Results 1 to 4 of 4
Threaded View
-
02-24-2021, 07:40 PM #1
- Join Date
- Oct 2020
- Location
- Philadelphia, PA
- Posts
- 3
Funding for Service biz in Orlando, FL
Hello,
I have a client in the following situation
Does not qualify for SBA and is located in Orlando, FL
Service Business is valued at 700k
Buyer putting in 163k
Seller note $175k
Seller equity roll $25k
Unsecured funds needed - $337k that the borrower will put in a PG for
The Business has equipment as collateral (not 100% value to loan)
Borrower is open to multiple structures and is not rate sensitive, but prefers I/O with balloon
Exit plan would be to refinance them into SBA
Term would be ~24 months
Happy to discuss more with any qualified DIRECT LENDERS
Any recommendations are appreciatedHas
Business Consultant/ISO
Cambay Business Advisors
Cell: (484)367-5254
http://www.cambaybusinessadvisors.com
has@cambayfinancial.com
16 N Bryn Mawr Ave # 212
Bryn Mawr, PA, 19010
Similar Threads
-
Operations Help Needed in Orlando FL
By Esteban2000 in forum Help WantedReplies: 0Last Post: 05-04-2020, 04:44 PM -
Any lenders/brokers in Orlando?
By ghosthand in forum Merchant Cash AdvanceReplies: 2Last Post: 12-17-2019, 12:34 PM -
Orlando/Jacksonville FL
By BetterBizLoan in forum Merchant Cash AdvanceReplies: 3Last Post: 09-18-2019, 12:27 PM -
NACLB-Orlando
By Kevin Henry-Seacoast in forum Everything elseReplies: 4Last Post: 10-25-2017, 05:02 PM -
Quickest funding & best customer service
By omayradj in forum Merchant Cash AdvanceReplies: 3Last Post: 03-06-2015, 01:58 PM