Seeking Non-SBA Financing for Two Deals ($1.75M & $10M)
I'm currently working on two acquisition opportunities and looking for alternative financing structures outside of traditional SBA 7(a):
Deal 1 - $1.75M Purchase Price
Under LOI
600k/year cash flow, SBA-eligible business
Issue: Not willing to personally collateralize with primary residence (equity exceeds business value)
Deal 2 - $10M Purchase Price
Platform opportunity requiring significant capital
Would need gap financing beyond what SBA could provide
What I'm looking for:
-Lenders who don't require personal real estate collateral
-Asset-based lenders
-Private debt funds or family offices
Would appreciate any lender introductions, firm recommendations, or other ideas.
Thanks in advance for any guidance.