3.4 Million

**Emccusker0803** · 08-18-2021, 03:14 PM

Looking for a source to fund a 3.4 million deal, Deposits over 40 mill ann

**Hedley Lamarr** · 08-18-2021, 03:15 PM

Originally Posted by Emccusker0803

Looking for a source to fund a 3.4 million deal, Deposits over 40 mill ann

Industry?

**JCLoomis** · 08-18-2021, 03:17 PM

Good day,
We might be able to help. Will need some more information. Please contact me at: 623-466-4386. Thank you for your time.

Jim

**Emccusker0803** · 08-18-2021, 03:17 PM

Online sales of specialty items, sell to Gov't agencies and Military

**Emccusker0803** · 08-18-2021, 03:22 PM

It is for a partner buy-out,,

**Yankeeman07** · 08-18-2021, 03:38 PM

Originally Posted by Emccusker0803

Looking for a source to fund a 3.4 million deal, Deposits over 40 mill ann

SBA could be an option:

How do I use the 7(a) loan?
Basic uses for the 7(a) loan include:

Long- and short-term working capital
Revolving funds based on the value of existing inventory and receivables
The purchase of equipment, machinery, furniture, fixtures, supplies, or materials
The purchase of real estate, including land and buildings
The construction a new building or renovation an existing building
Establishing a new business or assisting in the acquisition, operation or expansion of an existing business
Refinancing existing business debt, under certain conditions

**Hedley Lamarr** · 08-18-2021, 03:40 PM

Originally Posted by Emccusker0803

It is for a partner buy-out,,

Happy to take a look. khenry@snb.com

**Danielnathfunding** · 08-18-2021, 03:57 PM

just funded a million dollar deal same day. Send over to see if this is something we can do

**Bcooper** · 08-18-2021, 03:59 PM

Originally Posted by Danielnathfunding

just funded a million dollar deal same day. Send over to see if this is something we can do

he did this for me at the beginning of the month he's not lying ibex is a great lender to work with and can get it done

**Hedley Lamarr** · 08-18-2021, 04:22 PM

A 40Mil company would likely have at least 4.5Mil in receivables outstanding. If the financials seem OK, it would probably qualify for a 5Mil ABL facility or Ledgered ABL facility. Larger if we include inventory. Either way, they would likely not pay more than 8% APR all in.......

Now for those that replied..... Can any of you stroke a $5mil check at 6-8% APR? Probably not.....

**Bcooper** · 08-18-2021, 04:45 PM

Originally Posted by Kevin Henry

A 40Mil company would likely have at least 4.5Mil in receivables outstanding. If the financials seem OK, it would probably qualify for a 5Mil ABL facility or Ledgered ABL facility. Larger if we include inventory. Either way, they would likely not pay more than 8% APR all in.......

Now for those that replied..... Can any of you stroke a $5mil check at 6-8% APR? Probably not.....

its not could we its do we want to the answer is no i want more money than 7-8% personally

**CobaltFunding** · 08-18-2021, 05:02 PM

Cobalt can pull this off.
Send me an email to discuss.

**Jimmy C** · 08-20-2021, 08:31 AM

We do 5k to unlimited.
jimmy@sigicancapitalcorp.com

**Hedley Lamarr** · 08-20-2021, 08:57 AM

Originally Posted by Jimmy C

We do 5k to unlimited.
jimmy@sigicancapitalcorp.com

JimmyC..... Just some friendly advise. Blindly spamming every tread in the forum can be real annoying. If you have an unlimited source of capital, perhaps you can spend a few bucks to get your website working.

KH

**DanielV** · 08-20-2021, 10:47 AM

^^

**Jimmy C** · 08-25-2021, 10:00 AM

We can fund any amount.
jimmy@sigicancapitalcorp.com

**Jimmy C** · 08-25-2021, 10:08 AM

The hostility is unnecessary and unprofessional. We're all here to make money. I spent a lifetime building partnerships with many different banks, investors, lawyers who can restructure stacked clients and underwriters. This enables us to offer over 20 different products. I can turn your declines into deals.
If you would like to make some money together, try me. Thank you Kevin.

**Hedley Lamarr** · 08-25-2021, 10:24 AM

Originally Posted by Jimmy C

The hostility is unnecessary and unprofessional. We're all here to make money. I spent a lifetime building partnerships with many different banks, investors, lawyers who can restructure stacked clients and underwriters. This enables us to offer over 20 different products. I can turn your declines into deals.
If you would like to make some money together, try me. Thank you Kevin.

That's gonna be a hard pass Jimmy C

**Jimmy C** · 09-04-2021, 03:43 PM

We fund unlimited amounts. What assets do they posses? Property, equipment etc.

Jimmy@sigicancapitalcorp.com

**vccae.drice** · 09-08-2021, 04:42 PM

Originally Posted by Emccusker0803

Looking for a source to fund a 3.4 million deal, Deposits over 40 mill ann

My company funds up to $5m. Send me an email with the details ... drice@velocitymortgage.com

Thread Tools

Display

3.4 Million

Similar Threads

Oilfield and pipeline firm seeks 1 million loan on 3 million of equipment

Seeking 5 million to 500 million dollar lenders/hedge fund financiers.

250k monthly sales, with 1.5 Million property value, seeks 1 million mmj industry

2.4 million annual (cannabis) seeks a term real estate loan 75 LTV for 1.25 million

5 million in commercial real estate to secure 2.5 Million on a 30 year term

Posting Permissions