Seeking Conventional Lender for HVAC Companies in TX and OK

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by a searcher from University of Dallas
in Dallas, TX, USA

1yr ago

Seeking Conventional Lender for HVAC Companies in TX and OK

I'm not looking for SBA. I'm looking for banks that support acquisition lending for HVAC businesses in TX and OK. Please contact me directly. Thanks.

1 Like

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reply by a lender 1yr ago
from University of Southern California in Los Angeles, CA, USA

Unfortunately for deals below 5m the SBA is currently the only real option for business acquisition deals. Conventional lenders are super conservative, require 35% down and also sometimes need the loan to be fully collateralized by personal/business assets. Please reach out to us if you need help financing this deal via SBA.