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Bridge Loan or Alternate Financing

I am in the middle of trying to close a deal with a Chemical Manufacturer. The owners are ready to retire and have no heirs. The company has been around for 7 years. It has currently 3.2M in revenue with NO advertising. I have another 900K in revenue lined up with other customers, putting the revenue at 4.1M for 2012. The EBITDA is about 750K. The owner is going to finance most of the deal 2.7M over 10 years at 3%, with a balloon at the end. My payments to him will be 150K per year. He wants to retain the building and equipment as collateral, which is fair considering the 3% APR. I have to put 1.25M down. I have some cash and some private stock options, but no where near the 1.25M mark. So here is what I am trying to do, I am trying to find a bridge note for one year at 750K, with a one time 6 month extension clause. Rate not to exceed 20%. I have one other investor who will put up 250K, and I will put up 250K. The business has 350K in AR and 350K in inventory. 770-356-8815

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Answers (3)
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The BAF Group LLC
MD

When you get the deal, let me know. We are looking into dealing with Chemical Manufacturers, for a long term buying proposition. Would like to know about your capabilities.

Feb 7, 2012
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Send me an email at projectfunding95@gmail.com

Feb 7, 2012
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IC Tool Suite
Sarasota County, FL

Hello Dale,

Our program can help to get you there and you may not need the assistance of the owner to carry the note:

Use our Financial Guarantees to Fund Any Projects $10M to $1B

Capital is raised by having stock assigned to you that can be used as collateral to borrow against or sell the stock out right

The stock is insured by 50% through senior life settlements to minimize risk

$125K investment (not an upfront fee) leads to $20M pretax profit in 60-90 days (this is NOT a JV program)

For more info contact:

John Briches 941-447-8370
johnbriches@gmail.com

Jan 6, 2012

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