RV Park - Dallas

The owner needed access to the equity in the company he owns. He had to get out from under the current loan option he was maintaining and get into a new one. He was referred to us through a banker. The owner had credit scores below 550. The business cash flow was enough to cover business expenses. One home is located on the property; the rest is over 4 acres of land used as an RV Park. Texas Funding Solutions was able to provide an offer to the client of $350,000.00 for a term of 5 years, with a balloon payment due thereafter. The payments were amortized over a period of 25 years. Interest was less than 10%.

Oil and Gas Company Acquisition

Oil and Gas Company Acquisition involving oil, land, buildings, equipment, operations, and personnel. The mother company was leaving a particular state and liquidating completely from the state and the business and assets were being offered to a group of the employees. Produced an LOI for $6.5 MM, this covered all the assets and business operations only, the oil was not touched. 3 separate buyers in the group and the offer was amortized for 25 years with 2/5 year term with a balloon. The interest rate was less than 10%.