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02-15-2018, 12:50 PM #1
Reputation points: 1374
- Join Date
- Dec 2016
- Posts
- 37
Severely leveraged merchant seeking creative solution
I have been working with a guy for quite some time, big towing company with 2 positions total of around 97k. They recently had to get a rework on 2 of the positions to avoid drowning. I have a detailed (redacted personal/company info to protect him from being bothered further) write up. Lots of assets in trucks etc, seeking a creative solution to this problem. I am the only loan broker this guy trusts, and I told him I would check on this forum for any creative solutions.
PM me to discuss how this merchant could fix his current situation. Looking for a way to pay off all positions and obtain $20k more (NOT via an MCA)Last edited by SCFunding; 02-15-2018 at 01:07 PM.
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