Financing a local messengers and local delivery acquisition in Kansas

1+ funded Local Messengers and Local Delivery in Kansas deals

Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.

• Desert Fox Logistics, Inc. in Hays, KS — $1.8M (2020) · purchase · LendingClub Bank, National Association

  Program

  Preferred Lenders Program

  Rate at approval

  5.5% variable

  Term

  121 months

  SBA guaranteed

  $1.3M (75%)

  Approval → funding

  26 days

  Approved

  9/4/2020

  First disbursed

  9/30/2020

  Loan status

  Paid in full (2/28/2022)

  Loan type

  Term loan

  Collateral

  Required

  Business type

  Corporation

  Secondary market

  Loan sold to investors

  Jobs supported

  65

  Business age

  Change of Ownership

  Industry

  Local Messengers and Local Delivery

  If you were the buyer here

  Est. deal size

  $2.0M

  Est. down payment (10%)

  $197K

  Est. cash at closing

  $271K

  Monthly payment

  $19,102

  Annual debt service

  $229K

  Cash flow needed (1.25×)

  $287K

  Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.

  Funded by LendingClub Bank, National Association · Lender record →

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