Looking for $500,000 with a 5 year term.
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  1. #1

    Looking for $500,000 with a 5 year term.

    Hi,

    Below is the company's information;


    Industry: Aeronautical Maintenance Services.

    Years in business: 4

    Average Monthly Deposits: $250,000

    Credit: 90% owner has excellent credit. 10% owner has a bankruptcy filing.

    Current debt: 2 MCAs. $43,000 and $89,000.

    Use of funds: Equipment and Inventory Purchase.

    Assets: $8 million in equipment.

    NSF: 2 (last 4 months).

    Negative Days: 6 (last 4 months).



    Please let me know if any additional information is needed. Your recommendations and feedback are greatly appreciated. Thank you.

    Michael Sla*****er
    msla*****er@sla*****er.com
    Last edited by Michael Slabitcher; 12-16-2017 at 03:16 PM.

  2. #2
    Senior Member Reputation points: 11170
    Join Date
    May 2017
    Posts
    350

    Quote Originally Posted by Michael Sla*****er View Post
    Hi,

    Below is the company's information;


    Industry: Aeronautical Maintenance Services.

    Years in business: 4

    Average Monthly Deposits: $250,000

    Credit: 90% owner has excellent credit. 10% owner has a bankruptcy filing.

    Current debt: 2 MCAs. $43,000 and $89,000.

    Use of funds: Equipment and Inventory Purchase.

    Assets: $8 million in equipment.



    Please let me know if any additional information is needed. Your recommendations and feedback are greatly appreciated. Thank you.

    Michael Sla*****er
    msla*****er@sla*****er.com
    For sales leaseback, you could make it happen easily. I have the perfect source.

    pm me I'll tell you the name, send me a gift card I can give to my wife or something nice if it closes, and let them know I referred you

  3. #3
    Senior Member Reputation points: 68233
    Join Date
    Dec 2014
    Location
    Quogue, NY
    Posts
    1,108

    Hey Michael,

    I'm less concerned about the revenue as I am with the Net Operating Income, and other debt on the balance sheet (if applicable).

    Since the entity provides a service- l would like to see the aging as well. Without understanding the aforementioned information, there is no way to determine if what you're asking for can be done or not. If someone tells you otherwise, they are not being forthright.

    Feel free to touch base (rg@businesscapitalconsultants.com) or call to discuss (516 510 3855)..

  4. #4
    Senior Member Reputation points: 68233
    Join Date
    Dec 2014
    Location
    Quogue, NY
    Posts
    1,108

    If it is a sales leaseback play reach out to John.. Don't want to stand in the way of something nice for his wife!

  5. #5
    Noob Reputation points: 10
    Join Date
    Dec 2017
    Location
    Beverly Hills, CA
    Posts
    3

    Hey Michael,

    This sounds like something in my wheelhouse, but I need to see some more information on their tax filings and debt sheet. If you're still looking for help, give me a call and we can discuss.

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