Self-Funded Searchers: Looking at Main Street or LMM?

searcher profile

July 20, 2024

by a searcher from University of Tulsa in Kansas City, MO, USA

Interested to hear from self-funded searchers, are you looking for Main Street or LMM businesses? I am starting to get organized to begin searching, and looking at the economics, I can see why with the expected PG, there's a lot of common sense to "go big" (within the SBA 7(a) limit), when the loan will exceed your personal funds whether the loan is $750k or $3,5M.

For me, I'm more interested in the lower end, because my role is adjacent to an owner-operator in my W2, and I am very comfortable with stepping in for the operators and mechanics that report to me, whenever there's coverage issues in the manufacturing plant.

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commentor profile
Reply by a lender
from University of Missouri in Denver, CO, USA
Hey Josiah, let me know if you'd like to discuss SBA financing if you are serious about buying. Reach me here or at redacted
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