Results 1 to 8 of 8
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06-04-2024, 01:57 PM #1
- Join Date
- Jan 2024
- Posts
- 14
Equipment Funding for Bitcoin Mining Servers & Computers
Client seeking $1.9MM for Bitcoin Mining servers and computers. Client's firm has 25 percent for equity injection. They are a start-up and prefer no Personal Guarantor if possible (Already know that's probably a long-shot).
Please advise if interested.
Thank you
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06-04-2024, 02:02 PM #2
- Join Date
- Feb 2017
- Posts
- 3,450
This sounds like you're fishing for raising equity. I'd be very careful here, there are a lot of literal laws in place unless you're properly licensed. If you aren't, then please specify.
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06-04-2024, 03:58 PM #3
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- Jan 2024
- Posts
- 14
I am not searching for equity, so your assessment is incorrect. For future reference, please do not respond to any of my post as I am well aware of compliance\ and licensing requirements.,
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06-04-2024, 04:27 PM #4
- Join Date
- Feb 2017
- Posts
- 3,450
My apologies, no need to try to cancel me. You just mentioned a "25 percent for equity injection" which sounded like they're looking to sell the equity and they're a startup looking for $1.9mm with no PG, so it sounded to me like an equity deal. If I was wrong, I'm okay being wrong. Either way, as a startup needing those numbers, I normally just tell people that this deal is an equity deal, and I don't do equity.
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06-04-2024, 04:34 PM #5Nick Hubbard
Senior Loan Advisor
314-252-0299 - Office
314-885-2262 - Direct
nick@elitefactoring.com
www.elitefactoring.com
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06-04-2024, 04:37 PM #6
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- Feb 2017
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- 3,450
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06-04-2024, 05:21 PM #7
From my buddy Tony:
"I have done similar before it really depends but more likely PG is needed.
Send it I can review and tell you. "
Tony Borchello
First Financial
(888) 211-2197
mobile: (949) 800-5767
tonyb@firstfinancialweb.comSteve 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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06-04-2024, 10:33 PM #8
- Join Date
- Oct 2022
- Posts
- 291
I love this! I am highly interested.
Elon Henek
HCI - Glen Cove, NY
Main: 1-516-676-1854
Cell: 1-516-236-4086
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