SBA 7a Alternative (~700K EBITDA Add-On)
Hey all. We’re evaluating debt financing options for an add-on (~$700K EBITDA) to an ABA therapy platform. The seller intends to roll equity but wants to avoid a personal guarantee (requirement under the new SBA rules). My understanding is that deals under $2M EBITDA are out of scope for private credit, but has anyone had success in finding a non-SBA, non-conventional lending partner for a deal of this size? Any pointers would be greatly appreciated.