Non-SBA lender options for a $4.5M revenue / $700k ebitda health care biz

searcher profile

September 27, 2024

by a searcher from Harvard University - Harvard Business School in Colorado Springs, CO, USA

Hello,

I am under LOI on a health care business and am interested in speaking with any lenders / private credit groups who might be interested in financing the deal. There is a chance that having the owner roll equity in an MSO structure will be an issue for the SBA and I what to know what the non-SBA options are. Because of the equity roll and a large seller note, I could make the deal work without a ton of leverage (anything from $700,000 - $1.400,###-###-#### 2x ebitda) could still be interesting).

Thanks,
Justin

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commentor profile
Reply by a lender
from University of Utah in Sandy, UT, USA
You would likely need to go the general processing route with the SBA but it is not SBA ineligible. Happy to discuss. redacted or###-###-####
commentor profile
Reply by a searcher
in Rindge, NH 03461, USA
Unless you are going to collateralize the goodwill portion of the loan, finding a non-SBA lender is very difficult.
commentor profile
+3 more replies.
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