Retail clothing store w 10 locations
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  1. #1

    Retail clothing store w 10 locations

    I have a merchant thank did nearly 6m in 2014 and are on pace to do 7m in 2015, they have 3 open Mcas with a balance of 400k..they are looking for another 100..for a 6 month term..any leads?

  2. #2
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    Send it over to Everest Business Funding. Thank you!

  3. #3
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    Left a PM... Given revenue and assets (clothing inventory) this seems like something we could consolidate and infuse growth capital.. Touch base if you would like assistance..

    Richard 516 510 3855

    www.businesscapitalconsultants.com


    775 Park Avenue Suite 255
    Huntington, NY 11743

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    Quote Originally Posted by Chair11 View Post
    I have a merchant thank did nearly 6m in 2014 and are on pace to do 7m in 2015, they have 3 open Mcas with a balance of 400k..they are looking for another 100..for a 6 month term..any leads?
    I am a direct lender and fund MCA consolidations like this regularly ($4M on the books, heading to funding right now). I can do a 6, 12, or 18 month term. Typically I can get payments down somewhere between 30% - 50% of what the client is paying now.

    Monthly payments (not daily).

    I would need to pay off all existing MCAs though, and no stacking allowed.

    Shoot me an email to dan@fundingstrategypartners.com and we can discuss on Monday if you like.

    Thanks,

    Dan Page
    Direct: 303-938-8280
    dan@fundingstrategypartners.com
    Last edited by dpFund; 11-26-2015 at 12:34 PM.

  5. #5
    Senior Member Reputation points: 3217 CO1's Avatar
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    Retail clothing store w 10 locations

    The vultures would love this deal.

  6. #6
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    Retail clothing store w 10 locations

    I'll do that at a 1.39 6 month. Feel free to email me henry@trustcapitalfunding.com

  7. #7
    Veteran Reputation points: 135029 Chambo's Avatar
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    Quote Originally Posted by Chair11 View Post
    I have a merchant thank did nearly 6m in 2014 and are on pace to do 7m in 2015, they have 3 open Mcas with a balance of 400k..they are looking for another 100..for a 6 month term..any leads?
    $584,000 a month in gross sales, has a current combined balance is $400K? How does the merchant expect to pay the staff and rent?

  8. #8
    Senior Member Reputation points: 30475 Zach's Avatar
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    Depending on the banks, WBL might be a great fit for this one. We can also offer to consolidate all of their loans into a single payment and much larger loan size. You'll make more commission and we will save the client a ton of money.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

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