ASSET HEAVY DEAL - HOW TO BEST STRUCTURE FINANCIAL ASPECT
Currently going after an asset-heavy opportunity (~$4M in equipment and $1.5M in Property - both currently debt-free).
I want to structure the deal so that I am able to place leverage on these debt-free assets to the extent that the business's margins can support it and the cash from the financing provide as much of the acquisition price as possible.
Is this "crazy-thinking"?
If this is not a horrible idea, what should I be careful of here?
Will I most likely have to "take possession" of these assets at close and then turn around and finance them or is it possible to line up the financing prior to close?
Are there lenders that specialize in asset lending, specifically equipment and property or am I better off going to the local bank that houses the company's accounts?
I appreciate any and all comments. Happy to take the conversation off-line if needed as well [redacted]