Results 1 to 6 of 6
Threaded View
-
08-07-2019, 05:03 PM #1
- Join Date
- Mar 2015
- Location
- Rock Ridge
- Posts
- 3,461
Industry that will need alternative financing partners.
Hey DF,
I am NOT intending to open a political discussion here....just giving out some ideas for those that are eager to go after business in a specific industry.
Weapons and anything related to weapons: Manufacturers, retailers and distributor of guns and ammo have found themselves in a peculiar situation. Banks are running away from the industry while there is demand for product. For the last 18 months traditional lenders (present company included) have avoided the industry due to headline risk.
Ultimately these companies will be forced to find alternative lenders that are willing to lend to the industry. I have seen numerous deals ranging from $250K to well over $30Mil in the industry. All are being told by their banks to seek another lender as they are no longer going to lend to the industry.
Just an idea for those that are willing to put in some work and have the ability to lend to the industry.
KHHedley Lamarr......That's Hedley
Similar Threads
-
Three small business alternative lenders join forces to change the industry
By CHAMP3 in forum Business LoansReplies: 0Last Post: 05-11-2016, 12:19 PM -
PledgeCap - ALTERNATIVE FINANCING
By PledgeCap- A.E. in forum PromotionsReplies: 0Last Post: 04-01-2015, 02:13 PM -
What is the difference between a traditional and alternative method of financing?
By bdshaw in forum Business LoansReplies: 0Last Post: 10-07-2014, 09:20 AM