Non-Traditional Lenders - Business Term Loan & Acquisition Loan

March 22, 2023

by a searcher in San Francisco, CA, USA

I'm working with a US based profitable and growing IT services and staffing company with a global team and customers in the US. The current EBITDA is around $2M after all operating and debt expenses. They are in talks to acquire a similar company (in California) with $14M in revenue and $4M in EBITDA. The combined entity's EBITDA will be $6M not accounting for any cost synergies.

They have solid customer base, and are also in the process of using their customer base to convert into an MSP (Managed Services Provider) business model with even more predictable revenues in the long run

They are looking for a debt investment partner for two needs

Term loan of $1M for working capital needs
Acquisition loan of $5M

Will this be a fit for any cash flow based non-traditional lenders? I understand that there is a directory of lenders here but I figured posting this as a message would also be a time efficient option to find a good debt partner. I'm anonymous since the company wants to be selective in revealing the details. Please share your firm's website or email ID if this looks like a fit.

Reply by a lender
from Pennsylvania State University in Tampa, FL, USA

Thanks for the tag ^redacted‌! There is no shortage of great lenders right here, and I'd be happy to learn more and share the details of my approvals month to date, which are all change of ownership transactions to compare notes on your project. My email is redacted or call/text###-###-#### Execution is everything.

Reply by a lender
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA

Thanks Luke. We are a commercial loan brokerage shop with over 500 funding partners and we have non-bank options as well as Bank options for conventional acquisition financing. I would be more than happy to have a talk. You can reach me here or directly at redacted Thank you.

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