For independent sponsors & holdcos

Finance the deals mainstream lenders pass on.

Debt capacity by debt type, a ranked list of asset-based and specialty lenders, and a ready-to-send lender package for your lower-middle-market acquisition. One flat fee per deal. You keep the lender relationships.

  • Flat fees only
  • No success fees
  • Delivered in 3–5 business days
Carveline report Illustrative sample
Target
Industrial distributor, Midwest
Revenue
$24.0M
Adj. EBITDA
$3.2M
Debt capacity by type (low – high)
ABL revolver
$4.1–5.9M
Equipment term
$1.0–1.6M
Specialty / cash-flow
$2.0–3.4M
Ranked lenders
  1. 1
    Lender ARegional ABL bank · revolvers $3–15M, distribution focus
    Strong fit
  2. 2
    Lender BNon-bank ABL · inventory-heavy borrowers
    Strong fit
  3. 3
    Lender CSpecialty term lender · sponsor-backed LMM
    Good fit
✓
Red-team QA passedSizing, fit and claims checked
$0success fees, ever
3 dayssingle report turnaround
Monthlylender database refresh
100%of reports red-teamed
What you get

Everything you need for the first lender conversation.

Built for buyers who don't yet have a Rolodex of small and specialty lenders and can't justify an advisor's success fee.

Debt capacity by debt type

ABL on AR and inventory, equipment and real-estate term loans, and cash-flow leverage. Low, base and high cases, with every assumption shown.

A ranked lender list

Asset-based and specialty lenders from a public-source database, each with the reason it fits and the date its profile was last checked.

A lender package

Anonymized teaser, diligence checklist and process tracker, plus outreach templates. You send it; the relationships stay yours.

How it works

Intake to lender-ready in under a week.

  1. 01

    Tell us about the deal

    A short intake form on the business and the deal. About 10 minutes.

  2. 02

    Get capacity and your lender list

    Debt sized by type, lenders ranked by fit, each with the reasoning behind it.

  3. 03

    Approach lenders yourself

    Use our teaser, package and templates to start conversations on your terms.

Under the hood

Sourced, scored and stress-tested.

Every number traces back to a source, and every report is attacked before it reaches you.

Public-source lender database

A structured list of ABL and specialty lenders built from SEC ADV filings, fund announcements, ABF Journal and press. Refreshed monthly.

Hand-reviewed deal sources

Broker marketplaces such as BizBuySell and BizScout are reviewed manually, never scraped, alongside court dockets and public filings.

Separate red-team pass

Before delivery, a separate review tries to break the sizing, the lender fit and the claims. What survives ships.

Assumptions in the open

Advance rates, haircuts and leverage conventions are shown, not hidden, so you can defend the numbers to a lender.

Pricing

Flat fees. No success fees. No percentage of the raise.

Pilot pricing applies to the first 10 orders of each product.

Single report

Know what the deal can borrow and who to call.

$4,500
Pilot: $2,500 for the first 10 reports
  • Debt capacity by debt type
  • Ranked ABL and specialty lender list
  • Delivered in 3 business days
Buy report
Most complete

Report + lender package

Walk into lender conversations ready to go.

$9,500
Pilot: $5,000 for the first 10 packages
  • Everything in the single report
  • Teaser, diligence checklist, process tracker
  • Outreach templates
  • 5 business days, one revision
Buy package

Annual

For active buyers running multiple processes.

$24,000/ year
$38,000 at list: save $14,000
  • Up to 4 report + lender packages
  • Billed annually, upfront
Buy annual

↺ Upgrade credit. The full single-report fee counts toward the package if you upgrade within 60 days.

Free weekly feed

Deal flow, scored and sourced, every week.

A scored list of lower-middle-market businesses for sale, each linked to its source: broker listing, filing, docket or press. Written for sponsors as a finished product. Free; an email address is all we ask for.

  • Founder-led
  • Carve-outs
  • Strategic reviews
  • Covenant stress
  • 363 sales
Subscribe by email
This weekIllustrative sample
86
Precision machining shop, OhioFounder-led · founder retiring · broker listing
81
Specialty packaging divisionCarve-out · parent under strategic review · press
74
Regional HVAC distributorCovenant stress · lender forbearance · filing
68
Food co-packer assets363 sale · bid deadline set · court docket
Fit

Software for buyers, not a debt advisor.

✓ Built for

  • Independent sponsors and small holdcos buying LMM businesses
  • Deals mainstream lenders pass on: asset-heavy, messy or special situations
  • Buyers without existing small and specialty lender relationships
  • Anyone who'd rather pay a flat fee than a success fee

× What it isn't

  • Not a lender, broker, debt advisor or financial advisor
  • Never places or arranges debt, and never contacts lenders for you
  • Outputs are planning estimates, not lender offers
  • No legal opinions, and no calls: email only
Read the full disclaimer →

Have a deal that needs a lender?

Start with a single report. If you upgrade within 60 days, the full fee counts toward the package.