$1.6 mill gross monthly - Need Collateral Loan

**TOPISO** · 03-09-2016, 03:44 PM

Medical research firm ($1.6 mill gross per month) was approved for $300k for a 2 year term...only problem was that the firm is still in process reporting 2014 taxes, so the deal fell apart.
Interestingly, the firm has assets over $5 million in medical device testing equipment. Anyone interested in this deal either as an asset backed or straight up mca? CEO is ready to move ASAP, wants to pay off some vendors. Thanks!

**bdshaw** · 03-09-2016, 03:53 PM

We may be able to get an ABL in place.
May I have your contact information so we can discuss the deal details?
Thanks, Bob

**Kevin Henry-Seacoast** · 03-09-2016, 04:29 PM

Originally Posted by TOPISO

Medical research firm ($1.6 mill gross per month) was approved for $300k for a 2 year term...only problem was that the firm is still in process reporting 2014 taxes, so the deal fell apart.
Interestingly, the firm has assets over $5 million in medical device testing equipment. Anyone interested in this deal either as an asset backed or straight up mca? CEO is ready to move ASAP, wants to pay off some vendors. Thanks!

Hi TopISO,

Who are the debtors? Is the Company selling to commercial businesses generating accounts receivables? We might be able to provide a working capital facility that includes AR and Equipment?

Best,

Kevin

**omegafund** · 03-09-2016, 04:42 PM

Look like they have inventory. Depending on the details of the inventory we can do a LOC without AR.

bzuniga@omegafund.com

**Jstarr** · 03-09-2016, 06:14 PM

Do they have Real Estate ? if so we could offer a cash out Re-Fi at about 70% LTV, no income required. good terms and interest only payments Monthly.

**franko75** · 03-09-2016, 07:17 PM

We can do a ABL loan are your free for a call tomm

**Zach** · 03-10-2016, 01:08 AM

If the client has real estate, WBL would be an excellent fit for this deal. We do not look at financials, and we can likely offer this client much more money than any regular MCA lender.

Feel free to send it directly to me or call and discuss.

**bdshaw** · 03-10-2016, 08:06 AM

Good morni,g Franco.
Would you please tell us what company you are with?
Thanks, Bob

**Alleon Healthcare** · 03-15-2016, 05:13 PM

we are direct lenders in the healthcare AR space. If the client has medical AR, please give me a shout

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