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  1. #1
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    Weirdest Business

    What's the weirdest or most "interesting" business that you've ever been involved with funding?

    My new record came in the last few weeks. We're arranging $200k in personal loans for a company that sells frozen deer urine to help hunters.
    Micah Markowitz | mmarkowitz@abfunders.com | 855-33-GO-ABF (direct)

  2. #2
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    I think that takes the prize... I had a company selling camel milk for $20 per pint.

  3. #3
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    someone that was renting out chickens was weirdest i ever had

  4. #4
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    The business is interesting, the weird part of the deal was I told the owners to walk away from the deal. At the time they were doing about $3mil in revenue and growing quickly. I was hired as their advisor to seek capital for marketing/growth. They did not want any debt on their books so we entertained equity partners. They were offered $3Mil for a 30% equity ownership in the business from a Family Office who had an investor that was one of the larger distributors in the industry. After a few negotiation, I advise they walk away, obtain small LOC to help with cash flow, an grow the business on their own. Fast forward 8 years.... $100Mil business that sold for 10x revenue. They kept their ownership throughout the entire lifecycle of the business. My comp was cash for advisor fees/success fees with a tiny equity kicker if I kept the cash fees low.
    Sometimes the best deals are the ones you walk away from.......
    Seacoast Business Funding, a division of Seacoast Bank
    Kevin Henry-VP Business Development
    Kevin.Henry@SeacoastBF.com
    561-623-1872
    www.seacoastbf.com
    Boynton Beach, FL

  5. #5
    Quote Originally Posted by abfunders View Post
    What's the weirdest or most "interesting" business that you've ever been involved with funding?

    My new record came in the last few weeks. We're arranging $200k in personal loans for a company that sells frozen deer urine to help hunters.
    Porn studio
    Grabbin you by the Big Mac

  6. #6
    Member Reputation points: 2280 Magicmike18's Avatar
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    I had dom hotline recently. Lady was bringing in crazy revenue too. Just weird to me people pay and actually enjoy shit like that lol

  7. #7
    Member Reputation points: 7973
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    Wow! I thought I had a unique one (gentlemens club) but after reading this thread I feel like a Plain Jane.

  8. #8
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    McDonaldTrump, did you conduct a site inspection?

  9. #9
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    Quote Originally Posted by Kevin Henry-Seacoast View Post
    The business is interesting, the weird part of the deal was I told the owners to walk away from the deal. At the time they were doing about $3mil in revenue and growing quickly. I was hired as their advisor to seek capital for marketing/growth. They did not want any debt on their books so we entertained equity partners. They were offered $3Mil for a 30% equity ownership in the business from a Family Office who had an investor that was one of the larger distributors in the industry. After a few negotiation, I advise they walk away, obtain small LOC to help with cash flow, an grow the business on their own. Fast forward 8 years.... $100Mil business that sold for 10x revenue. They kept their ownership throughout the entire lifecycle of the business. My comp was cash for advisor fees/success fees with a tiny equity kicker if I kept the cash fees low.
    Sometimes the best deals are the ones you walk away from.......
    ....what?
    Funded

  10. #10
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    Just remembered that I was involved with the companies that own camping.com

    Also was involved with another company that is providing a platform for the competitive video game (e-sports).
    Micah Markowitz | mmarkowitz@abfunders.com | 855-33-GO-ABF (direct)

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