Results 1 to 5 of 5
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03-06-2023, 06:56 PM #1
- Join Date
- Jun 2020
- Posts
- 56
Equipment loan needed for tour buses
I have a client who owns a transportation company that has been in business for several years and in 2021 generated in excess of $4MM and just under $5MM for 2022. The company is looking to purchase 6 tour buses that will add $2.6MM in revenues with business already committed. The cost of the buses is $5.8MM. The company is looking for 80% financing or, $4.64MM. Here comes the sticky part. The loan MUST be strictly based on the company financials and the company without factoring in the company owner's personal information. He will not sign a Personal Guarantee. He has 84 buses used for charters and has never had to sign a PG. The company will pass any credit check. If you can do this, let me know. No issues with providing tax returns provided they are sent to a direct lender.
Let me know if you have any questions or think you can do this.
Tom Harrier
Integrity Commercial Loans
broker@tomharrier.net
407-928-8542
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03-06-2023, 07:01 PM #2
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,877
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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03-06-2023, 07:15 PM #3
Reach out to Tony...if anyone can figure a way he can...
Tony Borchello
General Manager
Finance It Forward
phone: (888) 211-2192
tony@financeitforward.comSteve Benjamin
Professional Business Loans
1012 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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03-06-2023, 08:09 PM #4
- Join Date
- Jun 2020
- Posts
- 56
Yes, it is a "C" Corp.
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03-06-2023, 08:15 PM #5
- Join Date
- Jun 2020
- Posts
- 56
Thank you, Steve. I will give him a call tomorrow.
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