Urgent Care Facility looking for 3rd advance or consol with cash!
Need a Funder or Vendor? START HERE

Results 1 to 7 of 7
  1. #1
    Senior Member Reputation points: 290 1StopFunding's Avatar
    Join Date
    Feb 2014
    Location
    Atlanta
    Posts
    294

    Urgent Care Facility looking for 3rd advance or consol with cash!

    Urgent Care facility looking to get funds to open a second location. Currently has a 1st with YSC ($5400 bal) and a 2nd with Horizon ($2000).

    No NSF's, avg $37,000 per mo in gross deposits, if he pays off HOrizon he'll have approx $6K avg mo ledger. Personal credit- SHOT to hell.
    Cheryl Tibbs- General Manager
    Equipment LeaseCo Inc
    www.equipmentleaseco.com

  2. #2

    Urgent Care Facility looking for 3rd advance or consol with cash!

    If he has at least a 500 credit score, I could probably help you.

  3. #3
    This looks like a decent deal.. I would want to pay off the other 2 loans and put him in a new 1st.

    Give me a ring and we can work something out.

    (813) 518-5704

  4. #4
    His credit shouldn't matter btw.. have gotten it done as low as 400.

  5. #5
    Senior Member Reputation points: 5016 @jeannette's Avatar
    Join Date
    Dec 2012
    Location
    Buford, GA
    Posts
    280

    Hey, I would like to take a look at it. We would want to pay off the first and 2nd, however his volumes would qualify him for enough to do so.
    For "shot to hell" credit for an ACH we can't go below 500, but if they take credit cards we can.
    Jeannette Nearing | Business Development Officer| AmeriFactors
    | M (770) 362-2307
    jnearing@amerifactors.com |

    http://www.amerifactors.com
    https://www.linkedin.com/in/jeannettenearing

  6. #6
    Ahh.. this is the deal you sent me the PM about??

    If you have tried Yellowstone and they declined him then I would hit up Capital Stack. I could probably get the deal underwritten for you on my platform but I have most of my excess cash tied up at the moment. You didn't mention how much this guy is looking to take.. if he wants his loans paid off and an extra $10k over 3 months then I might be your guy.. if he wants max (probably $30k on top of payoffs) for his volume then he will need to get his personal credit over 500.

    If he is over 450 then I would be willing to take a look at it and see if a couple buddies want to chip in and get this one done.

    Give me a ring tomorrow and I will be glad to talk to you about it.

    (813) 403-1377
    Ryan Deen

    I haven't 100% decided on a company name yet btw.. working off my old POS company at the moment.

  7. #7
    Senior Member Reputation points: 290 1StopFunding's Avatar
    Join Date
    Feb 2014
    Location
    Atlanta
    Posts
    294

    Ryan, I'll buzz you this afternoon.
    Cheryl Tibbs- General Manager
    Equipment LeaseCo Inc
    www.equipmentleaseco.com

Similar Threads

  1. Cash Advance Is Coming Of Age
    By isaacdstern in forum Merchant Cash Advance
    Replies: 5
    Last Post: 11-06-2013, 12:28 PM
  2. Cash Advance Is Coming Of Age
    By isaacdstern in forum Promotions
    Replies: 0
    Last Post: 11-06-2013, 07:14 AM
  3. AVP Cash Solutions--Merchant Cash Advance
    By AVP Solutions in forum Merchant Cash Advance
    Replies: 0
    Last Post: 10-31-2013, 12:57 PM
  4. What does this mean for The Cash Advance Industry?
    By Chambo in forum Merchant Cash Advance
    Replies: 1
    Last Post: 05-09-2013, 07:50 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

iBusiness Funding acquires Funding Circle
Fintech Nexus is shutting down
Fed penalizes Evolve Bank


DIRECTORY