Results 1 to 7 of 7
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03-21-2018, 01:46 PM #1
- Join Date
- Mar 2018
- Posts
- 71
Merchant looking to leverage equipment/575 Credit
Description Current Value Purchased Price Vin or Serial
2003 GMC 2500 $ 10,000 $ 39,451 1GTHK29193E367703
2003 GMC 3500 $ 15,000 $ 37,185 1GDJK39123E100003
2003 GMC 4500 $ 20,000 $ 43,664 1GDE4E1153F505253
2003 GMC 4500 $ 20,000 $ 44,689 1GDE4E1153F500221
2003 GMC 5500 $ 25,000 $ 54,200 1GDE5E1163F508708
2005 Ford F250 $ 10,000 $ 18,032 1FTSX21P95ED07995
2005 Ford F250 $ 15,000 $ 47,289 1FTSW21P75EB95278
2005 Ford F550 $ 15,000 $ 18,700 1FDAW57P55EC36975
2005 Volkswagon Jetta $ 5,000 $ 11,590 3VWST71KX5M634975
2013 JCB 225T Track Skidloader $ 45,000 $ 60,000 1746498
2015 John Deere 3039R Compact Tractor & Loader, Cab & Snowblower $ 40,000 $ 50,000 1LV3039RVEH140636
2015 Bobcat MT55 Mini Skidloader & Attachments $ 20,000 $ 30,000 B38T12001
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03-21-2018, 02:15 PM #2
- Join Date
- Feb 2017
- Posts
- 3,426
Why is his credit so bad?
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03-21-2018, 03:15 PM #3
- Join Date
- Jan 2016
- Posts
- 435
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03-21-2018, 08:49 PM #4
- Join Date
- Mar 2018
- Posts
- 71
Yes and as much as he can get.
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03-22-2018, 09:27 AM #5
- Join Date
- Jan 2016
- Posts
- 435
Top end would be about $40K ish depending on how the appraisals come back, ea. appraisal will probably cost in the neighborhood of $1k. Due to credit this would be a sale-leaseback, not a term loan with equipment as collateral, just to clarify. PM me if you think the client would be interested.
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03-22-2018, 09:29 AM #6
- Join Date
- Feb 2017
- Posts
- 3,426
What's the TIB and how is the business credit? I might know a solution. Send me an email.
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07-14-2021, 01:47 PM #7
- Join Date
- Jul 2021
- Posts
- 74
I can do this. Let me know.
Respectfully,
Jimmy Cannata
Sigican Capital Corp.
Direct: 718-801-1085
Email: jimmy@sigicancapitalcorp.com
Linkedin.com/in/sigicancapital
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