[Eagle Funding]

Ran into a situation where he has a piece of equipment that was bought in 2006 and last appraisal had it at $3M they are looking to receive ~300K credit 700s everything is clean. Can someone point in the direction of where I can get a leaseback lender and what kind of rates and terms I should expect

[RichardGerard]

Eagle,

We work with people in this space quite often. Pricing will be based on the equipment itself, the guarantors credit, what other debt is on the balance sheet etc.

Expect a rate range similar to Mezzanine debt for viable files.

Touch base if you would like assistance..

RG

rg@businesscapitalconsultants.com

516 510 3855

[abfunders]

Most of us are somewhere between brokers and salesmen and have a bit of knowledge of the alternative finance world.

On this forum, Richard is probably one of if not the most knowledgeable about business finance, who can do deals like this and understand what the merchant really needs.

That being said, did you try Everlasting?

[Nikkiclean06]

Ran into a situation where he has a piece of equipment that was bought in 2006 and last appraisal had it at $3M they are looking to receive ~300K credit 700s everything is clean. Can someone point in the direction of where I can get a leaseback lender and what kind of rates and terms I should expect

http://timepayment.com/


Time Payment < You can fill out the ISO agreement on the website under Lease- Broker first section and Fax it back
Whats great about Time Payment you dont need two years of Referrals with an Equipment lender to start sending deals and it is Direct not Broker

Good Luck <<<

[AlSuede]

Blue Bridge Financial maybe an option Unfortunately capped at 100k it's hard to get a sale leaseback with a purchase that far out with most equipment lenders however Blue Bridge doesn't have an age restriction. But they cap the LTV at 80% 100k. Rates 7-16% 24-60mo


Basic requirements:
1) Minimum FICO of 635
2) 80% LTV capped at $100k back to the borrower
3) No Age or Mileage Restrictions but will need condition report and pics at time of submittal

Good Luck!

Al Williams III | Account Executive
6080 Center Drive, Suite 475
Los Angeles, CA 90045
Phone: (714) 922-7102
awilliams@alliancefunds.com

[therealrichzone]

I'm 3 days late to the party - if you haven't found a good home for your transaction, I'm more than interested. Based on their LTV ratio and credit, it should be a nice money making slam dunk