Key Details

• Use of Proceeds: Business acquisition

• Industry: Law

• Loan Amount: $1,478,000 SBA 7(a)

• Commission Earned: $14k

• Time to Fund: 70 days

• State: Florida

An established real estate attorney wanted to purchase a complementary law practice and its associated commercial properties. The attorney had strong industry experience and transferrable expertise but needed acquisition financing that could accommodate both the practice purchase and real estate in a single transaction.

Traditional banks offered financing but required 30% down payment and wouldn't include the real estate in the same transaction. The timing constraints and complexity of coordinating separate closings threatened to derail the deal.

The attorney's business consultant used GlassBox to submit the deal to our lender network. We verified the strength of both the buyer and the target business, formatted the deal for SBA lenders experienced with combined business and real estate acquisitions, and connected them with a lender who structured financing for the entire transaction.

The deal closed on a single day with only 10% down and a 25-year term, allowing the attorney to acquire both the practice and properties efficiently. The consultant earned a commission on the funded loan while facilitating a successful business expansion.