Results 1 to 4 of 4
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09-18-2017, 10:39 AM #1
- Join Date
- Nov 2014
- Posts
- 76
New loan/advance to pay off $180k old tax lien
Will any funders do a new loan or advance that pays proceeds directly to IRS to satisfy a lien?
Merchant consistently doing over $220k per month in sales for over 4 year old business with no other positions. The business owner has lingering $180k tax lien from a prior business venture that he was an investor in. He is tired of trying to settle/negotiate with the IRS. He claims IRS is dragging feet in allowing a payment plan (which would be the lower cost means of financing). So he is looking to for a loan that will be used to pay off the lien.
This is obviously a large tax lien but merchant would be ok with funder sending loan/advance proceeds directly to IRS to pay off lien in order to mitigate risk for the funder. Please PM if you think you can help.
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09-18-2017, 11:20 AM #2
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,499
Upperlinecap,
What industry? Have you considered factoring?
Best,
KevinKevin 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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09-18-2017, 11:53 AM #3
- Join Date
- Dec 2013
- Posts
- 4,713
We wont pay IRS directly but know how to fund these kind of merchants with past tax issues!!
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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09-20-2017, 09:26 AM #4
- Join Date
- Sep 2017
- Location
- North Bay Village
- Posts
- 11
What do the banks look like, do you have Financials?
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