Debt Financing Your Deal (SBA & Independent Sponsor)

Equity is only one side of financing an acquisition. Once the capital stack includes debt, buyers must navigate a different set of structures, lender requirements, and negotiation points.

Following their office hours on equity financing last month, attorneys Bill Barlow and James David Williams return to examine the debt side of the deal. They are joined by guest Adam Steiner of Rick Steiner Fell & Benowitz LLP.

They cover:

• How debt financing is typically structured in SBA acquisitions

• How financing differs in independent sponsor deals

• The roles different lenders and sources of debt can play in the capital stack

• Common loan terms and negotiation points buyers should understand

• How the size and structure of a transaction shape the financing options available

• Key considerations when evaluating and negotiating debt before closing