Corey had just recently bought 5 or 6 Battery Plus stores financed by a competitor bank who he also took this plumbing deal to. They didn’t want to do this plumbing acquisition as it was too soon for them considering the other acquisition he had just made. That’s why he came to us. Because of his stellar track record of owning multiple business locations already, we felt comfortable with Corey and the new scenario.
This was a pretty simple $1.575 million loan for the purchase of a residential and commercial plumbing company. Let’s keep going Corey!
We Won't Waste Your Time
Let me be blunt. Here at Ivanhoe Capital, we structure deals to close and we don't waste you or your client's time. We want to get deals done and if we can't, we let you know RIGHT AWAY and WHY!