Key Details

• Use of Proceeds: Business acquisition

• Industry: Law

• Loan Amount: $1,478,000 SBA 7(a)

• Commission Earned: $14k

• Time to Fund: 52 days

• State: Nevada

An established real estate attorney sought to acquire a complementary law practice along with its associated commercial properties. While the buyer had strong industry experience and transferable expertise, the transaction required acquisition financing that could accommodate both the operating business and real estate in a single structure.

Traditional banks were willing to finance the deal but required a 30% down payment and insisted on separating the business and real estate into two transactions. Coordinating multiple closings and increased equity requirements introduced timing risk that threatened to derail the acquisition.

The Commercial Loan Broker used GlassBox Verified to verify both the buyer and target firm, organize historical financials, and structure the opportunity for SBA lenders experienced in combined business and real estate acquisitions. GlassBox ensured the deal package aligned with SBA credit requirements before submission.

The broker routed the deal to an SBA lender whose credit box supported blended acquisitions. The lender structured a single SBA 7(a) loan covering both the practice and real estate with a 10% down payment and a 25-year term.

The deal closed efficiently, allowing the attorney to complete the acquisition in one transaction. The Commercial Loan Broker earned a commission on the funded loan while facilitating a successful business expansion for the client.