Home: Message List - Need Angel Investor for Towing Business Acquistion $160,000

Re: Need Angel Investor for Towing Business Acquistion $160,000

heretohelp — Thu, 05 Jun 2008 17:17:47 GMT

Hi,

Please contact me at 781-341-0700. I can definitely discuss with you how you can meet your capital needs. We can get you the capital you need in as little as 72 hours.

-Tiffany

Re: Need Angel Investor for Towing Business Acquistion $160,000

Bridge — Wed, 04 Jun 2008 14:21:10 GMT

Are you still looking to purchase this business? I may be able to assist you. I am the former VP of Acquisition for RoadOne (NYSE MLR). At the time I left, we were the largest towing provider in the country. I have purchase many towing businesses.

What are there revenues? Is it all light duty or do they do HD as well? Normally club accounts are the lowest margin business.

How old is the equipment? Seller financing should be a possibility in this case if the Seller believe in their business.

Greg Dupuis

Bridge Ventures, LLC

Merger & Acquisition Advisors

www.bridgeventuresllc.com

813-343-2214

Re: Need Angel Investor for Towing Business Acquistion $160,000

walterdon — Thu, 07 Feb 2008 10:16:13 GMT

do you you have a good plan and net worth do email me walterdonn@gmail.com

Re: Need Angel Investor for Towing Business Acquistion $160,000

lfgrading — Sat, 26 Jan 2008 00:26:52 GMT

Does anyone know an angel investor that would be interested in this type of loan?

Re: Need Angel Investor for Towing Business Acquistion $160,000

lfgrading — Fri, 25 Jan 2008 19:57:12 GMT

Our Credit scores are low from past paid charge-offs and some past late payments. now its from too many inquires to try to find financing for this business.

Re: Need Angel Investor for Towing Business Acquistion $160,000

DomainDiva — Fri, 25 Jan 2008 18:54:00 GMT

I am guessing that the low credit scores are a result of no credit history rather than deliquencies. Have you checked your scores since Jan1? There is a new alogrithim being applied that may give you a boost. Also do you have an audited financial statement? If your credit score is low because of a light credit history (because you pay cash for everything) the financial statement will fill in the gaps.

Good luck...this sounds like a super deal.

Re: Need Angel Investor for Towing Business Acquistion $160,000

lfgrading — Fri, 25 Jan 2008 18:00:10 GMT

Luckiest,

Thank you for your response. I current do not have a business nor marketing plan. I would like a 30 yr. fixed rate with a balloon in yrs, if possible. Like I mentioned this is very promising business.

Re: Need Angel Investor for Towing Business Acquistion $160,000

LUCKIEST — Fri, 25 Jan 2008 02:28:44 GMT

Welcome to this website. You have come to the right place looking for an angel investor.
Do you have a Business and or Marketing Plan??
16% interest is nice For how long?? and When will you pay it back?
LUCKIEST

Need Angel Investor for Towing Business Acquistion $160,000

lfgrading — Fri, 25 Jan 2008 01:25:55 GMT

My husband and I are looking to purchase a towing business and have tried all avenues of funding. This business is made up of 2 tow trucks, 25 motor club accounts, 10 small business accounts, 3 dealership accounts, 2 repossession bank accounts. We currently own our home and have over 60% of equity on the home. We are willing to use the house as collateral. Our credit scores range from 510-550 WITHOUT bankruptcies or foreclosures. We are also willing to pay an interest rate of 16%.