Revolving Credit Line Needed. $20M Cash Available As Security.
Listing ID:16
| Industry: | Entertainment | Funding Type: | Debt |
| Maturity Stage: | Profitable | Year Established: | 2000 |
| Has Business Plan: | Yes | Revenue: | $5,000,000 - $29,999,999 |
| Forecasted Revenue: | 40000000 |
Our clients just got funded. They need more. They have $20 Million available in cash or a cash backed instrument. They need a revolving credit facility up to $100 Million. Any suggestions?
Our clients just received funding of $40 Million. This is in equity. They however need more in debt - up to $100 Million in a revolving credit facility. To secure this, they are willing to use $20 Million in cash or a cash backed security. While we are presently speaking to a few lenders about the requirements of our clients, we always welcome new lenders as we're confident we'll be able to find better rates and terms than what we are presently being offered. Do you have any lenders in your knowledge who might want to consider this? Any leads/inputs/proposals in this regard will be greatly appreciated. Intermediaries are welcome.
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