I own an ecommerce business generating $1.5 million in EBITDA and have excellent credit. I currently have an SBA loan. I would like to acquire a second ecommerce business the same size or larger.
Are there any U.S. lenders that offer non-SBA expansion loans for 100% of the purchase price? How would I calculate the maximum loan amount I would qualify for? Let's say I find a business that generates EBITDA of $3 million. Would a lender provide an expansion loan for that or would they want the acquisition to be smaller than the current business?
Expansion loan for bolt-on acquisition
by an investor from New York University
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Why don’t you want to use an SBA loan? You can stack them as long as you keep a healthy dscr