POF deal
Need a Funder or Vendor? START HERE

Results 1 to 7 of 7
  1. #1
    Senior Member Reputation points: 226631
    Join Date
    Feb 2017

    POF deal

    Wacky deal indeed, but it's legit and no risk.
    Client brokers gas & oil. They have operating cash, but a new vendor they're taking on wants to see $125mm in liquid assets. Client wants to take on a JV partner who will not be involved in the running, and the money will NOT leave the account and full 100% control of the JV partner. No PG for the JV, indemnity agreement, whole 9 yards.

    Now, who has $125-$150mm liquid who can do this, right?

  2. #2
    Senior Member Reputation points: 338677
    Join Date
    Mar 2015
    Boynton Beach

    Might be worth a call to Natural Gas Partners in Texas....... The ask is pretty high.
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  3. #3
    Andrew Goldthorpe
    Desk 707.521.0911
    NewPoint Mortgage Wholesale

  4. #4
    looking for a lender for a Hotel construction 18mm

  5. #5
    Senior Member Reputation points: 72961 Olderguy's Avatar
    Join Date
    Sep 2021
    Irvine, CA

    Quote Originally Posted by karen View Post
    looking for a lender for a Hotel construction 18mm
    Flagged or non flagged? Where located? Reach out
    Steve Benjamin
    Professional Business Loans

    522 Contessa
    Irvine, CA 92620
    Broker, Underwriter, general business loan expert

    @ 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.

  6. #6
    Does the client have any collateral that he can put up? If so, I have a guy that may do it.


  7. #7
    Senior Member Reputation points: 1755
    Join Date
    Oct 2022

    How do you want to structure a "Passive" LP in a JR position using debt here? I don't have enough here to say yes or no on the possibility. I am assuming on what you stated in your original message about being ACTIVE or PASSIVE you are indicating an equity instrument here?
    Elon Henek
    HCI - Glen Cove, NY
    Main: 1-516-676-1854
    Cell: 1-516-236-4086

Similar Threads

  1. Replies: 1
    Last Post: 03-14-2022, 01:40 PM
  2. Seeking CA license broker - IOU deal - 100k deal
    By Zonefund in forum Merchant Cash Advance
    Replies: 2
    Last Post: 05-19-2020, 04:00 PM
  3. Replies: 6
    Last Post: 04-18-2017, 02:20 PM
  4. Replies: 9
    Last Post: 04-12-2017, 12:27 PM
  5. Tough Deal or No Deal? Need 3rd position Commercial loan
    By Fundyman in forum All Other Lending
    Replies: 6
    Last Post: 07-01-2015, 12:58 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts


Fed penalizes Evolve Bank
Cloudsquare unveils Cloudsquare Lend
Pipe secures $100M credit facility