Cressida Direct arranged $4,220,000 in financing for an HVAC acquisition roll-up in Virginia, closed in 8 weeks. The structure pairs a $3,720,000 SBA 7(a) term loan with a $500,000 pari passu conventional loan, both placed with an SBA lender partner.
The scenario: The client, a holding company that acquired several HVAC firms, carried an existing SBA loan, a seller note and short-term bridge financing.
The solution: We consolidated that debt into one 10-year, fully amortizing structure secured by business assets, with about $300K in working capital. No commercial real estate was required.
For brokers: The referring broker earned $27,900 on this deal. Clients with stacked acquisition debt are strong SBA 7(a) refinance candidates. Register for the Cressida Broker Program at https://www.cressidadirect.com/broker/register or submit a scenario to [email protected].
Cressida does not make or fund SBA loans. SBA loans are made by SBA lender partners. Terms are specific to this transaction.