Results 1 to 6 of 6
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06-28-2017, 05:21 PM #1
- Join Date
- Apr 2014
- Location
- Chicago, IL
- Posts
- 185
Large Consolidation for a Defense Contractor
I have a client who does regular business with Pearl (not through me) and has a Pearl loan stacked on another Pearl loan. He just got a third behind the two Pearl loans and has a balance of approximately $300K outstanding.
FICO is 630. Has a large tax lien but is making payments on it and has been for a year. $4MM a year company with no real estate based collateral however despite paying nearly $35K a month in daily pays, hasn't missed a payment in 2.5 years. It's a staffing company for DoD
Dan already took a look at it and declined it a year ago. It's going to Richard. Bond Street barfed due to the tax lien. Did I miss anyone, lol? If not term loans is there anyone that can chop his payments and extend his term without increasing his principal?
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06-28-2017, 05:54 PM #2
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,484
Large Consolidation for a Defense Contractor
We love staffing companies. Kevin.Henry@Seacoastbf.com
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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06-28-2017, 06:18 PM #3
- Join Date
- Dec 2013
- Posts
- 4,713
If you dont have a home Mantis/Cresthill will probably come out strong.
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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06-28-2017, 07:48 PM #4
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
Adeel,
The AR will be the key, and whether or not there is Senior debt in front of the advances. If not- and the terms of the tax lien are not egregiously challenging, it seems do-able.
Richard...
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06-29-2017, 12:40 PM #5
- Join Date
- Jun 2017
- Location
- 1306 Carroll St New York
- Posts
- 11
A possibility on my end.give me a shot at this.
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07-12-2017, 02:56 PM #6
- Join Date
- Jul 2017
- Posts
- 1
Your Client's Debt
aak723,Please give me a call so i can explain our Service as far as Debt Relief. The Borrower already missed a payment(s) so i could take his daily away and put him into a monthly payment and save him approximately 40-50% on what he would pay back . What is the best email i? can reach you on
Last edited by Help; 07-12-2017 at 02:59 PM.
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