FAQ
Most frequent questions and answers
Nuva Capital LLC is not a broker. Nuva Capital LLC is a principal buyer. We buy companies using our lender network. We use debt to finance acquisitions.
Nuva Capital LLC is a long term investor. We do not ‘flip’ investments or seek to generate returns through short term financial tactics.
In general, we seek to fund and close transactions about 30 to 90 days after we enter a letter of intent.
Nuva Capital LLC will not run the company, the management team will. Nuva Capital LLC will partner with the management team to determine any changes required to improve performance.
No, if Nuva Capital LLC (buyer) stops making payments at any time, we will return company shares immediately. The seller will always have the option to buy back shares at any point.
Yes, the down payment commitment letter from the lender. We maintain a large rolodex of lenders we partner with to complete acquisitions. Note: commitment letters are only issued if the borrower and company meet underwriting requirements. A commitment letter is a document that lets everyone in the transaction know that the lender is prepared to make a loan to repay the borrower.
In some cases, we’ll sign a promissory note (a promise to repay the loan).
Depending on the needs of the company. At times, we are the outsourced CFO, the business development team or the strategic consultant. At all times, we are interested and active board members. We believe that our collective experience allows us to offer sound and prudent advice and guidance that, over time, adds value to each company.