No credit pull
This submission has no applicant, so no one’s credit is checked. The review is based on the business.
Selling a business
Know what a buyer can finance.
EBASCO Capital reviews the business you are selling with lenders that fund acquisitions, so you know how much financing a buyer can obtain before an offer arrives.
- Based on the business alone, with no buyer and no personal identifiers
- Returns, interim financials, the SDE schedule and the lease attach here
- Matched later to the buyer’s application by business name
- The listing
- The business
- The listing side
- Documents
- Review
The business you're selling
These are the numbers a lender uses to review the deal, taken from the seller's records.
Take it from the CIM or the listing. Skip anything you don't have; nothing here holds up the submission.
Seller's Discretionary Earnings. A lender sizes the loan from this number, so use the schedule if you have one.
Real estate
Lenders generally want the lease term plus options to cover at least 10 years.
About this listing
Two things that change how a lender reads the file. We already have your name and how to reach you.
This submission has no applicant. The buyer provides an SSN, a date of birth and ownership details on their own application later.
Your role on this listing
Is the listing live?
If an offer is already in hand, say so. It moves the file up the queue.
The prequal package
These eight sections are what a lender prequalifies the business from. A complete set usually comes back in about 48 hours, and a partial set waits until the rest arrives.
All of it is optional here. The checklist stays on the page so you know what a full set looks like, and anything missing can follow later.
Supporting documents
Bank statements, the CIM, equipment lists, licences, appraisals and anything else a lender will ask for on this business. There is no limit on how many.
PDF, JPG, PNG, Excel or Word, up to 100 MB per file. A full three-year return with every schedule fits, so send it as it is.
Review and submit
Check the numbers. You can go back and change anything.
Your business is submitted.
EBASCO Capital is reviewing it with lenders that finance acquisitions of this size.
Your reference number
When a buyer applies, their application gets matched to this one by business name.
A business with financing in place is easier to sell.
Many sales slow down between the letter of intent and closing while the buyer looks for a lender. Sharing the numbers with lenders first gives buyers their answer early.
One set of documents
Returns, financial statements, the SDE schedule and the lease are collected once, so a buyer does not have to request them again before closing.
A price lenders support
You learn whether the asking price covers the debt service while there is still time to adjust it.
How a sale becomes a funded deal.
The seller’s part happens before a buyer is found. The buyer’s application picks up from there.
- 1
Submit the business
The business, its numbers and the documents a lender prequalifies from.
- 2
Lender review
The deal is checked against lenders that write SBA 7(a) and conventional acquisition loans at this size.
- 3
Go to market prequalified
The business is offered with a financing structure: what a buyer can borrow and what they would need to bring.
- 4
The buyer applies
The buyer completes their own application with their down payment, credit and guaranty.
- 5
Close
The lender funds at closing together with the buyer’s cash and any seller note.
Sell with the financing already answered.
Share the numbers of the business before you meet a buyer. It costs nothing and no one’s credit is checked.
- Up to $5MSBA 7(a) loan limit
- No applicantBusiness-only submission
- No credit pullNothing is checked