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CALL ME RIGHT AWAY,WE CAN GET YOU FUNDED RIGHT AWAY,YOU WON'T HAVE TO WORRIED ABOUT 20%,AS LONG AS THE CREDIT GOOD,WHICH IT LOOKS REAL GOOD,AND SOME COLLATERAL,THATS IT!
Genius, WHO ARE YOU??, WHERE ARE YOU??
HOW MANY MILLIONS DO YOU WANT??
My name is Calvin and I am in Nashville, TN. The client is in PA. The purchase price is $15M and the client has $300K to put down. He can put more down if needed but not much more. He does not want to drain his account and needs money for working capital.
I am interested in learning more about this situation. If you still need assistance, give me a call to discuss further. Btw, are you an accountant or attorney?
We can help you with this. Contact us asap!!
Small Business Capital
260-249-1866 * Direct
Genius...............Just curious........have you found anything of any kind of significance????????????
Post your results if you would please.
I have not found an answer to my question yet. I have a couple people that might have a solution but that will not be figured out till we get a loan commitment. So until I have a commitment from a lender I am still looking for financing.
Thank you for all your help.
Are you still looking for financing?
Hi there, I,m a commercial mortgage broker and have dealt with out of the box loans. You best bet is a Hard Money Group that invests in businesses and will lend up to 100%. The but is they will take a equity stake and want a business plan, resumes and the whole nine yards on them. If they like the project they will finance it. I have a group through a associte friend of mine that has deep pocket investors doing deals like these. Also the other sticker is Equity Investors will ask for a up front fees to get the deal fully approved if they like it and that can be 10-20k or more non refundable. This is the world of Hard Money and otherwise no lender period will lend on this especially the way the Lender World is now! Hope I was of help JT.
I need some more information to help your client. What kind of business are they buying for a 4 times multiple of earnings with almost no real estate? What else does this company have for collateral? Is there any equipment, inventory or A/R?
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I have been having the hardest time and need some advise. I have a client that has about $300K to put down on a $15M loan and I don't know where to take him. The business cash flows (on taxes) $3.5M a year. Sales in 2007 was $19M and currently underway they have contracts for $21 for 2008. The credit is excellent, in the 800's. my problem is he does not have 20% down and the building is only worth about $2M. Any advice anyone can help me with would be great! Thanks.