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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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