Consolidation needed 5 positions logistics Company. Advance amount $400K Minimum
Need a Funder or Vendor? START HERE

Results 1 to 9 of 9
  1. #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

  2. #2
    Senior Member Reputation points: 16720
    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

  3. #3
    Senior Member Reputation points: 337126
    Join Date
    Mar 2015
    Location
    Rock Ridge
    Posts
    3,461

    Quote Originally Posted by JayGomez View Post
    Who will be best suited to take on a deal like this?

    Annual Revenue of $16 million
    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

  4. #4
    Senior Member Reputation points: 68233
    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

  5. #5
    Senior Member Reputation points: 30475 Zach's Avatar
    Join Date
    Nov 2013
    Posts
    1,732

    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.

  6. #6
    Senior Member Reputation points: 99408 ridextreme's Avatar
    Join Date
    Dec 2014
    Posts
    1,072

    any more info on the company (state, business start date, city)?

  7. #7
    Senior Member Reputation points: 337126
    Join Date
    Mar 2015
    Location
    Rock Ridge
    Posts
    3,461

    Quote Originally Posted by ridextreme View Post
    any more info on the company (state, business start date, city)?
    Of course not....

  8. #8
    Senior Member Reputation points: 7360
    Join Date
    Aug 2015
    Location
    Boulder, CO
    Posts
    755

    Quote Originally Posted by CreditGuy View Post
    Bankruptcy Court.

    But seriously, probably only WBL or Funding Strategy Partners for a deal that size.
    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

  9. #9
    Senior Member Reputation points: 18402
    Join Date
    Apr 2014
    Posts
    781

    Not happening..he's a stacker. Dan page and Richard Gerard only shot.

Similar Threads

  1. Direct Lender Needed to Fund Logistics Company in Canada.
    By Quick Capital Financing in forum Deal Bin
    Replies: 12
    Last Post: 05-25-2016, 10:55 AM
  2. $400k+ Needed for Trucking Company
    By Gilbadillo in forum Deal Bin
    Replies: 6
    Last Post: 03-15-2016, 02:17 PM
  3. $400K Needed for Night Club
    By NickHubbard in forum Deal Bin
    Replies: 2
    Last Post: 03-05-2016, 09:37 AM
  4. Shipping Logistics Company seeking 1MM
    By Peak Source in forum Merchant Cash Advance
    Replies: 3
    Last Post: 04-29-2015, 02:42 PM
  5. Factoring for Logistics Company
    By lendinghand in forum All Other Lending
    Replies: 8
    Last Post: 04-28-2015, 12:28 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Credibly secures third securitization
Lendica partners w/ EBizCharge
Pipe plans to fund $1B to SMBs


DIRECTORY