Rapidly growing business with a bk 1 year ago
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  1. #1

    Rapidly growing business with a bk 1 year ago

    I have a company that does 100k a month with more then 65% in processing. The banks are strong however, the owner has a bk from 6/13. Who will do this?
    Last edited by Kimmy; 06-20-2014 at 11:53 AM.

  2. #2
    Senior Member Reputation points: 5987 Regium's Avatar
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    Is it an open BK?

  3. #3
    What state is it located in?

  4. #4

    call Steve at payroll financing 973-917-2019

    Www.fundmypayroll.com

  5. #5
    He has a location in Ga and Illinios

  6. #6
    We can lend to the IL location if the bank statements have IL on them. Give me a call at 212 293 8210 to discuss.

  7. #7
    Senior Member Reputation points: 5016 @jeannette's Avatar
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    Rapidly growing business with a bk 1 year ago

    Retail Capital can fund with the bankruptcy closed for 1 day.
    Jeannette Nearing | Business Development Officer| AmeriFactors
    | M (770) 362-2307
    jnearing@amerifactors.com |

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

  8. #8
    Is it discharged?

  9. #9
    As long as it's not an open BK, where it would be considered DIP financing, ie. the BK has been dismissed or discharged, it can be funded.

    Robert S Bloink
    EVP of ISO Partnerships
    Direct: 313-218-4663
    Email: bb@cooperasset.com
    Web: www.cooperasset.com
    logo-01smaller.jpg

  10. #10
    Banned Reputation points: 10108
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    We can get this deal done. Just funded a BK last week.

  11. #11
    Senior Member Reputation points: 5016 @jeannette's Avatar
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    Rapidly growing business with a bk 1 year ago

    Retail Capital can find this as long as the BK is closed or discharged and the have not included another MCA company in the BK.
    Jeannette Nearing | Business Development Officer| AmeriFactors
    | M (770) 362-2307
    jnearing@amerifactors.com |

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

  12. #12
    Can do BK that has been closed for one year. Offer a short term business loan, 6-12 months payback period. In some cases can be stretched to 18 months. Amount we can lend is based on cash flow strength of the company.

    Justin Yagher
    Capital Alliance
    Direct: 949-382-1389
    Email: jyagher@capitalalliance.com
    www.capitalalliance.com

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