Looking for $500,000 with a 5 year term.

[Michael Slabitcher]

Hi,

Below is the company's information;


Industry: Aeronautical Maintenance Services.

Years in business: 4

Average Monthly Deposits: $250,000

Credit: 90% owner has excellent credit. 10% owner has a bankruptcy filing.

Current debt: 2 MCAs. $43,000 and $89,000.

Use of funds: Equipment and Inventory Purchase.

Assets: $8 million in equipment.

NSF: 2 (last 4 months).

Negative Days: 6 (last 4 months).



Please let me know if any additional information is needed. Your recommendations and feedback are greatly appreciated. Thank you.

Michael Slabitcher
mslabitcher@slabitcher.com

[kevinhenry0527]

Hi,

Below is the company's information;


Industry: Aeronautical Maintenance Services.

Years in business: 4

Average Monthly Deposits: $250,000

Credit: 90% owner has excellent credit. 10% owner has a bankruptcy filing.

Current debt: 2 MCAs. $43,000 and $89,000.

Use of funds: Equipment and Inventory Purchase.

Assets: $8 million in equipment.

NSF: 2 (last 4 months).

Negative Days: 6 (last 4 months).



Please let me know if any additional information is needed. Your recommendations and feedback are greatly appreciated. Thank you.

Michael Slabitcher
mslabitcher@slabitcher.com

How much AR is outstnding?

[North-Shore-Cap]

I can help with this one. Just email me back.

[Cooper]

http://www.michael.gokapital.com

Email: michael@gokapital.com

Cellular; 615-500-2147

Hope we can do business together.

[Michael Slabitcher]

The company conducts business with a factoring company already. Thank you.

[kevinhenry0527]

The company conducts business with a factoring company already. Thank you.

Michael,

Since we are bank owned our cost of capital is usually more cost effective than most factoring companies. We can also include inventory and equipment as an accommodation to an AR facility which most factoring companies will not entertain. The combination of savings and liquidity from financing inventory and M&E might just work and is probably worth a conversation. Kevin.Henry@SeacoastBF.com.

Best,

Kevin