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10-31-2023, 03:10 PM #1
- Join Date
- Oct 2023
- Location
- Miami, FL
- Posts
- 9
What type of business is this? Revenue model / industry? Why the preference for a 10-year term instead of something more accomodating from the market around 3-5 years? (assuming non-bank/non-SBA). If they're stuck on 10 years, this is leaning more SBA, but if they're flexible on term length there are other non-bank credit groups who can get excited over 1.1x turns of leverage on EBITDA if not 2x+ notwithstanding other factors.
Feel free to reach out and we can discuss the opportunity more if it's still relevant!
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