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05-22-2018, 04:32 PM #1
Reputation points: 10
- Join Date
- Jun 2017
- Posts
- 39
$15,000,000 rush funding
My client was screwed by a broker promising a deal was done when it wasn't.
The run a far that grossed $55M-$60M last year, netting $8M-$10M.
They need $15M for for feed, fertilizer, fuel, labor, chemicals, etc.
The crop is worth $25M - $30M guaranteed return by the USDA for approximately $22M-24M with no liens and is assignable.
The land is worth $100M and they owe only $22M on it.
We need a quick close, and would take part in an advance. Direct Lenders ONLY.
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