Deal Talk Podcast - Give Episode 2 A Listen!

Episode 2 of our Deal Talk podcast featuring Terry Luker is now available! "Getting a Better Deal the Second Time Around" is a pivotal deal from Terry Luker's first book, "Yes! How to Get the Funding You Need For Your Business," and is brought into even greater detail here on our podcast! Give it a listen below and be sure to Follow our podcast on Spotify and YouTube!

 

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Terry Luker featured in Deal Maker Magazine

Luker Masters ‘Three-Headed Monster’ of Diversification at ACS.

Industry Icon Terry Luker shares the secret to his success with ACS — Alternative Capital Solutions: find your niche, form strong partnerships and fill voids in the market. By taking a three-pronged approach, Luker strengthens his community bank relationships and ensures every deal that comes across his desk finds its home.

Terry Luker had been in the automotive industry for 21 years and was looking for a change. “I was a fixer. I’d go into broken stores and fix them,” he says. “And then about three years in, the owner would want to change pay plans… that’s when I would normally leave. The last time we did that, I decided that I was going to go do something different.”

ACS — Alternative Capital Solutions Is Born

A friend told Luker about shadow banking and a company called Commercial Capital Training Group. Luker recalls the conversation he had with his friend: “He said, ‘Terry, you’re an unbelievable deal maker. This is what you ought to do for a living.’” Soon, Luker met the Commercial Capital Training Group team and enrolled in the program.

During his training at CCTG, Luker learned how important it is to find your niche if you want to be successful. When he launched Alternative Capital Solutions seven years ago, he was determined to find a specialty that would set the company apart for the long haul.

Read more here ... https://www.dealmaker-magazine.com


Fabrication company restructuring post-bankruptcy

Loan amount - $550K
Collateral: real estate and rolling stock

This loan was to a 30-year-old company with 15 employees and allowed the company to purchase their rolling stock and real estate out of bankruptcy in order to keep the business going. The owners of the company had a long history of success, but an unforeseen issue disrupted their business. We were able to provide the capital to re-launch what had been a very successful endeavor.