Results 1 to 5 of 5
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12-16-2017, 02:37 PM #1
- Join Date
- Dec 2017
- Posts
- 277
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.comLast edited by Michael Slabitcher; 12-16-2017 at 03:16 PM.
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12-16-2017, 03:02 PM #2
- Join Date
- May 2017
- Posts
- 350
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12-16-2017, 03:07 PM #3
- 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)..
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12-16-2017, 03:11 PM #4
- 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!
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12-19-2017, 03:51 PM #5
- 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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