Short term capital/bridge funding

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by a searcher from University of San Francisco
in San Francisco, CA, USA

6yrs ago

Short term capital/bridge funding

Finalizing an LOI with sellers to purchase a very healthy retail business( approx. 22% ebitda on top-line) in a small, but strong community.

Due to the Covid-19 crisis among other issues my partner has decided to pull out of the deal.

I have been pre-approved for an SBA loan and am committing 25% of the down payment personally- does anyone have any recommendations on short term lending/funding? Looking for $150,000

*Purchase does not include real estate.

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reply by an admin 6yrs ago
from Massachusetts Institute of Technology in New York, NY, USA

Anonymous - You should consider creating a deal for yourself on the myDeal page to match with lenders. Many are non-traditional and would be a great place to start. You can find MyDeals under the main menu. Here is the direct link: redacted

reply by a searcher 6yrs ago
from Carleton University in Calgary, AB, Canada

I may know some investors who would have interest in this type of situation (either equity or bridge, or a combination). Feel free to email me: redacted