Looking for Non-SBA Lenders for $2-$3 MM senior debt loan

searcher profile

July 02, 2024

by a searcher from Massachusetts Institute of Technology - MIT Sloan School of Management in Miami, FL, USA

Hi all. I'm working on a transaction which may not qualify for SBA financing due to the last tax return showing a dip in cash flow and SBA lenders being very strict about having the last tax return show a high enough DSCR. Years prior to 2023 look great and the Company has recovered significantly from last year's dip, with LTM numbers showing the Company's best-ever performance. Would appreciate any introductions or references, hoping to reach out ASAP! Thank you!

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commentor profile
Reply by a lender
from University of Missouri in Denver, CO, USA
Hey Pablo, I would be happy to discuss. I am in SBA lending. I agree it can be tough to get deals done with a lower 2023, but with the right explanation and cash flow in previous years combined with a strong YTD I think there is a chance I could get it done. Please follow up here or at redacted if interested.
commentor profile
Reply by a lender
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA
We would be happy to take a look. We are a Commercial Loan Brokerage Shop with over 500 direct relationships with funding partners and we do business acquisition financing using SBA, conventional and non-bank debt. You can reach me here or directly at redacted
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