Dave had bought a courier service very recently and saw another one for sale that he could easily integrate into the business he had just purchased. It was perfect for him. The lender he had used for the first acquisition said “no way”. They aren’t doing another loan with him till they see a track record of payments. He came to us, and we figured that if he was handling his current business successfully adding another $150K in income after debt service would be a win-win.
We were able to fund the $700K for his expansion and Dave will also be looking at future possibilities as well. Expansion through acquisition can be very lucrative if you find the right opportunities.
Time is the most valuable commodity we have, let’s not waste it!
Click to call us today.
We Won't Waste Your Time
Let me be blunt. Here at Ivanhoe Capital, we structure deals to close and we don't waste you or your client's time. We want to get deals done and if we can't, we let you know RIGHT AWAY and WHY!