SBA Financing Counsel for Cybersecurity Services Acquisitions
When the deal is cybersecurity services and the question is SBA Financing, the structure decisions in the first 30 days outlast the next five years. This is where Jason Powell works.
Cybersecurity Services deals in the lower middle market run a specific playbook. SBA Financing is where the structure either holds or starts to leak.
The typical cybersecurity services platform sits at $10M to $130M EV with EBITDA in the $2.5M to $22M range. The thesis runs on MSSP or specialty consulting platform. Cleared workforce is the moat. Cleared workforce can also be the deal-killer in CFIUS reviews.
How SBA Financing actually gets structured.
Confirm eligibility against SBA size standards before signing the LOI.
Structure personal guarantees with care; SBA lenders require them but they can be narrowed.
Plan the seller note as on-standby debt, supporting the SBA loan covenant package.
Time the SBA approval process into the closing schedule; allow 90 days from full application.
In cybersecurity services, layer in FSO succession plan in place as part of the SBA Financing workstream.
Promising the seller an SBA-funded close in 60 days. SBA does not move at LOI speed.
"SBA debt is the cheapest money in the independent sponsor market. The trade is paperwork and time."Jason Powell · SBA Financing
The deal is one thing. The capital that opens up after close is another.
The capital that opens up post-close, from refinancing to growth equity to strategic exit, runs through a small set of Wall Street relationships. That network is built in.
Related deal pages.
Transaction Fee Structuring for Cybersecurity Services
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Working Capital Adjustments for Cybersecurity Services
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Representation & Warranty Insurance for Cybersecurity Services
A buyer-side insurance product covering breach of seller representations, reducing seller escrow and indemnit…
Indemnification for Cybersecurity Services
The seller's contractual promise to compensate the buyer for breaches of representations, covenants, and spec…
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SBA Financing for Cybersecurity Services, on independent sponsor terms.
Independent sponsor counsel that already speaks fluent deal-by-deal economics, structures clean LPAs, and travels with capital markets relationships for what comes after close.