In Search of Cashflow Lender
January 24, 2025
by a searcher from Harvard University in Boise, ID, USA
Greetings,
Does anyone have recommendations for a good cashflow lender? We have a medium to light asset business, that is cash-flowing tremendously, currently under LOI. No SBA and no asset lenders please.
If you are a cashflow lender, PLEASE EMAIL me: redacted
from University of Southern California in Los Angeles, CA, USA
1. Owning More Than 50%: • If the Applicant owns more than 50% of another business, they are affiliated. • If a business owns more than 50% of the Applicant, they are affiliated. If that business also owns more than 50% of another business in the same industry group (same 3-digit NAICS code), all three are affiliated. • If an individual owns more than 50% of the Applicant and also owns more than 50% of another business in the same industry group, those businesses are affiliated. 2. Owning 20% or More (When No One Owns Over 50%): • If an owner of 20% or more of the Applicant is a business in the same industry group, they are affiliated. • If an owner of 20% or more of the Applicant also owns more than 50% of another business in the same industry group, the Applicant and that other business are affiliated. 3. Family Ownership: • Ownership of spouses and minor children is combined when determining ownership percentage. 4. Indirect Ownership: • Ownership through other entities is considered. For example, if Jane owns 15% of the Applicant and also 100% of a company that owns 50% of the Applicant, Jane is considered to own 65%. When the SOP says applicant it means entity not the individual borrower. Let me know if you need further clarification. Would love to help you find a lender based on this new NAICS change. You can reach me here or directly at redacted You can also click here to schedule a meeting with me: https://cal.com/ishan-jetley-3d73m8/30min. Look forward to chatting!
from INSEAD in Kirkland, WA, USA
New SOP now allows for individuals to have an additional $3.75MM of guaranteed dollars (max $5MM single loan amount) of eligibility if they are acquiring a business that is NOT in the same 3-digit NAICS subsector as any currently owned business with existing SBA debt in which the below apply:
•Businesses owned >50% by the applicant business
•Businesses that own >50% ownership of the applicant business
•Any businesses owned >50% by this business that operate in the same 3-digit NAICS subsector as the applicant business
•When an individual owns >50% of the applicant business, every business owned by that individual >50% within the same 3-digit NAICS subsector as the applicant business
•Historically, personal guarantors of SBA loans have had their existing personally guaranteed SBA debt included in the aggregate SBA exposure calculation