Conventional Loan Options

August 01, 2024
by a searcher in San Francisco, CA, USA
I'm exploring a company that recently became profitable after a long COVID recovery. This won't be a fit for the SBA, so I'd like to explore a conventional loan backed by the assets of the business for the upfront payment (there will be a large seller note for the remaining). The business has roughly $1M in hard assets and contractual recurring revenue.
The loan would be for 400k-500k.
Does anyone know lenders that may be a good fit?
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA
in Stuart, FL, USA