Proprietary deal under LOI - Seeking non-recourse debt

searcher profile

July 16, 2021

by a searcher in New York, NY, USA

SDE - 950k
Business Purchase price - 950k
Additional Working capital needed - 560k
Total Price: 1.52 million

Deal was approved for SBA financing with only 10% down. I am seeking alternative lending arrangements - preferably a loan without a personal guarantee. Would appreciate any help. Thank you.

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Reply by an admin
from Massachusetts Institute of Technology in Portland, OR, USA
Hey anonymous- thanks for your post! You can find lenders under the DIRECTORY tab at the top of this screen. I’m happy to tag them for you but you will need to create a new Deal post. I don’t tag capital raises from anonymous posts to prevent abuse and maintain a high trust community. PM me if you have questions.
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