Seeking $1m in debt to acquire the assets of a distressed manufacturer. It's a turn-around / carve-out that is not currently profitable (-$140k EBITDA). A larger entity currently owns it and is shutting it down after acquiring it as part of a much larger portfolio. It is not currently a viable stand alone business due to excess overhead. The labor force is unionized but the parent company already has a termination agreement with the Union. Significant assets exist, including heavy production equipment scheduled for auction early next year. The brand has real legacy and value. This could become profitable with reduced, non-unionized labor and a modest pricing increase. Assets available to leverage in the deal- $2m in property consisting of 2 large industrial buildings $2m in inventory $1m in machinery We need roughly $500k of working capital.