Sunbelt Finance recently facilitated financing for a well-established precision machinist with experienced management in-place.
This was a stock sale sold to a Buyer with extensive manufacturing experience.
The SBA loan funding partner is a top-notch regional SBA Preferred lender.
The SBA 7(a) loan amount was $3,890,000 with an 80% loan to value (LTV), 10% Buyer Equity and 10% Seller Note. Working capital was provided through a $350,000 SBA Express Line of Credit.
Happy new and exiting owners are currently working through training and transition.
Sunbelt Finance provides essential financing solutions for business owners. These financing solutions cover a complete change of ownership, partner buyouts, management/employee buyouts, partial change of ownership, business expansion loans, working capital needs, and debt refinancing.
Are you a business owner considering retirement and transitioning your business to a new owner? Perhaps you’re looking to sell to your partner, manager, or employee. Sunbelt Finance offers flexible financing solutions, often requiring zero or limited cash at closing, to meet your unique needs.
Are you seeking to sell part of your business while maintaining some equity or a second bite at the apple? We offer financing solutions with limited or no personal guaranty.
Are you seeking to grow your business within your industry through acquisition? We offer financing solutions with zero cash required at closing.
Do you need working capital or a line of credit to grow your business? We offer financing solutions at competitive rates and terms.
Do you have existing debt that you would like to refinance? We offer financing solutions to reduce your borrowing costs.
If you need anything financed in your business, please contact finance@sunbeltmidwest.com.
The Sunbelt Business Advisors Minneapolis office is the largest office in the Sunbelt network with a staff of over 50 advisors, associates, analysts, and business development representatives. In 2021 the firm was recognized by the International Business Brokers Association as the #1 firm in the country and the first firm in history to sweep all three first-in class awards. Sunbelt provides services to business owners interested in selling their businesses, assistance with merger and acquisition activities, complimentary business value assessments, and advice to business owners seeking to maximize their life’s work when they exit. The firm provides business brokerage and mergers & acquisitions services for companies with revenues from $500,000 to $150 million. More information is available at www.sunbeltmidwest.com (<Under $5 million revenue) and www.tnma.com ($5 – $150 million in revenue).
