Which banks offer cash flow loans (non-SBA debt financing) for small deals with less than $2 million of EBITDA?
It seems that other than asset-based lending collateralized with fixed assets and receivables, there are few "small deal" cash-flow lenders. As a result, most small deals seem to be financed with SBA debt, which can have its limitations in terms of structuring flexibility, bureaucracy and so forth. It would be helpful to know if there senior lenders (not referring to subordinated debt funds or mezzanine lenders) providing cash-flow loans.
