NON SBA Conventional Financing

Looking beyond SBA? For larger or faster closings, conventional lenders will finance acquisitions with structures like term loans + revolver/ABL, often alongside seller notes and (optionally) mezz. When it fits Enterprise value: $5M–$20M+ Asset-heavy or strong recurring cash flow Need higher leverage, fewer SBA constraints, or speed to close Typical structure & terms (ranges) Senior term loan: 3–5+ yrs, amortizing; add revolver/ABL for working capital Pricing tied to risk; covenants: DSCR, leverage, borrowing base (if ABL) Guarantees vary (full/limited), collateralized by business assets; CRE/equipment appraisals where relevant Underwriting must-haves QofE reconciled to tax returns and GL AR aging & top-customer concentration (and contracts) Inventory/equipment schedules, lien searches Pro forma with integration plan and 90–180-day cash map How I help (CFP) Design the capital stack (senior + revolver/ABL + seller/mezz) Package a lender-ready file that moves through credit fast Coordinate diligence through close (appraisals, field exams, intercreditor)