Private Lenders after $5 million SBA Cap

searcher profile

May 11, 2024

by a searcher from Harvard University in Fort Lauderdale, FL, USA

I'm concerned that I'm going to hit my $5 million SBA cap soon. I want to continue to do acquisitions, so I need other financing options. Does anyone know private lenders out there that do non-SBA acquisition debt financing?

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commentor profile
Reply by an investor
from Ivey Business School at Western University in Boca Raton, FL, USA
Have you thought about acquiring in an adjacent industry vertical? With recent rule changes, as long the target company has a different NAICS code than your existing business, the SBA will consider advancing you an ADDITIONAL $5M loan. See www.census.gov/naics/?58967?yearbck=2022 for various industry sub-codes.
commentor profile
Reply by a professional
from University of Massachusetts Amherst in Boston, MA, USA
Hi Adam, we help ETA entrepreneurs secure funding for their searches. We can potentially help you out with funding. Could you fill up this form: https://form.jotform.com/ridethewave/funding-ally, and please text###-###-#### or email redacted and I can see if we can help you out.
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