F reorg with partial change of ownership/SBA

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 lender from Bloomsburg University of Pennsylvania
in Ambler, PA 19002, USA

2yrs ago

F reorg with partial change of ownership/SBA

Working a unique circumstance and trying to get legal opinion of viability of a f reorg, but as part of a partial change of ownership (acquirer purchasing 90%) with SBA funding being the senior debt. Any experience from the community? Full change of ownership I know is a non-issue, but curious on SBA eligibility impact on partial change of ownership with the added complexion/newness of the rule

0 Likes

391 Views

reply by a professional 2yrs ago
from University of Notre Dame in New York, NY, USA

Thanks for the tag ^redacted‌ - I echo a lot of the responses already provided. This is pretty common and shouldn't impact loan eligibility. My tax partner and I tag team these type of transactions on a semi-regular basis, so happy to chat if you need additional assistance on the legal side. Shoot me a DM or email me redacted if you need any help.

reply by a professional 2yrs ago
from University of Michigan in Detroit, MI, USA

Hi ^redacted‌, lots of great responses here. Make sure you involve a specialist tax attorney (my firm, in addition to others, have tax attorneys on their team). You shouldn't have an eligibility issue (as others have noted). But other than that, just make sure to keep your lender up to date on what you are doing. Let me know if you want to discuss. Always happy to chat. DM me here or reach out at redacted