Senior Lenders in Southeastern US
May 06, 2026
by a searcher from University of Waterloo in Toronto, ON, Canada
Hi all,
Looking for recommendations on senior lenders for an active deal. Specifically focused on:
Near-term need: Revolving line of credit at close (working capital facility to support AR / inventory purchasing)
Down the road: Potential term debt for tuck-in M&A and growth capex
Deal profile:
US-based target, headquartered in the Southeast
Specialty manufacturing / project-based services business
EBITDA in the $2-5M range
Mix of reoccurring base business plus some project revenue
Asset-light with solid FCF conversion
Sponsor: Independent sponsor with institutional PE background; junior capital and equity partner already lined up (fully committed capital in place to consummate the platform transaction)
What I'm looking for:
Banks
IS-friendly partners - no fund-level guarantee required
Comfort with project-based revenue and working capital swings
Ability to scale with the platform as we execute tuck-ins
Particularly interested in lenders who understand the IS model and have flexibility for deals where cash flow is solid but the absolute leverage quantum is modest.
Thanks in advance!