Results 1 to 3 of 3
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06-07-2019, 03:30 PM #1
- Join Date
- Dec 2013
- Posts
- 20
Race cars as collateral
Need a hard money line of credit against the following asset types: prototype racecar and simulator racecars as collateral.
The merchant, a highly qualified and seasoned expert in the European and American racing world, needs a quick 500k-1M to launch a major new cycle of an existing, tested and ready to race team/equipment. This relatively small amount of funding triggers major marketing and sponsoring budgets, television distribution, extremely rewarding side-activities (licensed merchandise, clothes, toys, equipment), existing partnership with a major gaming network as well as the biggest gaming platforms, existing partnership with major US toy producer, federal educational STEM programs and more.
Given the extremely sensitive nature of this deal, NDAs will be necessary before more details can be given.
Thoughts?
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06-10-2019, 09:52 AM #2
- Join Date
- Apr 2019
- Posts
- 318
stip: test drive around track required
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06-12-2019, 12:06 PM #3
- Join Date
- Apr 2019
- Posts
- 21
Is there a purchase order attached to this new venture? If so we can look at providing the client a LOC using the equipment as leverage, proceeding that we will than have any P.O fulfilled using a structure of combined capital (95%-5% generally), contact me today and I will have a solid opinion as to whether or not this is feasible,
David Sica
Director of Strategic Partnerships
AllFi Solutions Inc.
Direct: 347.831.4336
Email: Davids@allfisolutions.com
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