Non-SBA financing for a smaller deal... who should I reach out to?

searcher profile

September 21, 2021

by a searcher from University of Iowa in Miami, FL, USA

Hi all -

We have a smaller (growth + fix-up) deal we're working on that won't qualify for SBA (it's 2 years old, hasn't been CF positive until recently). Real / hard assets to lend against, would like to get $500k or so to capitalize the acquisition. Plan would be to recap out of this as soon as we can (I'm assuming this will be more expensive capital...).

Does anyone know of some lenders/investors who might do this?

Thanks,
Sam

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commentor profile
Reply by a lender
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA
Hello Sam - we are a commercial loan brokerage shop with over 350 different funding partners. If you have hard assets to lend against, we might have some options for you. feel free to reach out to me directly at redacted Thank you.
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Reply by a searcher
from The University of Georgia in Atlanta, GA, USA
Based on feedback from your initial conversations and relationship with the seller(s), I would recommend approaching them about seller financing. Was a key component of the deal I closed and allowed for a smaller amount due at closing.
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