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10-02-2020, 02:43 PM #9
- Join Date
- Apr 2014
- Location
- Washington DC
- Posts
- 421
Is it 11% an APR or some BS 11% CoC? What industry of clients? If commercial, u need to go to a bank that factors, such as Kevin Henry’s bank (assuming these are factor-able invoices). If government, I know Breakout can help on that or u can go to government factors. But I agree with others, your WACC is going to above 8% without a full refinancing, and with a factor, that would require a substantial amount of their revenue generated via invoices from AAA-credits.
Why can’t he refinance with a bank loan?Carl Fairbank
Founder & CEO boldMODE
www.boldmode.com
Carl@boldmode.com
Founder & former CEO of Breakout Capital (sold to SecurCapital in 2019)
www.breakoutfinance.com
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