The ASE Fleet's Weekly Take Off 29
Money Doesn't Grow On Trees, But Debt Might!
Here are 10 great traditional and non-traditional debt/capital options.
Capital Sources Start Here:
$50M+ Deals Get Exclusivity From Our 40 Private Funds Email Me With Deck & Executive Summary!
Finncy is your one-stop shop for business lending.
We offer 7+ different funding vertical solutions, 100+ lenders, one simple application, and no impact on your credit.
We also have the become lender-ready program for credit repair; it's $329 for month 1, then $165 every month after that until $3,500 is paid off. :
We make sure that your entity is registered at the state and federal level
Rebuild your personal credit
Establish and build business credit for you with Ty Crandall
Write a lender-approved business plan for you
Help set up your logo, email, and website
Our mission is to help 3,000 businesses before the end of the decade.
To accomplish that, financial strategy sessions are on the house!
Or, if you already know what loan you're looking for, fill out the form at your convenience:
The Everyone’s Approved Program For Coaches And Consultants
The Fast & Proven Investment Bank for M&A
This investment bank partner has proven itself to quickly fund financially healthy deals.
Typically, we require the following data and materials, see below:
• Deck or Business Plan or Executive Summary
• Cash Balance Sheet or unaudited Financials are fine
• Desired Capital Structure & Size
• Monies invested by sponsors to date in the project or company (rough $$ estimate works) ( This is not enterprise value, but how much money has been invested in the business to date).
We review dealflow every week and move fast, so I am more than happy to take a look.
Our minimums are $1M for Credit, $3M for Debt, & $5M for Equity raises.
(International thresholds are $25M USD)
Financial Model Preparation Instructions
*Lastly* - All financials must be in one PDF with the balance sheet, Cashflow statement, and P&L as a financial model showing the trailing 3 years, and future/proforma 2-year projections. See the attached pictures for an example of what the final submission has to look like. This can be done for you on Fiverr.
Here are the Fiverr instructions.
Hello, I need the attached balance sheet, cashflow statement, and P&L combined into one clean PDF and excel financial model.
Please see the attached images for 2 examples of good formatting.
And all 3 financial statements need the trailing 3 years financials with 2 year proforma projections.
If no pro forma has been made you'll need to find a person that can do proforma projections with 20% growth rate per year for 2 years into the future.
My recommendation is to mirror a Budgeto https://budgeto.com/en/ report format to create these in a professional way. You send them the PDF and Excel versions of the financials: P&L, Cash Flow, and Balance Sheet.
Make the year columns increase from left to right, for example, 2018, 2019, 2020, 2021, and 2022.
SBA & Commercial Lender Cerebro Capital - No real estate financing available!
Submit your application through our link:
What we do is connect investors and companies who need debt-based financing to our network of 800+ middle market lenders (commercial and non-bank – USA Only)
Deal Types: Debt transactions only (we do not facilitate equity deals although are often deployed alongside in M&A transactions). Corporate C&I loans for working capital, growth capital, business acquisition, recapitalizations, equipment financing, etc.
We do NOT work with investments real estate or project financing.
Loan sizes between $2MM - $200MM – To get started, all you have to do is access our FinTech platform and fill out the intake form.
It takes less than 15 minutes to complete. Once you do, our algorithm analyzes the numbers to determine if the deal is viable.
Then, we send it out to our network of lenders. If the deal submitted fits into their investment parameters, they’ll send back term sheets, and you can decide what to do from there. An experienced Capital Markets team assists clients in deal structuring and complex processes.
Real Estate, Construction, and M&A Capital
ASE has NYC partners that will assist investors in a variety of disciplines, including but not limited to office, retail, industrial, multi-family, hospitality, senior housing, and healthcare. We try to provide value for our clients by finding immediate upside or high-yield long-term investments for the properties that they invest in.
M&A - This partner also funds $500K+ M&A deals with a 1.5 + DSCR and a 20% cash downpayment on the total ask. For deals under $5M, SBA will most likely be used.
Financial Education Platform
Let's face it, you're probably paying too much in taxes, and with interest rates going up, it's getting harder and harder to fund deals!
Getting the 10% - 20% down payment for a loan is one of the biggest headaches for M&A, real estate, and all other entrepreneurs. Often we find that our entrepreneurs and senior managers are paying too much money in taxes and don't have the cash available.
ASE has several tax & finance professionals who can help you get in the right position to be able to build up your cash reserves so that you are ready when the right opportunities come up. If you already have deals in place and need help with this, we are happy to make introductions to our network or the professionals who can help you with your situation.
Be ready for that next once-in-a-life team deal with our personal and business financial education platform.
ERC - Coronavirus (COVID-19) Economic Relief Legislation
Has your business been impacted by COVID but still supporting your employees? You could be eligible for a refundable retention credit of up to $26,000 per employee.
The CARES Act was signed into law on March 27, 2020, to address the negative economic impact of the COVID-19 pandemic. Within the CARES Act, Congress created the Employee Retention Credit (“ERC”), a fully refundable payroll tax credit, to provide aid to employers impacted by the COVID-19 pandemic.
ASE has an experienced partner ready to file your ERC application!
Yes, they really lend on data; we thought it was too good to be true too! We have no affiliation.
Meme Of The Week
Post Of The Week
"Look, I'm completely blown away with what you're doing; you guys are phenomenal; you're on the upswing; you guys are killing it. Um, I'm gonna seem like a cheapskate. I'm gonna seem like I'm trying to get something for nothing. Is it a ridiculous idea for us to talk about you selling me your company?" - Chris Voss
Would it be ridiculous to say that I get a 10% equity stake if you close a deal with this script?
First, you lift them up and then lower yourself. So no matter what you ask for, they feel like they're in a position of power. In an M&A deal, you're now in a position for a 100% seller financing or 1x multiple pitch. Or whatever your goal outcome is.
Deals Of The Week
Here are all of our off-market companies for sale and a list of vetted business buyers:
Best viewed on PC for a clickable table of contents on the left.
And bookmark the link. It's a live Rolodex!
*Disclaimer these deals are usually a better fit for a strategic buyer; because great deals don't last very long on here. At the same time, since it's not a public site, there isn't as much competition as public sites. So you ought to check the deal sheet weekly. Reach out to us for the NDA and full CIM on any of these deals*
Financial Architecting Tip Of The Week
The ASE Fleet's Financial Architecting Tool #17
"Debt consolidation rolls multiple debts into a single payment. It can be a good idea if you qualify for a low enough interest rate."
Source: Nerd Wallet
Leverage 100+ Lenders to get the best rate for your business.
Financing from $5,000 - $50,000,000
Deal Trophy Of The Week
Business Buyer Of The Week
Here is a list of all of our vetted buyers:
We have a liquid partner in Colorado looking for real estate management companies with 200+ doors.