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09-22-2016, 12:25 PM #1
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- Join Date
- Aug 2016
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Airport FBO 6mm Annual Revenue looking for $125K
I have a merchant that operates as an FBO at an airport (does fuel sales, chartering & plane maintainance/sales) doing about 6mm in annual revenue looking to solve a short term liquidity issue without selling any assets. In business 15 years, owner FICO is 700 and existing unsecured leverage is a $500K LOC which is nearly maxed. Merchant is looking for a term loan, but is also open to a daily products. My normal placement for a deal of this type isn't working due to the industry so I'm posting here to see what else is out there. Please PM me if you think this might fit your box.
Thanks,
Randy
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