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09-01-2020, 04:01 PM #1
- Join Date
- Jun 2020
- Location
- Missouri
- Posts
- 60
Hard money lender wanted for U.S. gold & aggregate mine.
I have a client in AZ looking for a loan of $5MM to refinance both a gold mine and a pumping station, estimated value of $14MM for both. He will use part of the cash out to purchase an aggregate mine for $3.5MM with $1MM down, seller to carry back the balance in second position. That business has assets/equipment worth $8MM+. All properties and assets will be collateral against the loan. There is a current LOI in place to purchase the mine for $10MM with a second buyer offering $5MM for 30 acres of the 87 acres of the gold mine (not the mine itself). The borrower has a high net worth and owns a current business grossing $3MM annually. Please contact me if you have any lenders that would have an interest in this loan.
Tom Harrier
Integrity Commercial Loans
407-928-8542
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