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06-24-2024, 06:10 PM #1
- Join Date
- Mar 2023
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Acquisition loan
Client looking for a unitranche or mezzanine loan for business acquisition.
Business Overview:
Location: Atlanta, GA
Industry: Retail – Liquor Store
EBITDA: $488,000
Inventory Value: $650,000
Loan Request:
Amount: $1,000,000
Inventory Financing: 50% Loan-to-Value (LTV) on inventory
Equity Contribution: $400,000
The requested mezzanine loan will be used to facilitate the acquisition of the liquor store, which has demonstrated strong financial performance and possesses a solid market position in the Atlanta area. The store's EBITDA of $488,000 reflects its profitability and operational efficiency.
In addition to the mezzanine loan, client is committing $400,000 in cash as an equity contribution towards the acquisition. Given the substantial inventory value of $650,000, we are also seeking additional financing with a 50% LTV ratio on the inventory. This combined financing approach will provide the necessary liquidity to support the acquisition and ensure smooth operations post-acquisition.
Any lender willing to look at this please email at mail@fastfinancing.org
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06-24-2024, 06:31 PM #2
What's the revenue?
What's the valuation of the business?
Too jumbled to understand.
You want to use inventory to buy the business...I don't understand this at all.
I'd need to see tax returns of buyer and seller for 3 years
P & L and balance sheet of business 2023 and YTD 2024
PFS of buyer
Schedule of liabilities
Fico score of buyer
etc...
Reach out...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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