Our Terms

We would love to take a look at your deal when you get it under LOI or close to LOI stage. We would want to put in all the cash (but can play nice and roll others in if you have investors you want to join the round) and support you assuming the deal is a fit (3-5X multiple of EBITDA, $750k-$2M EBITDA range, no customer concentration risk/scary industries, ie restaurants, construction, CPG).

Our terms are Participating Preferred, with a 10-15% Interest Rate, and a 2X step-up into common. We receive minority control on CEO salary (~10% of EBITDA, ie $100k-200k salary range), tag along rights and a put option to sell our stake based on a 3rd party appraisal after the SBA loan has been retired. We are super “searcher friendly” as we don’t take board seats, don’t have drag along rights, and don’t have a fund with an artificial fund timeline. We can also help you package up your deal and often help you achieve (due to our scale and bank relationships) a far better rate on your SBA loan. We are passive and supportive and do your back office for you (bookkeeping/outsourced CFO for market rate), provide access to our annual summit/perks & discounts/peer searcher networking/and best practices so you aren’t on your own running the business post close.