Looking for alternatives to SBA financing

searcher profile

February 22, 2025

by a searcher from Brigham Young University in Utah, USA

Hi there, I'm looking for alternatives to SBA financing for a business acquisition. Debt-service would be ~$3M on a $5M valuation. Please, comment below if you can help and I'll send you a DM.
Thanks!

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commentor profile
Reply by a lender
from University of Missouri in Denver, CO, USA
^redacted‌ I would be happy to discuss this in more detail, but you would likely need to wait awhile before refinance. The payment must save you 10% so unless you can get a rate significantly lower than P + 2.25% it would likely need more paydown to refinance.
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Reply by a searcher
from University of Southern California in Portland, OR, USA
I got a SBA loan last year. Does anyone know when would it make sense to potentially refi? I have a variable rate at prime + 2.25% -- so currently at 9.75%. No assets in the business. The SBA loan was based on cash flow.
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