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09-06-2019, 12:28 PM #1
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- Join Date
- Jan 2014
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blimps as collateral - 15 airships total value 42 million
I have merchant who owns fleet of airships total combined value of all 15 is around $42,000,000. He owns them outright. Can any direct lenders use this is as collateral being its industry specific. Merchant does good revenue every year, credit is good, looking for about 5-6million. Also has 1 million in real estate equity.
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