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05-09-2018, 05:27 PM #1
Reputation points: 10
- Join Date
- Apr 2016
- Posts
- 8
Need $200,000 in Equipment Financing for profitable 5 year old construction firm!
My client , a Design/ Marketing / Construction Firm is looking to finance two pieces of equipment which totals $200,000.
The actual value of the Cannon equipment is in excess of $450,000.
Founded in 2013, the firm has shown increased revenue and profitability each of the prior 4 years.
Please note # 1 the client currently has $4,000,000 in signed contract for 2018.
Please note # 2 In 2017 Client had $225,000 in interest expense from a cash advance. That balance is currently paid off. Hence it frees up an additional $4,000 a week in cash flow. ( That are not interested in a MCA funding only equipment lease )
Finally, the principal had a BK in 2013 will that be a problem? His current score is 640.
Year Revenue Profit
2017 $1,941, 110 $385,031
2016 $1,452,595 $158,586
2015 $1,099,753 $110,000
Need to move on this opportunity quickly as the equipment is heavily discounted and there are other suitors lining up.
Warmest Regards,
Ed Felder, Jr.
813 245-3293
2TheFundingGuy@gmail.com
TheFundingGuy.com
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05-10-2018, 08:10 AM #2
Everlasting Capital can take a look at this. Feel free to call 888-777-8144 x1 and ask to speak with Brad White.
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