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10-14-2016, 01:57 PM #1
Business Acqusition Financing
Hey,
Does anybody offer or have a contact on a lender that provides this product?
I have a client that is looking to obtain acquisition capital to purchase a existing dairy farm & cattle operation. The operation they are looking to acquire is grossing $15M a yr in milk sales and $5M a yr in beef sales. Has $10M worth of cattle and equipment & 1600 ac. of land. This farm has had great returns for many years. The farm also has a long term contract with Hilmar Cheese Plant. Clients have 30 plus years in the dairy industry and buy n sale cattle dairy everyday. The total purchase price is $23M, but the sellers are willing to owner finance the remaining if they can come with $15M down. This dairy farm will make money from day 1 of purchase.Last edited by NickHubbard; 10-14-2016 at 02:29 PM.
Nick Hubbard
Senior Loan Advisor
314-252-0299 - Office
314-885-2262 - Direct
nick@elitefactoring.com
www.elitefactoring.com
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10-14-2016, 02:46 PM #2
- Join Date
- Jul 2015
- Posts
- 1,202
Yes. I'll reach out.
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10-17-2016, 02:56 PM #3
- Join Date
- Oct 2016
- Posts
- 7
I would also be interested in a lender that can do such a business acquisition loan. Please post your info on this thread along with any program requirements and restricted industries.
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