What percentage of deals on SearchFunder receive funding?

May 24, 2024

by a searcher from Arizona State University in Franklin, TN, USA

I have found a company that I want to acquire and am looking to source equity for a portion of the deal. I have some family offices, angels, and high nets that I plan to speak with about the deal but I am very interested in sourcing capital from Search Funder. Can anyone share any insight on how common it is to get a deal funded for high quality deals?

Thanks in advance!

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Reply by a professional
from The University of Alabama in Birmingham, AL, USA

We’re focused solely on funding acquisitions with SBA loans. Friends, family, and seller notes are by far the most common. I’ve met dozens of folks (some from here) that put too much effort into “raising” equity only to find out they had plenty to make a deal happen from the start.

Several deals closed and in the pipeline with the buyer putting in less than 5% of project costs. Deal specific for sure,

sorry that doesn’t specifically answer your question on raising funds here.

Reply by a searcher
from University of Texas at Austin in Austin, TX, USA

I'm wrapping up a raise now. Needed to raise $750k, had a decent network, the Pursuant Capital list, and searchfunder to source equity. I used Mainshares for my docs and some added exposure. Ultimately, more than half of the equity commitments came via the Mainshares network despite heavy cold outreach. If it's a deal that's straightforward, 3-4x ebitda, and is able to get SBA term sheets you'll have no problem raising once under LOI.

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