Results 1 to 5 of 5
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06-01-2017, 06:04 PM #1
- Join Date
- Apr 2017
- Posts
- 22
Invoice factoring
I have an engineering company that needs an invoice factoring loan. The invoice is $250,000 and is payable on June 25. Were looking for the maximum cash that we can pull out of this invoice.
Credit is excellent borrower is flawless. PM me if your direct funder.
Thanks Eric
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06-02-2017, 08:38 AM #2
- Join Date
- Feb 2014
- Location
- Florida
- Posts
- 266
A/R or invoice factoring I always work with James Golden of Marquette... maybe he can help.. number is 256-312-2002. Tell him Shannon sent you.
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06-04-2017, 10:32 AM #3
- Join Date
- Dec 2015
- Location
- Texas
- Posts
- 552
As of the 5/2017 Da Vinci inc. Has started funding and approving daily and weekly MCA!
We are a direct lender who offers A-B+ paper programs but can provide competitive 3-5th positions with sub par credit. Will not fund under 20k inhouse!
- Our site is being updated for the volume we have seen the last couple months and make submission easier. We are eager to provide a good product and service. Please review pre-qualified options below to apply. Syndication's are welcome.
1-2nd positions
685 fico required
consolidate up to 3 positions,
must net 40% of offer amount..
Funding in house up to 20k-100k syndicating anything over 150k. We have done same day invoice factor through our direct lender access portals. But REALLY EXPECT A 48 HR TURN Arounds with full submissions.
Prime REQUIREMENTS 1.19 PLUS RATES
o 1ST and 2ND Position Only
o Credit Score: 595-610 plus preferred
o Average Daily Balance: $1750+
o Monthly Deposits: $85,000+
o Negative Days: 1-4 Days
o Minimum Monthly Deposits: 8 Deposits
o Funding Amounts: $50,000 - $2,000,000
o Term: 132 Days – 420 Days (rare)
o FM Score: 625 or Higher
UNLIMITED syndication ADVANCE REQUIREMENTS 1.29 plus
o All Positions Available 1-5th
o Credit Score: 480+
o Average Daily Balance: $750+
o Monthly Deposits: $8,500
o Negative Days: 7 Days
o Minimum Monthly Deposits: 3
o Funding Amounts: $7,500 - $350,000
o term: 44 Days – 88 Days
o FM Score: 525 or Higher
Da Vinci Inc.
Davincinc.com
primary-support@davincinc.com
Steven Jones
direct - davincinc@outlook.com
PHONE- 2102904102Last edited by Davincinc; 06-04-2017 at 10:37 AM.
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06-04-2017, 12:18 PM #4
- Join Date
- Aug 2014
- Posts
- 194
Invoice factoring
Davinc, you're a broker... why are you trying to fool people?
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06-06-2017, 11:51 AM #5
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Does your client need p.o. or dip financing right away? What ongoing need do they have for working capital?
Bob Shaw
734-929-3800
Rshaw@ironhorsecredit.com
Bob Shaw
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