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08-10-2023, 01:10 AM #1
- Join Date
- Oct 2022
- Posts
- 280
Why are they overleveraged if they paid off all the equipment? I am assuming this is trucking and they need help on debt refi and working capital. I would use my accounting services to help them with R&D Tax Credits for the IP. I would also analyze their financials to look at cashflow since you mentioned that the EQ is LEASED so the debt schedule is low. It seems like an SBA makes sense.
Elon Henek
HCI - Glen Cove, NY
Main: 1-516-676-1854
Cell: 1-516-236-4086
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