|
Server : Apache/2.4.62 System : FreeBSD fbsdweb2.web.rcn.net 14.1-RELEASE FreeBSD 14.1-RELEASE releng/14.1-n267679-10e31f0946d8 GENERIC amd64 User : www ( 80) PHP Version : 8.3.8 Disable Function : NONE Directory : /domains/assetenhance/tombstones/ |
Upload File : |
<!doctype html public "-//w3c//dtd html 4.0 transitional//en"
"http://www.w3.org/tr/rec-html40/loose.dtd">
<!--website by pixellence www.pixellence.com-->
<html>
<head>
<LINK REL="stylesheet" HREF="../aes_styles.css" TYPE="text/css">
<title>Success Story | Billboard</title>
<meta name="generator" content="bbedit 5.0">
</head>
<body >
<div align="center">
<table class="content" cellpadding="0" cellspacing="0" >
<tr><td align="center" colspan="2"><a href="../index.html"><img src="../images/aesTop.jpg" width="889" height="173" border="0"></a></td></tr>
<tr><td class="Topnav" align="center" colspan="3">
<a class="navTopFirst" href="../About.html">About Us</a>
<a class="navTop" href="../NeilSeiden.html">Management</a>
<a class="navTop" href="../News.html">In the News</a>
<a class="navTop" href="../Success.html">Success Stories</a>
<a class="navTop" href="../Contact.html">Contact Us</a>
<a class="navTop" href="../payment.html">Payment</a>
</td></tr>
<tr><td valign="top" width="197">
<div id="leftnav">
<table class="leftTable" width="197" cellpadding="4" cellspacing="0" border="0">
<tr><td align="right"><a href="../debtEquity.html" class="navleft">Debt & Equity Financing</a><br/><img src="images/empty.gif" width="190" height="0" hspace="0" vspace="0" border="0" align="right">
</td></tr>
<tr><td align="right"><a href="../M&A.html" class="navleft">Mergers & Acquisitions</a></td></tr>
<tr><td align="right"><a href="../strategic-alliance.html" class="navleft">Strategic Alliances</a></td></tr>
<tr><td align="right"><a href="../strategic-planning.html" class="navleft">Strategic Planning</a></td></tr>
<tr><td align="right"><a href="../Business-plans.html" class="navleft">Business Plans</a></td></tr>
<tr><td align="right"><a href="../cfo.html" class="navleft">CFO Services</a></td></tr>
<tr><td align="right"><a href="../turnaround.html" class="navleft">Turnaround Consulting</a></td></tr>
<tr><td align="right"><a href="../troubled.html" class="navleft">Troubled Company Services</a></td></tr>
<tr><td align="right"><a href="../expense-reduction.html" class="navleft">Expense Reduction</a></td></tr>
<tr><td align="right"><a href="../disaster-relief-loans/forms.html" class="navleft">Forms</a></td></tr>
<tr><td align="right"><a href="../Expedite-IEEPA-Tariff-Claims.html" class="navleft">Expedite IEEPA Tariff Claims </a><br></td></tr>
<tr><td align="right"><a href="../ERC-Services.html" class="navleft">Monetization of ERC </a><br></td></tr>
</table>
</div>
</td>
<td width="692" valign="top" align="left">
<table class="tomb" cellpadding="5" cellspacing="0">
<tr><td>
<p class="tombstones">
<font color="#058063"><b>Financing Challenge:</b></font><br>
<img style="margin: 0px 5px 5px -10px;" src="billboard1mm.gif" width="164" height="129" hspace="0" vspace="0" border="0" align="left">The Principal of a West Coast based retail chain sought to borrow $1,000,000 for personal use. He could not obtain financing because of recent personal and business bankruptcies. </p>
<p class="tombstones">The Principal owned a separate entity in Arizona that had an Outdoor Advertising Billboard Structure that was leased to Viacom Outdoor. There was 19 years remaining on the lease with Viacom Outdoor.</p>
<p class="tombstones"><font color="#058063"><b>Creative Financing Solution:</b></font><br>
Asset Enhancement Solutions, LLC ("AES") arranged a $1,000,000 Term Loan with a financial institution willing to use the future payment stream from Viacom Outdoor as the basis for making the loan. The Billboard Company assigned to the lender, its rights and interest in the agreement with Viacom Outdoor including its rights to receive future lease payments. The Company was given the option to repay the loan after four years without penalty.</p>
<p><font color="#058063"><b>Contact</b></font><br>Neil Seiden, 516-767-0100<br><a href="mailto:[email protected]">[email protected]</a>
</p>
<p><< <A HREF="../Success.html"><b>Back to index</A></p><br/>
</td></tr></table><br/>
<br/>
</td></tr></table>
</td>
</tr></table>
</div>
</body>
</html>