Self-Funded Equity/Preferred Investors
I'm a self-funded searcher working on a deal that after SBA, seller note and my equity contribution, will still have a $2-3M funding gap. I've heard self-funded searchers can typically raise a preferred instrument to fill this; I've heard it's usually 10% pref return with 20-30% common participation.
Appreciate any thoughts on this, and of course intros to investors who may be interested. Thank you!