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Updated over 2 years ago on .

User Stats

11
Posts
2
Votes
Travis Easton
  • Contractor
2
Votes |
11
Posts

25% ROI on $500k loan (securitized)

Travis Easton
  • Contractor
Posted

We are looking for a $500k capital infusion to consolidate debt, increase cashflow, and have capital for new hires and strategic marketing deployment. We are willing to securitize the funds with equity in the company.

We are an established corporation that does high end remodeling and construction in Southern California. We are doing really well and doubling growth year over year.The primary use of funds will be to consolidate 2 loans for around $350,000 that we are paying $74,000+ per month right now. Yes, you read that correctly we are paying a very high amount for that minimal amount of money. The savings is the security on this as we have made all payments and are viable and solvent, but it is constricting our cashflow and we are in need of a better situation.

The rest will be used for marketing and working capital.

We really are looking for a private company, private individual or someone that is not going to be going to traditional MCA loans or business brokers guys. We have gone down that road and it just won’t work out so please do not waste our time if that is all you can offer us.

Desired terms are as follows:
$500,000
25% Yearly Interest Rate
5 year term (could do 3 years but would prefer 5)
No Pre-payment penalty

We have financials and proof of everything. We do great work and this is a total make sense scenario.

Thank you.