[Kevin Henry-Seacoast]

It depends on the industry, how it is structured, and assets to be considered.

-If a holding company owns all the businesses, you can finance at the holding company level and collateralize all assets for all related holding companies,
-If they are separate EINs you will have to finance all of them separately, but the lender will likely have corporate guarantees for all entities.

I do this all the time with asset based lines of credit including AR, Inventory, and M&E. I also do this for factoring or ledgered facilities-same assets.

KH

[ifundtrucking]

Merchant owns two gas stations. Separate entities. One does 250k a month and the other does 450k. He wants to fund the one doing 250k, but it has lower balances. He's willing to put the one doing 450k up for collateral. Looking for MCA deal.

[Kevin Henry-Seacoast]

Merchant owns two gas stations. Separate entities. One does 250k a month and the other does 450k. He wants to fund the one doing 250k, but it has lower balances. He's willing to put the one doing 450k up for collateral. Looking for MCA deal.

Obviously not for us

[AlexPete]

Merchant owns two gas stations. Separate entities. One does 250k a month and the other does 450k. He wants to fund the one doing 250k, but it has lower balances. He's willing to put the one doing 450k up for collateral. Looking for MCA deal.

We will gladly have a look at the file. Send me an email to alex@thorocorp.com and we will take it from there.

[abfunders]

Merchant owns two gas stations. Separate entities. One does 250k a month and the other does 450k. He wants to fund the one doing 250k, but it has lower balances. He's willing to put the one doing 450k up for collateral. Looking for MCA deal.

Are the gas and the convenience store accounts separate? Just throwing this question out there for you to understand that 450k combined vs 450k in just convenience store are completely separate files!

[ifundtrucking]

Yes separate accounts. Separate entities.

[abfunders]

Yes separate accounts. Separate entities.

He has two gas stations, different entities.
I'm saying that funders don't look at the deposits for gas, because the profit margins are SO small.
They need to see the convenience store deposits only.
So what I'm saying more clearly is: Are there 4 bank statements (2 for each), or only 2 (1 for each)?

[ridextreme]

Yes separate accounts. Separate entities.

1. Does the gas station have a convenience store?
2. Do they do auto repair?
3. Do the 250K and 450K deposits include gasoline sales?