Anybody aware of SBA-alternative lenders with non-recourse options?

by a searcher from Arizona State University

5 years ago

Have a deal in escrow and have had great luck with SBA lenders, but was curious if anybody was aware of options that are non-SBA (primarily for non-recourse), potentially more flexible repayment terms, etc.

We're aware this would come in exchange for higher interest rates, warrants, equity, etc. and are willing to consider these options.

Recently completed Q of E and slated to close Mid-October.

We are self-funded on the search and equity injection side and have a fair amount of personal liquidity.  

Deal size - 3.5M

TTM "SDE" - 1.36M

If you're aware of any alternative options, please let me know.

9 likes
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15 comments

searcher from Simon Fraser University

We have a few lenders that will work with companies in the $1M - $1.5M EBITDA range but they'll really only write if you're experienced.

5 years ago | like reply | 0 likes

searcher from Carnegie Mellon University

I'm working on find the same thing now and I believe I'm starting to get traction. It's taken me many months, however, to figure it out. These lenders are not lurking in this community, unfortunately.

5 years ago | like reply | 0 likes

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