$250k against equipment - who can do this
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  1. #1
    Senior Member Reputation points: 34509 Jstarr's Avatar
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    $250k against equipment - who can do this

    I have a client that is looking for $250,000 and is willing to secure and cross collateralized there deep sea exploratory equipment valued and appraised at over a million dollars.. they are even willing to allow us to lock it up until the note is satisfied they're looking for short term 7 or 8 months.

    last years tax returns $750,000 he also has a tremendous amount of outstanding purchase orders

    Message me

  2. #2
    Jerry -

    I have a resource if you want to team up.
    I also sent you a message last week.
    Founder ACA Academy - Educating Sales Professionals to Succeed in the Alternative Lending Industry

    Author of Forthcoming Book - "The Lil' Black Book"

    klamere@acafundingusa.com
    (608)312-3685


    To see Keith's LinkedIn Profile Click Here ------->https://www.linkedin.com/profile/vie...ve_tab_profile

  3. #3
    Banned Reputation points: 4530
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    Ann Arbor, Michigan
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    underwater equiopment

    Quote Originally Posted by Jstarr View Post
    I have a client that is looking for $250,000 and is willing to secure and cross collateralized there deep sea exploratory equipment valued and appraised at over a million dollars.. they are even willing to allow us to lock it up until the note is satisfied they're looking for short term 7 or 8 months.

    last years tax returns $750,000 he also has a tremendous amount of outstanding purchase orders

    Message me
    this sounds like it might work much faster with an operational loan/.

  4. #4
    Sounds like a WBL type of client. Does the client happen to have any Real Estate with available equity or vehicles owned outright?

    If so WBL will fund 2x the average monthly balance on our base program and 3x on our business line of credit program. I also have a resource for purchase order financing.

    Give me a call to discuss options.

    PHILLIP MUSSA
    Account Manager

    World Business Lenders: Orange Branch
    1820 W. Orangewood Ave
    Suite 205
    Orange CA 92868

    Direct & Fax: (714) 988-4610
    Email: Pmussa@wbl.com
    Last edited by Phillip Mussa; 06-01-2015 at 02:29 PM.

  5. #5
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  6. #6
    Senior Member Reputation points: 14
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    Quote Originally Posted by Jstarr View Post
    I have a client that is looking for $250,000 and is willing to secure and cross collateralized there deep sea exploratory equipment valued and appraised at over a million dollars.. they are even willing to allow us to lock it up until the note is satisfied they're looking for short term 7 or 8 months.

    last years tax returns $750,000 he also has a tremendous amount of outstanding purchase orders

    Message me
    Hello,
    Shoot me and email and talk nathaniel@instafundllc.com
    If interested I need the following
    List of the asset with model,year and purchase amount.
    Nathaniel

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