Banks offering non-ABL revolvers

Member resources:

Frequent asked questions:

What is Searchfunder.com?

Searchfunder.com is an online community of searchers, investors, lenders, brokers and other professionals. Over 80% of those involved in searchfunds maintain a Searchfunder account to help them network, hire, and mentor others.

What are the benefits of membership?

In addition to accessing the most active online network of business buyers, Searchfunder licenses research that is simply not cost effective for individuals. Access over 15,000 industry reports and 50,000 transaction financials. You also get monthly credits for contact information for your company sourcing campaign with the option to purchase more at drastically discounted rates. Searchfunder has pre-purchased access from these data providers in order to empower individual buyers and to help searchers level the playing field versus private equity.

Do you have deals?

While we are primarily a buy-side network, we do have hundreds of brokers that regularly post deals to the community.

Can I find an internship on Searchfunder?

Absolutely! We have the industry's largest intern job board. If you are considering a search, the first step is to help another business buyer so you can hit the ground running.

What does it cost?

Searchfunder is a subscription service. We offer flexible monthly, annual and lifetime memberships.

Monthly

$79 / month

Annual

$19 / month

Lifetime

$432 / once

Those who maintain an account with us for over 4 continuous years are permanently added to the community without the need for a membership.

Do I need an MBA to join?

While a large number of our members come from dedicated programs at Harvard Business School, Stanford GSB, Chicago Booth, and other top programs, searching is no longer reserved for the elite. With the current abundance of dry powder in private equity, and an increasing number of business owners reaching retirement age, good deals rarely go unfunded.

Post a question, deal, job, etc...

Make a post...

Complete registration to post.

by a professional from Columbia University
in Oakland, CA, USA

2h ago

Banks offering non-ABL revolvers

I have a non-search fund client looking for a $1M-$3M revolving line of credit that won’t be tied to a borrowing base. Grateful for any recommendations for banks that might offer this product.

0 Likes

19 Views

reply by a lender 24m ago
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA

Are there other assets to secure it with? If you are looking for an unsecured revolving line or one just backed by the goodwill value of the business, that is going to be very hard if not almost impossible to secure. Just about all conventional banks for lines over $250,000 to $500,000 require some sort of collateral if not a full borrowing base, and the non-bank lenders are the same.