Has anyone worked with or heard of Duneland Financial for Deal Financing?

I was recently referred to Duneland Financial's lending products, which offer non-SBA acquisition options (LOC and Term Loans). Has anyone heard of them or used their financing? I have been able to find Duneland Capital in my searches but have been unable to locate Duneland Financial, so I am unsure if they are related.

Duneland Financial offers two primary non-SBA financing options for business acquisitions:

  1. Unsecured Conventional Lines of Credit

    • LOC Amount: $500,000 – $1,000,000
    • Terms: Prime interest rates with a 3-5 year interest-only draw period
    • Purpose: Ideal for buyers who lack sufficient liquidity or want to preserve their capital while acquiring a business. These funds can be used as cash for purchases or as leverage for larger acquisitions.
    • Advantage: Allows buyers to secure proof of funds (POF) in advance, making them more competitive by enabling faster closings compared to buyers needing full financing.
    • Structure: A Special Purpose Vehicle (SPV) Corporation is set up with a AAA credit rating (setup fee: $50,000).
  2. Non-SBA Acquisition Term Loans

    • Loan Amount: $1M – $20M+
    • Terms: 5-25 years, typically 80%-100% Loan-to-Value (LTV), rates around Prime
    • Purpose: Suitable for buyers with a target acquisition in mind, including both U.S. and non-U.S. businesses (must be 3+ years old with stable financials).
    • Advantage: Provides a structured loan solution to finance an acquisition, ensuring buyers can move quickly once they identify a business to purchase.

Both options can be used separately or combined to maximize purchasing power and speed up the acquisition process.