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  1. #1
    Senior Member Reputation points: 68233
    Join Date
    Dec 2014
    Location
    Quogue, NY
    Posts
    1,108

    4th Quarter Closings for Brokers 'dead' files

    Happy New Year to everyone..Crazy Year to say the least.

    Here are some of the Business Capital Consultants 4th Quarter Closings-brought to us by Brokers who previously thought files were 'dead.'

    $4.7M
    Arthritis Management Clinic- (3.7M Loan and 1M revolver) refinancing Senior Debt from Pharmaceutical Company and extending term t 25 years from 5 (Large Footprint Bank). Broker Commission $56,400

    $2.1M Logistics Firm Acquisition involving CRE and M&E 25 year AM (Regional Community Bank). Broker Commission $31,500

    $1.1M Subordinating Debt loan to Medical practice (600k unsecured) to satisfy $1M tax lien (Mezzanine lender). Commission $29,000

    $500k Car Dealership in Southwest with Senior Debt and Floor Plan in Place (Family Office Hedge Fund). Commission $10,000

    $1,250,000 Debt restructure inclusive of 400k revolver to firm reduced payments to 2 separate MCA Funders (Regional Community Bank. Commission $30,000

    $600k Stated Income Acquisition rental property in Nashville TN (CRE Lender). Commission $9000

    ------------------------------------------------------------------------------

    That's over $10M in closed files previously dormant-

    Several Others with commitments waiting to close.. Our Value Add to our Partners is our mutual trust/relationships with BDO's and preparing clients for the arduous UW process.

    Feel Free to touch base with Casey Friedricks, our ISO/Partnership Relationship Director @ 914-500-9036 and/or email casey@businesscapitalconsultants.com

    Richard Gusmano

    www.beforeyouborrow.com

  2. #2
    Senior Member Reputation points: 337045
    Join Date
    Mar 2015
    Location
    Rock Ridge
    Posts
    3,453

    Nice work Richard!
    Hedley Lamarr......That's Hedley

  3. #3
    Senior Member Reputation points: 301165
    Join Date
    Jun 2015
    Posts
    3,313

    richard you have been mia on here for over a year , how have you been ?

  4. #4
    This should really excite any iso. That’s only 6 deals, the proficient isos probably see that many submissions in an hour. Think about having the confidence of being able to add this kind of value well above and beyond just a few product offerings.

    I say these things as I’ve worked w BCC for years in this fashion and it’s proven to be extremely beneficial to all our prospects and our iso as there’s nothing that’s really ever “dead”. I gather some extra documents letting the prospects know it’s required to understand what their best path forward in the debt markets are. Usually the borrowers that get it very quickly bring their trusted advisors in; accountants, lawyers and all relevant individuals to the business. What happens is almost like a board meeting , explaining the why and how to move forward. It’s really great service as a lot of borrowers that feel / think there was no hope find it.

    Thanks for your work Rich, hope to find lots of opportunities for us in 2021

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