Results 1 to 6 of 6
-
01-18-2018, 12:05 PM #1
- Join Date
- Jun 2014
- Location
- Houston Tx
- Posts
- 97
Commercial ship
I need help with an equipment loan for a cruise ship in New Orleans. The business is operational. Needs capital to handle business expense. He owns the ship free and clear and needs 6MM. An lease back if possible or an asset based loan on the ship itself. The cash value is 22M if someone can help send me an email at support@launchpadbizdev.com
-
01-19-2018, 11:16 AM #2
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,995
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
Office: 727-233-1111
Skype: fc-financial
-
01-19-2018, 11:19 AM #3
- Join Date
- Jun 2017
- Posts
- 2,049
He Clearly Said, Leaseback.
Ship is Owned.
I understood.
-
01-19-2018, 11:22 AM #4
- Join Date
- Jan 2016
- Posts
- 435
-
01-19-2018, 12:02 PM #5
this isnt the cloud 11 shis is it ? they approached me about lending them money - problem is there are different laws when it comes to maritime and most ships are not US flagged and the other problem is " THEY CAN FLOAT AWAY ".... Good luck.
Jerry Starr
Insource Funding
433 Plaza Real,
Boca Raton, Fl 33432
P: 800-805-3391 Fx: 561-270-6895
insourcefunding.net
WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL
◆ 50% LTV - No Fico Required
◆ 90% CLTV on Purchases
◆ Investment Residential / Commercial Properties
-
01-20-2018, 03:32 PM #6
- Join Date
- Jun 2014
- Location
- Houston Tx
- Posts
- 97
No Jerry it's not the cloud !! ship. This one is in Louisiana and is owned by a client of mine who is looking to cash out the boat to start a new operation. He said his NOI is 8.3 yearly...The ship is worth 19.3M
Similar Threads
-
$400,000 Commercial Purchase in NY @ 90% LTV. Who Can Do This?
By Fundyman in forum Deal BinReplies: 7Last Post: 06-28-2017, 12:42 PM -
Really Different Commercial Deal
By PJLamar38 in forum All Other LendingReplies: 1Last Post: 05-05-2017, 09:51 PM -
Can anyone fund Cruise ship in Denmark?
By FCP in forum All Other LendingReplies: 3Last Post: 04-14-2017, 09:36 PM -
Worlds best exlusive MCA leads available from Point Click Ship LLC
By Brian Lawrence in forum PromotionsReplies: 0Last Post: 02-14-2017, 03:08 PM -
Commercial cash out
By patrick.bruscia in forum Deal BinReplies: 7Last Post: 06-13-2015, 09:46 AM