Financing for Seasonal HVAC SMB

April 09, 2025
by a searcher in New York, NY, USA
Hey! I am looking at an HVAC business in the tri-state area that does 80% of it's revenue during the warm months. With an SBA loan, that presents an issue as my debt service is monthly, but obviously my cash flow is lumpy. I am thinking about structuring a deal with a 50-65% seller note, interest only for 1 year and the rest as equity. TEV is around $900-$1m.
1. Has anyone had any experience with this type of seasonality? How did you finance your deal?
2. Anyone interested in financing this type of business via equity?
Thanks!
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA
in Falmouth, MA, USA