Program produced by XPX Philadelphia.
Let’s Get Creative: Options for Financing Deals Between $5-$10M
Solutions for funding deals between $5M to $8M are few and far between. These deals exceed the $5M cap for SBA financing and often exceed the maximum amount for a non-collateralized loan. To get a deal done, an acquirer needs more cash, additional collateral or the seller has to hold a significant note. Often these deals just can’t get done! Join us for an informative discussion for creative ways to limit cash , large seller’s notes and required collateral.
Our Speaker:
Jim Vigna, Vice President – Live Oak Bank
Jim joined Live Oak Bank as a Vice President in April 2019. He has more than 20 years of experience in small business lending and has spent his entire career in the New York, New Jersey, and Pennsylvania markets. Prior to joining Live Oak, he worked for one of the largest banks in the country, was the top SBA lender by volume multiple times and broke records for highest SBA production. His area of expertise is in business acquisitions, partner buyouts, expansion, new construction, debt restructure and commercial real estate. Jim earned a bachelors degree in Economics from Lehigh University.