Does anyone have experience setting up a credit facility or refinancing

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January 18, 2023

by a searcher from American InterContinental University - Atlanta in 930 Thomasville Rd, Tallahassee, FL 32303, USA

I am looking to set up a credit facility / refinance for the target. Current note is $6M at 18% and I am looking to refinance that plus add another $12M at a lower rate.

The company is running about $6M in EBITDA.

Please email redacted


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Reply by a searcher
from University of Tasmania in Tasmania, Australia
Where are you based? targets current debt to income ratio is healthy. If target has assets your % rate can definitely be brought down to under 8 in AUS. I would suggest having a chat with a few banks in your area. many of them will be more than willing to help write a loan that size.
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Reply by a lender
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA
Thank you Luke. I would love to have a conversation. We are a commercial loan brokerage shop with over 500 different funding partners so we can bring a lot of options to the table. You can reach me here or at redacted
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