Funding Sought to Acquire Small Bank
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Financial Details
- Asking Price:
- $10,000,000
- Profit Metric:
- Annual Return
- Location:
- Washington, DC, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Opportunity to acquire a small US Bank with MDI certification plans.
Seeking $10M in funding with projected 8-10% annual return for investors/lenders.
Experienced team with diverse financial and entrepreneurial backgrounds.
Description
This listing is a funding request for a group aiming to acquire a small US Bank. The group is seeking $10,000,000 to facilitate the acquisition, with allocated funds for the purchase price, regulatory/legal fees, and initial operations. They have secured pre-sign-ups and are in discussions with regional banks for commitments. The plan includes obtaining MDI certification post-acquisition and leveraging the Minority Bank Deposit Program. Investors are projected to receive an 8-10% annual return with a potential cash-out in 5-6 years. The core team possesses extensive experience in mortgage banking, financial planning, Forex trading, and commercial real estate.
Industry Information
- Industry Description:
- Banking / Fintech / Payments
- Classification:
- Financial Services
Real Estate & Lease
- Status:
- Unknown
Listing Details
- Listing ID:
- 4e3fdb6d-8e5d-4b10-a4b6-5b2f95501f42
- Deal Status:
- For Sale
- Date Posted:
- September 30, 2023
- Last Updated:
- September 15, 2025
- Currency:
- USD
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