Medical Lab acquisition
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  1. #1

    Medical Lab acquisition

    I have a client who is purchasing a medical lab and is seeking 21.5 million debt to complete the acquisition. Lab has a current valuation of $29.75 million USD. Lab conducts molecular and toxicology testing for Medicaid, Medicare and many transit and governmental agencies. 6 million EBITDA. Anyone out there?

  2. #2
    Senior Member Reputation points: 67918 Olderguy's Avatar
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    I may have someone...can you email me a package?
    Steve Benjamin
    Professional Business Loans

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    Quote Originally Posted by Family man View Post
    I have a client who is purchasing a medical lab and is seeking 21.5 million debt to complete the acquisition. Lab has a current valuation of $29.75 million USD. Lab conducts molecular and toxicology testing for Medicaid, Medicare and many transit and governmental agencies. 6 million EBITDA. Anyone out there?
    Are their shares trading publicly? Or private?

    There is a VC company that will do 1.40-1.70 36-60 months with monthly payments ... DM

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    Quote Originally Posted by GoldStandard View Post
    Are their shares trading publicly? Or private?

    There is a VC company that will do 1.40-1.70 36-60 months with monthly payments ... DM
    A company throwing off 6MIL in EBITA does not need to pay that much for money.
    Hedley Lamarr......That's Hedley

  5. #5
    Quote Originally Posted by Hedley Lamarr View Post
    A company throwing off 6MIL in EBITA does not need to pay that much for money.
    Get in touch. I think we can do something here.

    Our Asset Based Lending Criteria:

    - Non-primary residences only
    - Commercial and investment properties only
    - funding up to 50% LTV
    - Up to 18 month terms
    - Funding in as quickly as 5 days
    - 10 point commission

    Our MCA Criteria:

    - As low as 2k micro 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 LLC
    New York, NY
    Mross@lendbug.com
    646-360-0411

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