SOFR +300 on commercial senior cash flow facilities?

June 18, 2025
by an intermediary from Bentley University in Charleston, SC, USA
I'm looking to connect with commercial bankers that can underwrite senior facilities based off of cash flow (between 2x - 4x debt coverage).
Preference for: Industry agnostic approach but keen to asset light targets
(HVAC, Plumping, Electricians, Construction, Business Services, SaaS, etc)
Curious what others might see on pricing for the commercial senior facility for $5m - $10m + ebitda range.
Sofr +200 / +300 is the range I'm seeing.
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