AMBULANCE SERVICE    ambulance2

Time In Business

14 Years

Employees

55 Full Time

Equipment Type

Titled Vehicle

Ticket Size

$20,000 – $50,000

Equipment Details

2 Used Ambulances

 

Weaknesses (Cons)

  • Used equipment
  • Guarantor only had 5% available on his revolving credit limit
  • Guarantor takes all his income as distributions, not W-2 income

Strengths (Pros)

  • Owner had a strong net worth
  • Company had little debt and had other vehicles available which were owned free and clear
  • We took two ambulances as additional collateral (2007 and 2004)