$1mm+, only 20% ownership
Need a Funder or Vendor? START HERE

Results 1 to 2 of 2
  1. #1
    Senior Member Reputation points: 226631
    Join Date
    Feb 2017
    Posts
    3,418

    $1mm+, only 20% ownership

    I can do this without a co-broker (and it appears that I have to since I just signed an NDA), but it would be helpful to have an incite who can do a deal:

    The CEO owns 20%, other owners are 10% or less, and there's about a dozen of them, and they likely won't sign. LLC, I am hoping the CEO has final say on the fiscal information. They're doing $2mm/month, they need about $1mm, and this is their low season.

    They are looking for money within a week to rev up for the season.

  2. #2
    Senior Member Reputation points: 226631
    Join Date
    Feb 2017
    Posts
    3,418

    PS: They have $6mm of inventory in frozen fish (3 year shelf life)

Similar Threads

  1. 50% Ownership
    By Daniel Foster in forum Deal Bin
    Replies: 3
    Last Post: 10-03-2019, 07:37 PM
  2. Fund with 33.33 ownership
    By patrickw in forum Merchant Cash Advance
    Replies: 12
    Last Post: 07-25-2018, 07:31 PM
  3. 50% ownership MCA
    By PJLamar38 in forum Deal Bin
    Replies: 9
    Last Post: 05-16-2018, 02:02 PM
  4. 42% Ownership
    By lendinghand in forum Merchant Cash Advance
    Replies: 22
    Last Post: 06-12-2016, 07:31 PM
  5. Only 35% Ownership
    By Vfunding in forum Deal Bin
    Replies: 3
    Last Post: 04-30-2015, 02:03 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

LegalZoom partners w/ businessloans.com
iBusiness Funding acquires Funding Circle
Fintech Nexus is shutting down


DIRECTORY