Results 1 to 10 of 10
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06-01-2017, 12:07 PM #1
- Join Date
- Dec 2015
- Posts
- 16
A/B Paper - $200k/mo Avg. - <1 Yr in Biz (Need a Funder)
I have a client that owns three entities in the creative space. In 2017 they moved all incoming revenues to the newly formed entity (10/2016) and they use the other entities to perform work for the main entity. Credit is 700+ Anybody do a/b paper deals with less than a yr in business? You can see statements for all entities.
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06-01-2017, 12:22 PM #2
- Join Date
- Feb 2017
- Posts
- 20
LoanMe only requires (2) months in business.
LoanMe, Inc
949-535-7798
Email: Business.Loans@LoanMe.com
1900 S State College Blvd. Suite 300
Anaheim, CA 92806 www.loanme.com
www.loanme.com/SBL-partner
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06-01-2017, 12:24 PM #3
- Join Date
- Feb 2017
- Posts
- 3,473
Good credit means Lines of Credit
You won't get the large ones, but the smaller ones - that's where you can really make a killing. They're your only shot. Let me make an introduction for you? Send me an email, we'll discuss it, and you'll still make full commission without me.
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06-01-2017, 12:28 PM #4
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,509
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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06-01-2017, 12:53 PM #5
- Join Date
- Feb 2017
- Posts
- 3,473
I guess assuming they have invoices to factor, assets or some form of collateral, then Kevin is correct.
I was referring to the unsecured business loans like most of the MCA world deals with. And I guess LoanMe would work if you're looking for something REALLY short-sighted and high interest.
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06-01-2017, 12:56 PM #6
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,509
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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06-01-2017, 02:04 PM #7
- Join Date
- Apr 2017
- Location
- Miami, FL
- Posts
- 9
Modern Financial Group LLC
MCA Funding
1-800-859-6384
info@modernfinancialgroup.com
www.modernfinancialgroup.com
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06-01-2017, 02:15 PM #8
- Join Date
- Dec 2015
- Posts
- 16
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06-01-2017, 02:29 PM #9
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 3,001
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
Office: 727-233-1111
Skype: fc-financial
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06-01-2017, 02:41 PM #10
- Join Date
- Feb 2017
- Posts
- 3,473
Very well they could be, but to get $500k is not as simple as you can imagine with <1 year TIB. You have to go to the right banks, with the right documents, and not get rejected and have the inquiries. That's the added value that I want to give to anyone out there on this forum... To get deals like this done in an efficient manner and make money.
In this deal, the TIB will mean they can't apply for a bank LOC, but non-bank ones, I can help co-broker ;-)Last edited by abfunders; 06-01-2017 at 02:45 PM.
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