Search Fund Lending
Proven track record of helping entrepreneurs succeed.
Flexible and Creative Deal Structures
The experienced Search Fund Lending team at BankProv lays a proven pathway to help entrepreneurs realize their dreams of becoming the CEO of a growing business. This is achieved by providing senior debt capital to individuals and funds through the search fund model.
- Flexible capital structure (seller notes, earn-outs, owner 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
Entrepreneurship Through Acquisition
Our team works side-by-side with you on all aspects of the deal to provide a roadmap to a successful closing and ensure all banking functions are ready to go on Day 1. More importantly, our partnership doesn’t end once a deal is closed. In fact, BankProv continues to help grow your business through a myriad of customized solutions to support your strategic initiatives. This can include financing of bolt-on acquisitions, Seller Note refinancing, Dividend Recaps, lines of credit, and more. If you are a Searcher or CEO looking for a banking partner, please reach out to one of our dedicated Search Fund Lenders at BankProv.
Walking with You from Letter of Intent to Acquisition
Finding a banking partner that understands the unique needs of entrepreneurs and the complexity of merger and acquisition financing is difficult. The Search Fund Lending team is a leading partner that understands the search fund model and the goal of entrepreneurs. Whether you are looking to acquire your first business, expand your existing portfolio or restructure existing debt, the team can help with flexible and customized deal structures and endless support.
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
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.
LinkedIn
Upcoming Events
Find our Lending team at the following events.
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Apr16
The MIT X Neeta Conference
Cambridge, MA -
Sep8 - 9
Southeast Entrepreneurship Through Acquisition Conference
Durham, NC -
Nov1
Entrepreneurship Through Acquisition Conference
Chicago, IL
talk to a lender.
Your lending needs are unique. We'll work with you to find the right solution.
Search Fund Lending FAQs
A search fund is an investment vehicle through which an entrepreneur raises funds from investors in order to acquire a company.
Yes. The Search Fund Lending team is a leading partner that understands the search fund model and the goal of entrepreneurs. If you are looking to restructure debt, expand your portfolio or acquire your first business, our Search Fund Lending team can help with customized solutions.
BankProv provides senior debt for traditionally backed or investor backed non-SBA search funds.
The BankProv search fund lending team looks to finance companies between $1 - $15 million EBITDA (Earnings before interest, taxes, depreciation and amortization).
The BankProv search fund lending team can lend nationally. The business requesting the funds, and majority of its client, must reside within the United States.
We’re always happy to have early conversations regarding debt structure and industry appetite. We can often provide letters of support for you to submit alongside an IOI or LOI to help secure exclusivity on the transaction by demonstrating you have a lending partner alongside your investor base.
