Lenders to Professional Services Firm without PG

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November 04, 2025

by a searcher from University of Pennsylvania - The Wharton School in New York, New York, United States

I'm looking for a lender to place ~$4MM of debt on a professional services firm with ~$1.4-1.5MM of EBITDA (<3x leverage). The business has stable financials for 2023/24/TTM, strong retention and unit economics, and incentives are aligned - the seller is staying onboard and rolling 20% alongside new ownership, putting a substantial seller note in place, and an additional earnout for the first 2 years of performance. I am looking to do so without a PG for the buyer or seller and can raise $2-3MM of equity behind the debt. Does anyone know of lenders who meet this profile?
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