Results 1 to 5 of 5
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10-21-2022, 03:35 PM #1
- Join Date
- Sep 2022
- Posts
- 1
13M Trucking Acquisition
I've got a handful of deals, and run a marketing company as well, have a tech company, need some help. I should find a mentor or partner.
Anyway, on deck to place just one of them:
Trucking acquisition, ~ 13M, US based
~8.4 hard assets (trucks mostly)
~2.2M liquid checking/savings
~4.8M existing debt
net income 3.8 / 1.9 w/ depreciation
Borrower 800+ has other assets
Too large for SBA I believe, but I'm a relative rookie - anyone have a home for this?
Roger
415.326.6104
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10-21-2022, 04:44 PM #2
SBA can go up to $5 MM and I have a lender who can go up to $15 MM on a 10 year term loan. I also have private money up to $1 B. So reach out. Usually requires 20% down.
Last edited by Olderguy; 10-21-2022 at 04:49 PM.
Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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10-27-2022, 08:46 PM #3
- Join Date
- Oct 2022
- Posts
- 295
Are you available to discuss this file?
have tried to call you.
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11-03-2022, 02:16 PM #4
- Join Date
- Apr 2021
- Posts
- 121
Sounds like this is a prefect fit for hybrid
Email us today kevin@hybridadvancellc.com
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11-03-2022, 03:28 PM #5
- Join Date
- May 2022
- Posts
- 98
If you can get me an Experian report and 3 year personal and corporate taxes along with the rest of the file, assuming he passes Clear background check, we can do something here. Get in touch.
Our funding Criteria:
- 5k minimum funding
- 6 month Min.time in business
- B, C, D paper
- Offers not based on credit score - low credit ok
- Response time (realistically) as low as 60 minutes
- 1st - 5th position - Up to 38% withhold of net deposits
- As low as 1.32 buy rates
- Terms up to 140 days (weekly's upon approval)
- Max Upsell to 15 points
- Early Payoff Discounts
- 15k a month average revenue
- Minimum of 5 deposits per month
- Minimal stips for contract (VC & ID)
- Docusign Contracts
- We also offer asset/inventory/accounts receivable backed term loans/lines of credit. Not MCA based. Bankable rates.
Michael Ross
Lendbug
New York, NY
Mross@lendbug.com
646-360-0411
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