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4 Replies Last post: Jun 13, 2008 10:02 AM by Bridge

Home Health Acquisition Funding Needed

Dec 18, 2007 4:22 PM

HomeHealth 1 posts since
Dec 18, 2007

Hello everyone.

First time posting.

I am looking to secure funding for the acquisition of one or more home health agencies in Tennessee. I currently own a small agency in Tennessee and have been in the industry for 20+ years with large national companies in executive level roles. I have tried local banks, private equity groups, specialty lenders, etc..
Any advice would be appreciated.

Thanks,
Home Health

Tags: alternate_financing_options, financing, financing_customers, growth, investment_loan, investor, loan_to_take_over_business, small_business_loan Report as inappropriate

CorpCons08 1,128 posts since
Nov 14, 2007

1. Re: Home Health Acquisition Funding Needed Dec 18, 2007 4:26 PM

HomeHealth,

I would be happy to speak to you about financing. My firm helps small business owners obtain financing for various needs.

You can email me at mailto:d.skolnick@skolnick-associates.com to discuss this acquisition further.

I look forward to speaking to you.

CC08

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LUCKIEST 7,912 posts since
Aug 6, 2007

2. Re: Home Health Acquisition Funding Needed Dec 18, 2007 6:55 PM

HomeHealth, Great field. You have been in the industry for 20+ years.
Tell us more about looking to secure funding for the acquisition of one or more home health agencies.
Help me out here "one or more" How much for one?? How much for more than one??
Do you have an Accountant, A Lawyer?? Do you have a Business Plan
LUCKIEST
.

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mlebovits 42 posts since
Oct 10, 2007

3. Re: Home Health Acquisition Funding Needed Dec 18, 2007 7:48 PM

Home Health,

On the surface, an SBA 7a business acquisition loan should be a good fit for this financing provided your financing requirements are less than $2 million. If that's the case, I would be happy to review the deal with one of my nationwide lenders - no cost, no obligation.

I also work with a number of healthcare lenders if the deal is not a good fit or is too large for an SBA loan.

Marshall
310-371-4011

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Bridge 359 posts since
Jun 3, 2008

4. Re: Home Health Acquisition Funding Needed Jun 13, 2008 10:02 AM

Have you alreday identified an acquisition target? What is the revenue size of the target (or potential target)?

Are you looking at a Medicare agency or Private Duty?

What repsonse(s) did you hear from the banks. PE groups, etc.

A little more information and we can provide some more specific answers/options for you to consider.

Greg Dupuis
Bridge Ventures, LLC
Merger & Acquisition Advisors
www.bridgeventuresllc.com

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ForumsFinancing Tips

This Question is Possibly Answered

Home Health Acquisition Funding Needed

Dec 18, 2007 4:22 PM

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