d73m8/30min or visit our website: https://gosbaloans.com/business-acquisition/

Reply by a lender
in Falmouth, MA, USA

Feel free to reach out. Depending on your industry, there could be multiple lenders interested in financing your deal. Regional banks might seem like a natural choice, but they aren’t always the best fit for acquisitions involving limited fixed assets. Let’s explore the options together.

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