[showtime44]

got a guy that needs to purchase a piece of medical equipment that he is getting a great deal on. needs a 325K down payment to secure it. He has secured 5 million in outside funding (internationally) which is coming in over the next 3-4 weeks. I have never really worked on a deal like this so any help is appreciated. He has 1 million in medical equipment he can put up as collateral or he can put up 400K worth of shares in his stock, he is publicly traded.

He is looking for a SHORT term loan of 30-60 days. Thanks for any input.

Monthly revenue is 150K. this piece of equipment would allow him to charge as a clinic which means he can bill medicaid as high as $400 as opposed to the $50 he currently charges

[Kevin Henry-Seacoast]

got a guy that needs to purchase a piece of medical equipment that he is getting a great deal on. needs a 325K down payment to secure it. He has secured 5 million in outside funding (internationally) which is coming in over the next 3-4 weeks. I have never really worked on a deal like this so any help is appreciated. He has 1 million in medical equipment he can put up as collateral or he can put up 400K worth of shares in his stock, he is publicly traded.

He is looking for a SHORT term loan of 30-60 days. Thanks for any input.

Monthly revenue is 150K. this piece of equipment would allow him to charge as a clinic which means he can bill medicaid as high as $400 as opposed to the $50 he currently charges

Billing Medicaid and collecting from Medicaid are two very different animals. I suggest seeking a healthcare equipment finance specialist.

[showtime44]

Billing Medicaid and collecting from Medicaid are two very different animals. I suggest seeking a healthcare equipment finance specialist.

Thanks, which companies do equipment financing? I have never dealt in this field

[Kevin Henry-Seacoast]

Thanks, which companies do equipment financing? I have never dealt in this field

GE is huge in medical equipment financing.

[showtime44]

[Davincinc]

kool

[omegafund]

got a guy that needs to purchase a piece of medical equipment that he is getting a great deal on. needs a 325K down payment to secure it. He has secured 5 million in outside funding (internationally) which is coming in over the next 3-4 weeks. I have never really worked on a deal like this so any help is appreciated. He has 1 million in medical equipment he can put up as collateral or he can put up 400K worth of shares in his stock, he is publicly traded.

He is looking for a SHORT term loan of 30-60 days. Thanks for any input.

Monthly revenue is 150K. this piece of equipment would allow him to charge as a clinic which means he can bill medicaid as high as $400 as opposed to the $50 he currently charges

What type of medical equipment does he currently own? Is it free and clear from UCC / Liens? If the pieces are only worth under 20k each piece than not likely a lender will consider. IF they are larger pieces of equipment with individual values of 75k+ than you might have a lender for that.
Public company and only does 150k monthly revenues? That is odd.
message me if you want to discuss

[DavidM]

Contact me and I'll send over an agreement to you, we're specializing in ABL products and if you can have the full financials sent over to me today and we can look into a ABL for this client,
David Sica
ISO Relationship Manager
AllFi Solutions, Inc
Davids@AllFiSolutions.com
Direct 347.831.4336

[Alleon Healthcare]

I know a few medical equipment lenders but the size is the issue here. If you can find an equipment lender that doesn't mind doing small deals, thats your best bet.