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04-14-2016, 12:31 PM #1
- Join Date
- Apr 2016
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Equipment Financing
Hi I have a merchant who owns a junkyard which grosses 1.2mm yr and has inventory worth 1.8mm as well as two licenses valued at 300k. He has a buyer for the business,wants to get lent on his equipment and have the buyer pay it off . He has no problem being personally liable for the loan. He is looking for 1.8 mm but will take whatever he can get and the buyer will fund the rest himself.
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