Our obsession with funding entrepreneurs resulted in the following scenarios: 

Case: 100%-Financing for buying a Fix-&-Flip property in NJ via a $140K GAP Funding | Total Deal $1M >>

$140K GAP-loan in 3 days to cover the buyer’s down payment and closing costs. 

The total size of the deal was for $1M. Our client was already approved for a Hard Money Loan requiring to come up with a 10% Down Payment + 4% Closing Fees in order to close on the property. We also covered 100% of the Rehab Cost.

Result: 100% Financing. 

No out-of-pocket cash required. 

GAP funding makes property acquisition possible even when upfront capital is tight

-----------------

Case: Asset-Based Line (ABL) for a Medical Transport Company | $1M >>

A medical transport company based in South Carolina grossed $700k/month and owned $600k worth of transport vehicles and equipment.

> Problem: Invoices are paid 2 to 3 months after billing, so creating a chronic cash crunch preventing growth.

> Solution: Line of credit based on business assets. It works like a "Home Equity Line Of Credit (HELOC)" secured by your home's equity, but by your business' assets instead.

> Result: They were funded a $1M line of credit secured by both business assets and accounts receivable (A/R). No bank can fund that way.

-----------------

Case: $300K rehab loan in Detroit, MI >>

Fix and Flip loan for a first-time flipper with no prior experience.

 

The deal: 

• $245K purchase price 

• $80K light rehab 

• $300K total loan 
   

Note that we funded: 

• 90% of purchase 

• 100% of rehab 

Today, it is crazy seeing a first-timer getting 90% LTC, because a few years ago, that was impossible!

-----------------

Case: Working Capital funding for an Aviation company | $150k >>

A small Florida-based aviation firm grossed $220k/month. They needed funds immediately to buy a used plane at a bargain.  

> Problem: The owner's FICO score was below 550 preventing any bank funding. 

> Solution: Working Capital loan funded within 72 hours for $150k over 12 months. His plane was not only bought, but we funded an additional $87K four months later. This funding is fast and short-term.


> Result: Revenue increased over 10% the year after.

-----------------

Case: Asset-Based Loan for a Linen Provider | $18M >>

A commercial linen provider servicing the food & beverage, hotel, agriculture, industrial, and healthcare sectors found itself at a crossroads.

> Problem: After completing an acquisition, the firm faced covenant violations with its current bank due to the sizeable inventory investment required to get the newly acquired company up and running. They were stuck moneywise.

> Solution: Asset-based loan taking into account the nuances of financing linen goods.

> Result: They got an $18M-loan in 4th position after their banker, mezzanine lender, and financial sponsors enabling their new company to go forward.

-----------------

Case: Micro Working Capital for a Retailer in Brooklyn, NY | $30k >>

A small Brooklyn-based retailer was short of funds for a down payment to expand into a new location. 

> Problem: They grossed $50k/month and already took out a $10k-loan. The bank would not budge for additional funds. 

> Solution: Working Capital loan that is fast and short-term

> Result: Within 24 hours, the client was funded in 2nd position for $30k.