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12-16-2016, 04:04 PM #1
- Join Date
- Oct 2015
- Posts
- 26
Equipment Acq; Needs home ASAP; Cust has Merchant Advances
Looking for a home for an Equipment Lease for a Recycling Facility in NJ,
generating about $4,000,000 per year.
They want to purchase and acquire $62K in equipment for Granulators, Forklift and
Blades.
The equipment is being delivered today12/16/2016. They meant
to get the financing in place sooner, but time got away from them.
They have several Cash advances. They have
good gross revenue and bank balances are OK. They
have had some OD / NSF Fee activity, 5-8 / Mo normally, but this has
been happening during 1/2 days per month, not and extended number
of several day. Their overall high Revenues keep
this to a workable level.
Credit is low to mid 600s'. TIB is 6 years.
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12-16-2016, 04:25 PM #2
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Equipment Acq; Needs home ASAP; Cust has Merchant Advances
Will, I can help you by putting you in touch with a gentleman that specialises in garbage and recycling equipment.
Bob Shaw
734.929.3800
rshaw@ironhorsecredit.com
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