When we say our buyers are cash buyers*, we mean they do not depend on SBA financing or conventional bank loans to close your transaction. That distinction has enormous practical implications for how your sale goes - and how your life goes during the process.
What SBA Financing Actually Means for a Seller
SBA 7(a) loans require the lender to conduct their own independent valuation, environmental review (for paving companies with fuel storage or material yards, this can mean a full Phase I and sometimes Phase II assessment), and underwriting. That process takes 90 to 120 days** (average 100-110 days) and cannot be compressed. SBA deals also fail at a higher rate - the most common cause: the independent appraisal comes in below the agreed purchase price. After months of your time and stress, the deal either resets at a lower number or dies.
What a Cash Close Actually Looks Like
- No independent bank appraisal to satisfy
- No financing contingency clause that allows the buyer to walk if their bank gets cold feet
- Faster due diligence because the buyer's own capital is at stake - they move with urgency
- Higher certainty of close - when a cash buyer signs an LOI, they close
- Simpler documentation - no lender package, no bank approval conditions
Who Our Buyers Are
Our buyers are institutional operators and well-capitalized private acquirers who have purchased paving companies before. They have allocated capital, experienced deal teams, and a clear thesis for what they are building. They are professional acquirers buying an established operation to integrate into a larger platform - and they have the capital to execute without delay.