Pipeline Contractors & Utility Service

Business Stage
Established Business
Industry
Service
Time In Business
10 Years
Employees
21
Equipment Type
Weak Collateral
Ticket Size
$30K - $50K
Equipment Details
2 Ground Penetrating Radar Units
Equipment Purpose
Replace Old Equipment for Existing Contracts
Weaknesses (Cons)
  • Zero residual value to TEAM- no resale value
  • Corporate tax lien in place- on payment plan
  • Ongoing change in ownership
Strengths (Pros)
  • High revenues
  • Sufficient cash flow
  • Strong management team in place
  • Good TIB
  • High employee count
  • B2B
  • 2 PG’s
  • Recent hire of VP of Finance to improve corporate operations
Creative Solution
Shorter term, higher deposit, 18 month term, 25% SD, 2 PG’s
Team Sales Rep
Martin Lacayo