I'm looking at a business, which is an established franchise, that is showing an adjusted EBITDA loss in the prior fiscal year (as well as TTM). Here are some other deal facts:

- The seller is willing to finance most###-###-#### %) of the transaction, with the remaining coming from the buyer.
- The purchase would convey with $600-$700K in NWC, almost all of which is accounts receivable.
- Their collections are coming from insurance carriers so the process is quite slow but there shouldn't be much of the AR that is bad debt.
- The business has a fleet of ~10 trucks which make up the majority of the remaining assets.
- This will be an asset sale.

I am wondering what my options are in terms of securing a LOC for NWC needs? The fact that the business had a loss in its most recent history likely eliminates a lot of the options in a typical SMB deal, like tacking it on with the SBA lender who is supporting the deal. Are there lenders who would be interested in this due to the amount of AR in the business? Thanks for any tips/recommendations!