Financing Options: Non-SBA Eligible SaaS Business, very high SDE margins

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December 08, 2020

by a searcher from University of California, Santa Barbara in Cincinnati, OH, USA

Self-funded searcher here: Does anyone have experience or guidance on financing a growing, highly profitable, low churn SaaS business that's ineligible for SBA financing? Want to finance through a combination of debt, equity, and personal capital. SDE is ~$450k.

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Reply by a searcher
from Columbia University in New York, NY, USA
I have not reached out yet, but heard a great interview with Stephen Speer from this lender: https://www.ecommercelending.com/

As you would've guessed via the name. They are clearly more open to online business lending (SaaS, absolutely included).
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Reply by a lender
in Yorba Linda, CA, USA
Hi Jake, At Live Oak Bank we offer non-SBA loans for acquisitions, and we really like the SaaS business model, but anything with EBITDA below $1.75 million will require a PG. Please send me an e-mail at: redacted if you are interested in exploring the option.
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