Hi! I'm looking for a lender who will give a working capital loan or term loan using Equipment Only as collateral. The A/R and other assets are already encumbered. The Equipment is tooling and technology assets with cost basis ranging from $8k to $1.3M. Total overall is $12M. They are looking for $4M.
Thanks!!!
Morning, we offer asset-based loans against machinery and equipment, regardless of financials and years in business. Since 1880, Loeb has provided auction and liquidation services for machinery and equipment, appraisals since the 1960’s and asset-based loans since the 1990’s. We also offer debtor in possession financing. carolynm@loebequipment.com 773.496.5712 Book time with Carolyn McClure: Meeting
Depending on the ForcedLiquidationValue - we might be able to fund the deal
Barry’ S
201-201-788-4057
I have someone for you @Anna Bliss , he will respond here shortly.
Yes...if they can service the debt - that will be the issue....reach out.
Sale leaseback will keep it off the balance sheet.
Steve Benjamin
Professional Business Loans
Irvine, CAÂ 92620
SteveProBiz@gmail.com Â
https:/probizloans.net/
949-228-1050