Boulevard, NY Real Estate News

By Zoran Bozovic
(Senior Commercial Capital LLC )
 Below please find our current outline on corporate debt and equity financing; for your general knowledge. (Secondary Market) PRODUCTS ARE FUNDED NATIONWIDE!    In a nutshell:   (1) For debt financing: a company must be an ongoing concern (no startup) and must have a minimum of $2,000,000 in EBITDA.    Cost of money:       {a} revolver secured by Accounts Receivable, Purchase Orders/Contracts, Inventory, Equipment and other acceptable collateral is Prime Rate PLUS 4 to 5 points (depending on the credit rating of the company and the principal(s).  Real estate is also acceptable as collateral; only commercial or industrial (no raw land).   {b} Mezzanine financing varies from 13 to 18 percent, per annum, depending on the perceived riskiness of the venture.  Mezzanine funding is a function...
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