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06-08-2020, 10:04 AM #1
- Join Date
- Feb 2017
- Posts
- 3,347
Equity in airplane repair company
Not really a lending request, but its connected.
I was able to accomplish the most incredible deal last week, saving 28 hard working Americans their jobs, by helping my client, someone already involved in that industry, to purchase a similar business that was foreclosed upon by the bank, and would have been liquidated had it not been for our efforts. Special thanks to Rob Destefano at WBL, the teamwork on this deal was absolutely incredible.
That being said, his CFO described this as "white knuckle" time. Due to some competing brokers who made bad promises, he's in need of $300,000 - $500,000 of equity. My client has taken companies from bankruptcy to amazing success before, "This ain't his first rodeo."
INDUSTRY: Airplane Repair and Overhaul, Product Distribution, Commercial and Military Applications. He also converts passenger to cargo and vice-versa.
Kevin, don't worry, I'm following the law, I'm doing my duty to help my client. He really does need $300,000 - $500,000, for which he will provide equity to make this an easy transition, which translates into UP to 5% of equity. He doesn't care if there's 1000 people putting up $500, and even $50,000 would be helpful at this point. He has $15mm of government and commercial contracts he needs to fulfill, and wants to make it easy.
He will NOT take a loan at this stage. He is only offering equity, which will be some sort of preferred stock with year-end payouts on the profits.
Email me, I can send you more information.
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