Results 1 to 5 of 5
-
10-12-2018, 11:03 AM #1
- Join Date
- Sep 2016
- Posts
- 99
ABL for coal
If anyone knows an ABL who would collateralize coal please let me know.
-
10-12-2018, 11:46 AM #2
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,493
Do they have outstanding receivables or are you looking to just finance the coal inventory?
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
-
10-12-2018, 12:03 PM #3
- Join Date
- Dec 2015
- Location
- Texas
- Posts
- 552
henry can you or do you have anyone to lend a start up capital with mineral rights on 2B worth? seeking 1m for a 43-101 in which the 43-101 can draw down on? I have the PPM And mineral right purchase agreement. 1m will ony be needed for 3 months at most, debt or investor play welcomed
-
10-12-2018, 12:20 PM #4
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,493
We cannot finance the mineral rights. I have not done a coal deal as an investment banker in about 8 years and getting deals like that done back then was tough. http://www.resourcecapitalfunds.com/current-portfolio May want to call these folks. The guy I knew there is no longer with the Company. Oxbow might be another call to make.... The Koch Family owns the Company.
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
-
10-15-2018, 04:11 PM #5
- Join Date
- Sep 2016
- Posts
- 99
Similar Threads
-
Coal mining company looking to borrow against equipment worth 2MM
By Peak Source in forum All Other LendingReplies: 5Last Post: 10-29-2015, 04:16 PM -
Coal mining company looking to borrow against equipment worth 2MM
By Peak Source in forum Deal BinReplies: 3Last Post: 09-22-2015, 05:05 PM