Skip to search results
LenderHawk
FindCompareLearn
See LendersFind SBA Lenders
LenderHawk

Find the right SBA lender based on real data. Free, objective, no middleman.

Built on real SBA lending data, FY2010–FY2025.

Find

  • Search Lenders
  • Lender Directory
  • By State
  • By Industry
  • 7(a) Program
  • 504 Program
  • Loan Purposes
  • Compare Lenders

Learn

  • Guides
  • Insights
  • Deal Breakdowns
  • Methodology
  • How It Works

Tools

  • All Tools
  • Rate Spread
  • DSCR
  • Down Payment
  • Affordability
  • Borrower Journey

About

  • About
  • For Lenders
  • For Brokers

© 2026 LenderHawk

SitemapPrivacyTerms
Podcasts/Acquiring Minds
Acquiring MindsDecember 13, 2022✓ Verified in SBA records

Buying a Bitcoin Mining Facility

with Chris Koerner · Mining Syndicate

Listen to Episode →

LenderHawk analysis. Not affiliated with or endorsed by Acquiring Minds.

The Deal

Business
Mining Syndicate
Industry
bitcoin mining hosting facility / data center
State
TX
Purchase Price
$750K
Multiple
3.1x
Year
2021
LTV at Close
87%
Deal Source
bizbuysell

Financing Structure

Seller Note

Strategic Rationale

Acquiring existing infrastructure to bypass lead times and leverage Bitcoin mining profitability.

Post-Acquisition Performance

Pivot to miner reselling/hosting; revenue from sales dropped 70% in crypto winter but hosting grew.

The LenderHawk View

Real lenders that finance similar deals

Active Lenders
10
Median Spread
P + 2.08%
Top Lenders
PNC Bank, National Association90 deals
Wallis Bank74 deals
Wells Fargo Bank National Association70 deals
The Huntington National Bank62 deals
Live Oak Banking Company57 deals
See all matching lenders →

Matched SBA Loan Records

SBA loan filings we matched to this deal

Wells Fargo Bank National Association95%
$20KP + 5.50%FY2016

Want the Full Story?

The full narrative — the personal details, the hard moments, the host conversation — only lives in the original. Go listen.

Listen on Acquiring Minds