WHAT INTEREST RATE SHOULD I EXPECT FROM PE?
I am getting closer to a potential acquisition but am considering securing PE funds for equity injection. I realize there are many variables when determining interest rate but this is a manufacturing company founded 35 years ago with margins just over 40%. Around $1M in annual revenue. Any additional info you all would need to give me a better idea of rate I could expect from PE firm?
Additionally, is it typical (or accepted) by lenders to have a debt structure with a Sellers Note, PE funds, and the bank's funds? I realize bank will be paid first.
Thanks in advance,