Excavation company 200k monthly
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  1. #1

    Excavation company 200k monthly

    Looking for a direct funder, don't need broker's help on this deal (no offense).

    Merchant has 4 positions with a total balance of approx $90k. Depositing a little over $200k steadily. Credit low 5's however. Any recommendations?

  2. #2
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    Quote Originally Posted by GHen View Post
    Looking for a direct funder, don't need broker's help on this deal (no offense).

    Merchant has 4 positions with a total balance of approx $90k. Depositing a little over $200k steadily. Credit low 5's however. Any recommendations?
    I fund this all day. We are a small boutique and competitive group that have been around for a while. No direct sales. We'd love the opportunity to compete.

  3. #3
    Just emailed you Dave.

  4. #4
    Senior Member Reputation points: 30475 Zach's Avatar
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    Without significant AR to pledge , WBL is probably the only option here.

  5. #5
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    If he is doing commercial work, we can get him a factoring facility that wouldn't add anymore unnecessary debt to the books.

  6. #6
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    Excavation company 200k monthly

    I would talk to TedFundy, one of the few who does a good job Factoring the invoices of the Factoring industry.
    Bob

  7. #7

  8. #8
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    Quote Originally Posted by bdshaw View Post
    I would talk to TedFundy, one of the few who does a good job Factoring the invoices of the Factoring industry.
    Bob
    Thanks Bob. Demo and excavation are our two favorites in the construction industry.

  9. #9
    PM me we have you covered

  10. #10
    Please give me a call when you get a chance at 646 930 4338 or send me an email. Thank you

    Thank you Nathan Roth-- direct lender
    Empire funding 1022 Avenue M Brooklyn NY 11230
    Direct (646-930-4338)
    email:nathan@empirefunding.com

  11. #11
    If you own any heavy equipment you can raise funds using a sale and leaseback technique. Call me for details. George Bloom Consulting. 772-285-6711.

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