2.1m Revenues, Seeking 200k
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  1. #1

    2.1m Revenues, Seeking 200k

    Hello,

    Client does average of 5 deposits per month, TIB under 1 year. Getting declines from our primaries due to # of deposits. Anyone have a solution?

  2. #2
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    Wall may, but really depends on the overall numbers. Can you provide a breakdown of all the months, their total deposits and the number of deposits?

  3. #3
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    Have You Tried Credibly?

  4. #4
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    Quickbridge or LoanMe

  5. #5
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    Quote Originally Posted by salesguy View Post
    Hello,

    Client does average of 5 deposits per month, TIB under 1 year. Getting declines from our primaries due to # of deposits. Anyone have a solution?
    What is the industry? does he have an AR?

  6. #6
    Is this a brand new business or just a new entity as the merchant bought the business? What industry are they are in? Assuming the merchant bought the business and that it's not a construction company, we may be able to provide $150k-$200k range. Even if we can't provide the full $200k, our product acts like a LOC and the merchant can draw down on repaid principal in as little as one month after funding. Feel free to reach out to me directly to discuss this deal and learn more about our products.

    Steven Safirstein
    Vice President of Sales & Head of ISO Relations
    Breakout Capital Finance, LLC
    6862 Elm Street, Suite 300, McLean, VA 22101
    O: 703 852 6013 I steven@breakoutfinance.com

  7. #7
    Senior Member Reputation points: 570 dworange's Avatar
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    with a file like this theres alot of questions to be asked #1) what is the sic code #2)why so few deposits #3) is it sub contracting #4) whats up with the ar report and outstanding invoices im willing to take a look at the deal and see if i can fund if you like give me a call or send a email i can see if i can make some things happen on my end.

    Dwayne Webster
    Yellowstone capital
    Dwaynew@yellowstonecapllc.com
    cel (551)-263-8638





    Quote Originally Posted by salesguy View Post
    Hello,

    Client does average of 5 deposits per month, TIB under 1 year. Getting declines from our primaries due to # of deposits. Anyone have a solution?

  8. #8
    Senior Member Reputation points: 54977
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    Quote Originally Posted by salesguy View Post
    Hello,

    Client does average of 5 deposits per month, TIB under 1 year. Getting declines from our primaries due to # of deposits. Anyone have a solution?
    What was Mantis's offer ?
    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

  9. #9
    Member Reputation points: 10 Paul@Guardianlending's Avatar
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    Quote Originally Posted by salesguy View Post
    Hello,

    Client does average of 5 deposits per month, TIB under 1 year. Getting declines from our primaries due to # of deposits. Anyone have a solution?

    We can fund this. Shoot me an email @ paul@guardianlendinggroup.com. We will send over the necessary paperwork.

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