Results 1 to 15 of 15
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12-11-2017, 08:03 PM #1
$11.5M a year needs $2M +
Medical Facility
11.5Million Gross. Profitable.
No collateral. Not looking for factoring.
Who can go up to $2M+? Close before Christmas?
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12-11-2017, 08:15 PM #2
- Join Date
- Feb 2014
- Location
- Florida
- Posts
- 266
We can handle that type of deal.. let me know how I can help.
Shannon Harris
Funding Specialist
888-705-8818 phone
239-790-2664 fax
Shannon@StellarBusinessFunding.com
www.stellarbusinessfunding.com
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12-11-2017, 08:16 PM #3
direct funder only unless we know you..
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12-11-2017, 10:26 PM #4
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,995
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
Office: 727-233-1111
Skype: fc-financial
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12-12-2017, 12:11 AM #5
Shoot me an email, let's get this done.
Warm Regards,
Dean Yadid
CEO
Times Square Consulting
P: (646) 464-1282
D: (347) 579-0211
F: (347) 826-1905
Email: dean@timessquareconsulting.com
Visit us at: www.timessquareconsulting.com
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12-12-2017, 06:31 AM #6
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
What kind of Medical Facility?
Is there Senior Debt on Balance Sheet?
What does the Guarantors FICO score look like?
You say there isn't collateral- but there are likely HIPAA receivables on the balance sheet.
Just because an entity is profitable and does $1M per month doesn't mean they have the debt service coverage to pay back $2M on a short term instrument. If they don't have another loan/LOC, and they have the wherewithal to pay back the debt (and strong guarantors(s)it can, and will be done..Last edited by RichardGerard; 12-12-2017 at 06:52 AM.
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12-13-2017, 09:49 PM #7
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,995
Update: 10/24/15 - Going forward all solicitors (whether selling a product/service or asking for deals) must disclose their physical address, phone number and company name. This can be visible in the post itself or on an accompanying website. If it's not on one or both, the post may be deleted and the user banned. Free e-mail addresses are highly discouraged.
This rule is being implemented to improve the user experience on the forum.
Exceptions may be granted but in general, please adhere to this policy.Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
Office: 727-233-1111
Skype: fc-financial
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12-13-2017, 10:40 PM #8
- Join Date
- Feb 2014
- Location
- Florida
- Posts
- 266
Shannon Harris
Funding Specialist
888-705-8818 phone
239-790-2664 fax
Shannon@StellarBusinessFunding.com
www.stellarbusinessfunding.com
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12-14-2017, 08:57 AM #9
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
I have seen this deal:
Getting $2M for this client can DEFINITELY be arranged, however the December 22 deadline (and that the client is price sensitive) is what makes it QUITE challenging.
Things not mentioned- client has a Bank LOC in place for 600k- so they want to NET $2M over the 600k on an unsecured basis with HIPAA restricted receivables.
Given that the client is doing less than 1M per month, and wants twice that when the bank is in first position- AND the client wants what they want- the way they want it, WHEN they want it makes this deal a time suck. Also factor in the time of year- with Holiday parties etc. and a tough sell gets tougher.
If they brought in 1 group to handle the $2M, plus the job of leveraging the assets on the balance sheet, they would have a much better chance to achieve their goal. Being that they are shopping this they will likely get half way to their $2M goal- maybe 1.2.
RG
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12-14-2017, 04:00 PM #10
- Join Date
- Dec 2015
- Posts
- 26
I like deals like this. The amount isnt an issue. Can you sell a 1.45 going 3-7 months here?
Eli Dahan
Funder
P:347-623-1444
F:646-398-5651
E:eli@yellowstonecapllc.com
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12-14-2017, 04:07 PM #11
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12-14-2017, 04:10 PM #12
- Join Date
- Oct 2016
- Posts
- 4,318
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12-14-2017, 05:13 PM #13
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
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12-18-2017, 01:34 PM #14
- Join Date
- Apr 2016
- Posts
- 103
Factoring Company Request - $2M
To whom it may concern:
Give Carolyn McClure Illic a call.
Carolyn McClure Illic
Security Business Capital
VP Business Development Officer
cilic@mysbcapital.com
312.804.9072
Let her know Sean (LiftForward) requested you call surrounding this request.
All the best.
Sean
LiftForward
917.477.56534
sean@liftforward.com
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12-18-2017, 02:56 PM #15
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
Hey Sean,
Carolyn is a great resource for PO Finance and will also factor (No HIPAA, Construction, or Logistics).
This is a HIPAA play but client already has senior debt and wants to close this week..
Trust all is well on Maiden Lane..
Richard
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