Carvana Faces Cash Crunch from High Debt, Rising Interest Rates
November 21, 2022 – SLB Capital Advisors shared perspectives with the Wall Street Journal regarding Carvana and potential sale leaseback financing alternatives
SLB Capital Advisors Managing Partner Scott Merkle provided perspectives to the Wall Street Journal regarding Carvana and potential sale leaseback financing alternatives
“Scott Merkle, managing partner at SLB Capital Advisors, which specializes in sale leaseback transactions, said the long-term leases in the space generally rely on financially sound tenants that can be expected to make their lease payments for years. He said that overall conditions for sellers have softened in that market because of higher interest rates, but that sale leasebacks still provide a better cost of capital for companies than other financings.”
Read the full article here.
