Results 1 to 9 of 9
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09-20-2016, 12:16 PM #1
- Join Date
- Sep 2016
- Posts
- 1
Consolidation needed 5 positions logistics Company. Advance amount $400K Minimum
Who will be best suited to take on a deal like this?
Annual Revenue of $16 million
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09-20-2016, 12:20 PM #2
- Join Date
- Sep 2014
- Posts
- 430
Bankruptcy Court.
But seriously, probably only WBL or Funding Strategy Partners for a deal that size."Nobody can make you feel inferior without your consent." -Eleanor Roosevelt
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09-20-2016, 12:21 PM #3
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,481
Hi Jay,
Are they financing their receivables through a secured lender? I offer factoring facilities and asset based lines of credit. Perhaps we can structure a more cost effective revolving facility that helps. If they are already factoring, I bet we can improve on their rate which in turn will help.
Best,
Kevin
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09-20-2016, 01:46 PM #4
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
Jay,
Kevin (above) is first rate. My guess is that the client has a factor AND has 400k on top of that in advances. As they are doing $1.25M per month the biggest question is: what is their Gross Profit Margin?
If it is lean the solutions become more challenging- not impossible however. Our Firm works with Funds that deploy their Capital to consolidate these types of files however they will need 100-200% collateral coverage to do so.
Feel free to touch base to see if something can be done for your client..
Best..
Richard 516 510 3855
rg@businesscapitalconsultants.com
775 Park Avenue Suite 255
Huntington, NY 11743
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09-20-2016, 07:15 PM #5
If they have real estate, please send the deal using my email address below. We are likely one of the only options for the borrower.
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09-21-2016, 09:22 AM #6
any more info on the company (state, business start date, city)?
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09-21-2016, 09:32 AM #7
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,481
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10-01-2016, 12:18 PM #8
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
If the client has strong financials then a $400k consolidation does not make me blink. :-)
Feel free to reach out if you would like to discuss.
Best,
Dan Page
Direct: (303) 938-8280
dan@fundingstrategypartners.com
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10-01-2016, 01:47 PM #9
- Join Date
- Apr 2014
- Posts
- 781
Not happening..he's a stacker. Dan page and Richard Gerard only shot.
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