LOI was just accepted looking for an investor to help cover deal fees

searcher profile

June 05, 2025

by a searcher in St. Petersburg, FL, USA

Company does 14 million in revenue and 1 million in profit. My LOI was just accepted deal financing is taken care of none SBA . Full LBO I'm looking for a single investor to help cover the legal fees. IE lawyer and due diligence... Willing to offer a step up in equity or a generous return in 1 year
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commentor profile
Reply by an intermediary
from The University of Chicago in London, UK
No offense but surely putting the sector and a broad range of what you expect legals to cost and which location is the company? I am guessing a US based lawyer, for example. I would further hypothesise you could eliminate a lot of noise if you added those details.
commentor profile
Reply by a lender
from University of Southern California in Los Angeles, CA, USA
HI Branden - Why is the bank or lender financing this transaction not financing the closing costs. This is standard in all SBA transactions.
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