Post Acq Line of Credit

by a searcher from Columbia University

2 years ago

I recently got through a new acquisition and am seeking a working capital LOC for it. Have had some stumbles putting a LOC on it since we used debt for the acquisition. Key items: I have enough collateral to cover the LOC; I do not want to place a PG.

I imagine that folks in this community might be aware of good debt partners to put a relatively simple revolver in place. I'd love to get any guidance.

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2 comments

lender from Brown University

Hi, I would be happy to discuss. Please feel free to reach out - --@----.com

2 years ago | like reply | 0 likes

searcher from Bates College

If you worked with a traditional search fund lender for the debt financing for the acquisition, I would recommend starting there. They should already understand the business and its capital requirements well, and presumably they didn't require a PG on the term loan for the acquisition, so they may be a good option.

2 years ago | like reply | 0 likes

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