Non-SBA Debt Providers for $3-8m loan

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April 29, 2026

by a searcher from Elon University - Martha and Spencer Love School of Business in Charlotte, NC, USA

I'm seeing a lot of searchers post about raising non-SBA debt around $3-8m. I know there are a lot of providers up market but has anyone seen debt providers for these small deals?
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Reply by a searcher
from University of Michigan in Raleigh, NC, USA
In the trades/home service, I have not seen much of this. Most banks stay away from it since there are not much value in the tangible assets. It's a pretty risky proposition for a bank when the predictability of the cash flow hinges on humans being able to continue to produce the cash. A few technicians leave or a few relationships fall by the wayside due to the new owner and the buyer isn't able to make the debt service.
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Reply by a searcher
from Elon University in Charlotte, NC, USA
Yea I understand banks not doing it. But what about private credit? Most firms I know say it's too small of a check size and not worth the risk. But still wondering if there is anyone out there that would so something like this.
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