Working on a $9,600,000 healthcare deal in NYC

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September 02, 2025

by a searcher from Northeastern University in New York, NY, USA

I have a deal under LOI and I want to do this deal pari passu. My previous SBA lender said this deal extends past the SBA limits. DM or comment to discuss.
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Reply by a searcher
from University of Washington in Manhattan, New York, NY, USA
You might run it by Cerebro Capital to find an SBIC or other creative lender
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Reply by a professional
from New York University in New York, NY, USA
It all depends on the personal balance sheets of those who are guaranteeing the loan. I don't recall if the SBA changed the guidelines on investor % threshold to become a guarantor. Unless of course you can provide the cash/equity to cover the delta between bank and seller financing. I agree with Steven above that trying to find an SBIC is worthwhile. I assume the $9.6M is 5-6x of SDE/EBITDA so private credit might not be an option because the deal is too small, but don't let me deter you from knocking on a few doors.
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