The business specialized in casino game machine refurbishment and sales, and they were STRONG. The buyer had about 2.5% of project costs in liquidity, light assets otherwise, and a not-so-great personal credit score. He did have a decent amount of managerial experience, but nothing that would really blow you away.
"Yeah.. I won't ever hear from him again." I thought to myself as I got off the phone call. I casually moved the file into the maybe pile, and didn't think twice about following up.
The Paximadakis family called me with nothing more than an idea and a long history of living and breathing the hospitality industry. They had just enough of all the ingredients needed to make a restaurant acquisition, but they couldn't find a way to blend them all together.
Tom called us back in January and had been looking for funding to start manufacturing a new camper trailer he had designed. He called it the Incognito as it really just looks like a pull behind trailer, but inside was complete with everything you'd need to get off the grid for a long weekend.
I get a call from a partner in a daycare in Houston, TX. They were partnering up with two other families to acquire a well established daycare in a community nearby.
Tyler was one of the first clients I talked with after I started sbaloansHQ. He was tossing around the idea of multiple opportunities, and would frequently send properties or businesses over to get my take.
"Hello, my friend" - Every time I call Ramon, that's how he answers. In the last 6 months the tone of his voice hardly changed. Never discouraged, never angry, always pressing forward.
Adam and Jen purchased a piece of land in Maine in late 2019, and had plans ready to build a new car wash. The problem was they needed to finance the entire construction project, the equipment, and get some working capital.
Andy has been a plumber nearly a quarter century. He has spent most of that time working for and growing other peoples companies. This time around, he knew it would be different.
