Debt financing (non-SBA) for $1m business under LOI

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by a searcher from University of California, Berkeley
in Los Angeles, CA, USA

11mos ago

Debt financing (non-SBA) for $1m business under LOI

I'm looking for debt financing for a smaller deal ($400k SDE; $1m price.) that's not SBA-eligible. I have the business under LOI but need to show proof of financing in the next 10 days. Anyone have any ideas or contacts willing to explore? I'd greatly appreciate it. The business is a stable B2B services firm that's been profitable for 7+ years. I'm happy to inject $100k, and am looking to finance the remaining $900k. I'm not interested in equity financing / partners. Debt only. Thanks so much!

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reply by a searcher 11mos ago
from Keller Graduate School of Management of DeVry University in Berkeley, CA, USA

Enter all your info(above) into ChatGPT it will spit out a plan and about a dozen banks based on your criteria. You are going to have to get on the phone and start grinding. You will find the money if you want it bad enough.

reply by a searcher 10mos ago
from Keller Graduate School of Management of DeVry University in Berkeley, CA, USA

Hello ^redacted‌, received your invitation. Thanks