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 MindsSeptember 14, 2023✓ Verified in SBA records

Seller's View of a Searcher Buying His Business

with Don Gourley · Boston Tree Preservation

Listen to Episode →

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

The Deal

Business
Boston Tree Preservation
Industry
tree preservation / arboriculture
State
MA
Year
2022
Revenue at Purchase
$2.0M
Deal Source
direct outreach

Financing Structure

SBA 7(a)

Strategic Rationale

Buyer sought a stable service machine with a unique competitive niche ripe for professionalization.

Post-Acquisition Performance

Transition has gone 'swimmingly' after 9 months; revenue remains stable/growing.

The LenderHawk View

Real lenders that finance similar deals

Active Lenders
10
Median Spread
P + 2.75%
Top Lenders
Eastern Bank587 deals
TD Bank, National Association176 deals
St. Mary's CU104 deals
Rockland Trust Company87 deals
Brookline Bank, a Division of Beacon Bank and Trust86 deals
See all matching lenders →

Key Takeaways

  • 1Finding the right buyer involves understanding their background, lifestyle, and whether they align with the business culture and values rather than just analyzing financials.
  • 2Digital transformation and systematization of business processes, including moving from legacy software to modern platforms like Salesforce, can significantly improve operational efficiency and growth potential.
  • 3A well-established, profitable business with strong margins and customer retention should be sold to a buyer who will preserve the legacy, culture, and employee relationships rather than a competitor seeking cost cuts.

Matched SBA Loan Records

SBA loan filings we matched to this deal

Citizens Bank, National Association95%
$100KP + 3.75%FY2019
TD Bank, National Association95%
$50KP + 2.50%FY2016
Leader Bank, National Association95%
$110KP + 2.74%FY2015

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