Results 1 to 5 of 5
Hybrid View
-
12-05-2016, 11:51 AM #1
- Join Date
- Oct 2016
- Posts
- 45
Asset Based Lender - looking for $1.6M in asset
Merchant has about $3.5MM in equipment (has an appraisal)
TIB:10 years plus
Industry: manufacturing
Manufacturing Equipment: encumbered/free and clear
Amount Requested: $1.2M
Average monthly: $250k - $500k
Thank You
-
12-05-2016, 11:58 AM #2
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
-
12-05-2016, 12:34 PM #3
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Asset Based Lender - looking for $1.6M in asset
Nass, we can also handle this type of client. Since Kevin works for a bank he will always be less expensive then us.
Bob Shaw
rshaw@advancecredit.com
-
12-05-2016, 02:58 PM #4
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 732
try maxim. Unless they have solid AR try one of the above
-
03-21-2017, 10:38 AM #5
- Join Date
- Mar 2017
- Posts
- 6
Hi Nass,
If you are still looking for a home for this deal, at Alliance Funding we can generally come in anywhere from 3-6% on this type of transaction as long as the funding is for equipment. They do not need to be A/R heavy, they just need to cashflow for the last two years. Please get in touch with me if you are still accepting quotes.
dgerson@alliancefunds.com
714-922-7133
Similar Threads
-
Asset Based
By Collection Specialist in forum Merchant Cash AdvanceReplies: 0Last Post: 03-15-2016, 03:23 PM -
Looking for an asset based lender that will do business in Florida.
By rld in forum Deal BinReplies: 1Last Post: 01-15-2016, 02:03 PM -
best asset based lenders?
By SupremeCapitalGroupinc in forum All Other LendingReplies: 6Last Post: 03-31-2015, 10:44 AM -
Anyone do asset based loans
By bostriba in forum Merchant Cash AdvanceReplies: 2Last Post: 03-02-2015, 04:02 PM -
asset based lending
By JeffMulford in forum Merchant Cash AdvanceReplies: 3Last Post: 08-01-2014, 09:56 AM