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  1. #1

    Disaster Cleanup Restoration

    Solid guy, he's looking to get around 60k. Wants to knock out 30k balance with Can.

    The problem is that his deposits dip at times due to the insurance companies not paying out on time. You'll see that April the deposits hit the skids......any suggestions?

    Nov 74k
    Dec 64k
    Jan 77k
    Feb 120k
    March 58k
    April 40k
    May is sitting around 25k with a 60k check on the way and a lot more hanging out in receivables.

  2. #2
    Senior Member Reputation points: 216519
    Join Date
    Feb 2017
    Posts
    3,334

    Why not factor it?

  3. #3
    Factoring is where it's at right now.
    Nash Alexander
    646-768-9716
    nash@premiummerchantfunding.com
    pmfus.com

  4. #4
    send it over to use at sos capital we will take a look can't guarantee you 60k but will make an offer. newdeals@soscapital.com

  5. #5
    I'm open to factoring just haven't formed a solid relationship in that space.

  6. #6
    Senior Member Reputation points: 337045
    Join Date
    Mar 2015
    Location
    Rock Ridge
    Posts
    3,453

    Disaster Cleanup Restoration

    Probably too small for us but keep me in mind for companies billing over 100k a month. Kevin.Henry@Seacoastbf.com
    Hedley Lamarr......That's Hedley

  7. #7
    Senior Member Reputation points: 81655
    Join Date
    Mar 2014
    Location
    Florida
    Posts
    2,854

    Quote Originally Posted by BizDev View Post
    Solid guy, he's looking to get around 60k. Wants to knock out 30k balance with Can.

    The problem is that his deposits dip at times due to the insurance companies not paying out on time. You'll see that April the deposits hit the skids......any suggestions?

    Nov 74k
    Dec 64k
    Jan 77k
    Feb 120k
    March 58k
    April 40k
    May is sitting around 25k with a 60k check on the way and a lot more hanging out in receivables.
    We may have a solution - call me
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  8. #8
    Quote Originally Posted by BizDev View Post
    Solid guy, he's looking to get around 60k. Wants to knock out 30k balance with Can.

    The problem is that his deposits dip at times due to the insurance companies not paying out on time. You'll see that April the deposits hit the skids......any suggestions?

    Nov 74k
    Dec 64k
    Jan 77k
    Feb 120k
    March 58k
    April 40k
    May is sitting around 25k with a 60k check on the way and a lot more hanging out in receivables.
    Shot you an email.

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