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 MindsAugust 28, 2023✓ Verified in SBA records

Unlocking Growth in a 40-Year-Old Business

with Josh Medow · Mercury

Listen to Episode →

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

The Deal

Business
Mercury
Industry
logistics business
State
MA
Multiple
3.0x
Year
2020
Revenue at Purchase
$15.0M
Deal Source
proprietary

Financing Structure

SBA 7(a)
Seller Note
Buyer Equity

Strategic Rationale

Long-term play to reshape a stable logistics business into a high-growth, tech-enabled startup.

Post-Acquisition Performance

Grew revenue to $40M-$50M; transitioned to specialized healthcare logistics.

The LenderHawk View

Real lenders that finance similar deals

Active Lenders
10
Median Spread
P + 2.00%
Top Lenders
Eastern Bank294 deals
TD Bank, National Association124 deals
Citizens Bank, National Association54 deals
Brookline Bank, a Division of Beacon Bank and Trust45 deals
Rockland Trust Company42 deals
See all matching lenders →

Key Takeaways

  • 1Self-funded search requires extreme scrappiness and resourcefulness including leveraging free library databases and remote interns to conduct outreach at scale
  • 2Take time during the search process to deeply know yourself and your personal values, as this clarity directly determines business selection and long-term success
  • 3Implement organizational systems like EOS early to create clarity and accountability during rapid business transformation and remote work environments
  • 4Pivot the business deliberately based on rigorous data analysis rather than inherited assumptions, focusing sales and operations on the highest-opportunity industry niche
  • 5Hire transformational external talent strategically to elevate leadership capabilities and unlock new strategic directions for business growth

Matched SBA Loan Records

SBA loan filings we matched to this deal

New England Certified Developm95%
$287KFY2016
Middlesex Savings Bank95%
$5.0MP + 1.00%FY2020

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