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12-09-2016, 09:19 AM #1
- Join Date
- Apr 2014
- Location
- Chicago, IL
- Posts
- 185
$300,000 Consolidation
Hello Everyone:
I have a large defense contractor trying to consolidate 3 loans between two companies that he owns, both doing the same thing. One company he uses for debt service and liability, the other reports all the profits. The revenues exceed $6M between the two of them. He's currently paying up to $3500 per day. Wants a monthly pmt or a weekly pmt chopping his expenses down.
I sent this over to the usual suspects (Funding Strategy, Funding Circle, etc) and they are having issues with the structure of the debt on one company vs. the revenue/assets on the other. Though the file has not yet been declined, I'm getting a little skiddish.
I seek someone else who is more creative on this deal. I can do co-brokering but you must be open with me about where you are taking the file. PM me asap. Want to fund this next week.
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