INTEL
FV Vantage (FV) assisted a client in the transportation industry with a $800ksecured term loan over 36 months for the buyout of an existing higher interest loan and purchase of additional fleet to take on new ongoing hauls for existing clients that has already been verbally offered and agreed to.
FV was able to align with a fitting secured lender that was able to utilize existing commercial real estate, equipment and cashflow to successfully approve and fund this client.
With this funding, client will be in a position after 60-90 days of acquiring the new equipment and stabilizing the additional revenue and be in a good position for FV to assist with a more productive lower cost loan with potential for discount on early repayment of this term loan. This solution for the client and exit strategy for the lender that FV strategically put together results in a win winfor both the client and lender.
ELEMENTS
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ClientSolutionCollateralLoan To ValueNo. of LoansAmount FundedLoan TermAvg Ann. Rev.PaymentsResultsTime to Fund
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Transportation BusinessSecured Term LoanReal Estate and EquipmentN/AN/A$800k36 months$2MMonthlyDebt buyout + additional fleet to service new ongoing work21 Days
Disclaimer. All quantities and values are approximated. This case study is written as a high-level overview illustrating actual solution provided for educational purposes only. To uphold confidentiality, identifiable information has not been disclosed and all figures approximated. This case study should not be understood or used for any legal, tax or financial advice. Please seek the proper counsel of qualified professionals before making any investment or financial decisions.
