SEARCH FUND LENDING

Proven track record of helping entrepreneurs succeed.

We have a deep understanding of complex investment models to help you access capital for growth.

Your CEO Journey Starts Here: BankProv’s Expert Search Fund Lending Includes:

  • Experience with capital structures that include seller debt, earn-outs, mezzanine debt & equity rollover
  • Acquisition term loan based on enterprise value
  • Additional financing for add-on acquisitions
  • Ability to refinance seller note and dividend recap based on performance
  • Senior debt up to 3x earnings before interest, taxes, depreciation, and amortization (EBITDA)
  • Onboarding specialist to transition cash management and deposit operations
Search fund lending

BankProv's Search Fund Lending: Your Path to CEO Success

  • Flexible Capital Solutions: Tailored structures for diverse needs.
    • Seller notes, earn-outs, owner equity rollover.
    • Acquisition term loan based on enterprise value.
    • Additional financing for add-on acquisitions.
  • Performance-Driven Financing: Refinancing and dividends based on results.
    • Refinance sellers note and dividend recap based on performance.
    • Senior debt up to 3x EBITDA.
  • Seamless Transition: Onboarding specialists for cash management.
    • Smooth transition of cash management and deposit operations.
  • Guided Acquisition: Partnering for a successful closing.
    • Expert support for a seamless deal closing.
    • Banking functions ready on Day 1.
  • Sustained Growth: Beyond the deal, tailored solutions.
    • Customized solutions to support strategic initiatives.
    • Financing for bolt-on acquisitions, lines of credit, and more.
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Walking with You from Letter of Intent to Acquisition

  • Specialized Partnership: Navigating unique entrepreneurial needs.
  • M&A Expertise: Understanding merger complexities and goals.
  • Tailored Solutions: Flexible deal structures for your vision.
  • Diverse Goals Supported: First acquisition, portfolio expansion, debt restructuring.
  • Endless Support: Partnering at every step for your success.

Providing customized lending solutions to companies like yours.

West Coast Specialty Machine Shop

Refinance of local bank lender

Northeast Business Services

Acquisition Financing

Northeast Sports Equipment Retail

Acquisition Financing

Digital Marketing Services Company

Acquisition Financing

Digital Marketing Services Company

Debt Refinance and Dividend

Real Estate Franchise

Acquisition Financing

Funeral Home Services

Acquisition Financing

Commercial Property Protection

Acquisition Financing

Welding & Fabrication

Acquisition Financing

Because BankProv has a specialty in search funds they know the benefits and disadvantages of the investment model which is very helpful.

Nick Oberhaus - CEO, DAWGS

Why BankProv?

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Tailored to You

We credit much of our steady growth in commercial banking to the practice of listening to our customers and carving out specialties to serve their unique banking needs.

100% Insured Deposits

Deposits Insured 100%

Most banks offer deposit insurance up to $250,000 through the Federal Deposit Insurance Corporation (FDIC) but as a member of the DIF, your deposits are insured at 100%.

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Technology Driven

Our products are designed with you in mind. Our API and Open Banking solutions allow us to move quickly and be flexible in order to give you the best possible experience.

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Innovative Solutions

At BankProv, you'll find comprehensive solutions, global capabilities, industry expertise and personalized attention. That's what makes us a leading commercial bank.

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Centuries Old DNA

As the 10th oldest bank in the country, we have the experience and knowledge to provide you with a comprehensive, efficient and premium banking experience.

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Dedicated Support

We are more than your bank. We are your partner. We work closely with our clients to deliver superior products and high-touch services to meet all their banking needs.

Contact a dedicated Search Fund Lender

 We have helped dozens of talented young entrepreneurs reach their goal of becoming a CEO and leading an organization. Contact us and learn how we’re committed to helping searchers acquire small to medium enterprises and support their growth.

Upcoming Events

Find our Lending team at the following events.

  • Nov
    1

    Entrepreneurship Through Acquisition Conference

    Chicago, IL

Search Fund Lending FAQs

We encourage early engagement to discuss debt structure and industry preferences for your search fund. Our team is available to provide guidance and can often issue letters of support to accompany your IOI or LOI, helping you secure exclusivity on the transaction by demonstrating a strong lending partner alongside your investor base.

BankProv provides senior debt for both traditionally backed and investor-backed non-SBA search funds, making it a reliable financing partner for various types of search fund structures.

BankProv’s search fund lending team focuses on financing companies with EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) ranging from $1 million to $15 million. This makes BankProv a strong partner for search funds targeting small to mid-sized businesses within that range.

BankProv’s search fund lending team operates on a national scale, providing financing across the United States. The business receiving the funds and the majority of its clients must also be based within the U.S.

BankProv is a dedicated Search Fund lender. Our Search Fund Lending team is a leading partner that deeply understands the search fund model and the unique goals of entrepreneurs. Whether you're looking to restructure debt, expand your portfolio, or acquire your first business, our team offers customized lending solutions tailored to meet your needs.

A search fund is an investment vehicle created by entrepreneurs, typically backed by investors, with the goal of acquiring and growing a business. Entrepreneurs use a search fund to raise capital, identify a target company, and then manage its operations post-acquisition. BankProv's Search Fund Lending team understands this model and provides tailored financing solutions to support entrepreneurs throughout the process.

Still have questions? Read more FAQs