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 Minds

Making A Career Of Buying Businesses

with Pete Seligman · SRO

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

The Deal

Business
SRO
Industry
Mining instrumentation manufacturing and services
Year
2013
Revenue at Purchase
$2.0M
Deal Source
broker

Financing Structure

Buyer Equity
Bank Loan

Strategic Rationale

Desire to own and operate a business with meaningful accountability and autonomy rather than continue on a predictable corporate career track.

Post-Acquisition Performance

Grew from less than 2 million in revenue to approaching 10 million with expansion to three offices across Australia and approximately 35 employees; brought in former searcher as CEO and gave equity incentive.

The LenderHawk View

Real lenders that finance similar deals

Active Lenders
10
Median Spread
P + 3.80%
Top Lenders
The Huntington National Bank1195 deals
Manufacturers and Traders Trust Company506 deals
Wells Fargo Bank National Association473 deals
U.S. Bank, National Association402 deals
JPMorgan Chase Bank, National Association356 deals

Key Takeaways

  • 1Stay close to core competencies and areas of operational understanding rather than venturing too far into unfamiliar industries
  • 2Focus initial growth strategy on operational leverage and regional expansion before attempting product line diversification or pivots
  • 3Identify and build confidence in the management layer below the owner during due diligence, as continuity depends on those key people rather than the departing owner

Matched SBA Loan Records

SBA loan filings we matched to this deal

Tulsa Economic Development Cor85%
$1.4MFY2023
Univest Bank and Trust Co85%
$25KP + 2.00%FY2013
Wells Fargo Bank National Association85%
$25KP + 2.25%FY2015