Steel Based Construction Co-$100k+ every month-Who's interested?!
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  1. #1
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    Steel Based Construction Co-$100k+ every month-Who's interested?!

    Seeking funds (LOC if possible) for improvements to the business. Equip upgrades, advertising, operating capital, etc. Average deposits are $115-$120/month, NO CREDIT CARDS.

    The issue is low number of deposits (8-10 a month) and a few Negative days. Seeking $100k-$150k,open to $75-$80.

  2. #2
    Senior Member Reputation points: 5016 @jeannette's Avatar
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    We would be interested at Retail Capital as long as there are no more than 5 negative days per month. Depending on cash flow we generally come in at around 75% of monthly deposits. But we don't do a LOC. There is no issue with 8-10 deposits as long as the negative days are less than 5.
    Jeannette Nearing | Business Development Officer| AmeriFactors
    | M (770) 362-2307
    jnearing@amerifactors.com |

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

  3. #3
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    Unfortunately it was 7 in one month. The other months were fine, but that one month is making it difficult.

  4. #4
    Senior Member Reputation points: 5016 @jeannette's Avatar
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    Steel Based Construction Co-$100k+ every month-Who's interested?!

    Is it the most recent month, it is it 3 months back?
    Jeannette Nearing | Business Development Officer| AmeriFactors
    | M (770) 362-2307
    jnearing@amerifactors.com |

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

  5. #5
    Fast Advance Funding will review the file. If you would like to discuss call Anthony 215.642.0686

  6. #6
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    It was in March.

  7. #7
    Senior Member Reputation points: 5016 @jeannette's Avatar
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    We only require the last three months, so march would not make a difference with us. We only need April, May and June and we will look at the up to date for July.
    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

    Steel Based Construction Co-$100k+ every month-Who's interested?!

    I only need 3 deposits per month Burton Brooks 419-559-3251 @ Approved Capital

  9. #9
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    What are they looking to use the money for? You can potentially get them about 80K over 12 months 1.35ish with a weekly ACH

  10. #10
    Max Advance would love to take a look at this deal! We should be able to make something work for this merchant


    Steven Hauptman
    Director of Business Development
    Tel: 866-629-4464 ext. 214
    Cell: 516-458-4462
    Fax: 917-368-6943
    Email: S.Hauptman@MaxAdvance.com

    Maxadvance Banner 2.jpg

  11. #11
    7 negative days the one month is not a deal killer for Cooper. Let us get you a contract on this file-

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

  12. #12
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    Quote Originally Posted by Sherlock MCA Holmes View Post
    What are they looking to use the money for? You can potentially get them about 80K over 12 months 1.35ish with a weekly ACH
    Sent you a PM Sherlock

  13. #13

    Steel Based Construction Co-$100k+ every month-Who's interested?!

    Im a consultant at Synergy Capital, contact me at my Direct line 718-303-9521
    I'm in my office any time monday to Thursday 9am-7pm east coast time, and 9-5 on Fridays. There are no fees or obligations for our application or for receiving offers. Being a Direct lender I can offer competitive rates, my numbers speak for themselves. Give me a call and I will review the file.
    Philip Aleman

  14. #14
    What do their tax returns look like? If they show a profit and have any AR, they may qualify for a monthly payment term loan.

    Call me for more information, Sam Tiburzi - 240-345-3314

  15. #15
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    Quote Originally Posted by BizFiStore View Post
    What do their tax returns look like? If they show a profit and have any AR, they may qualify for a monthly payment term loan.

    Call me for more information, Sam Tiburzi - 240-345-3314
    I wish I had seen this one 2 weeks ago! Got this one wrapped up though-thanks for the replys

  16. #16
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    This a factoring and leasing deal if ever there was one. there factoring line of credit, depending on the debtors, should be about 150-160K and they should be able to lease whatever upgrades they need.
    Typical factoring clients factor for over three years and would kick off about 8-12% a year we would split.

  17. #17
    Senior Member Reputation points: 32658 Zach's Avatar
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    This deal would be right down our alley.

    Zachary Ramirez
    Senior Financial Consultant
    Phone: (714) 988-4413
    Fax: (888) 507-8970
    Email: zach@corebusinessloans.com
    www.corebusinessloans.com

  18. #18
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    We might be able to help - give me a call


    Russell Crossman
    Funding Specialist
    fundzio.com
    FundZio ~ We fund outside of the Box!"
    855-386-3946 X 113
    FAX: 954-446-1519

  19. #19
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    We can get this deal funded.

  20. #20
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    We can get this deal funded.

  21. #21
    lets do it!

    Mark Crow

    High Speed Capital LLC
    Direct: 201-301-8788
    Mark@HighSpeedCap.com

  22. #22
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    Did you ever get it funded?
    Mullti Vision Financial
    Elisa Blackmon
    Financial Capital Advisor
    D: 562-513-1963 E: Elisa@MVFLoans.com
    F: 562-590-9393 F2: 858-810-0288
    Office: 888-598-9951
    MVFLoans A+ BBB Rating

    **ask about our referral program**

  23. #23
    i can help, contact me at shawn@unitedcashandcapital.com. i will get it done
    Last edited by lion; 01-28-2015 at 08:47 PM.

  24. #24
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    Send me a message please. I have some questions. ISO here.

  25. #25
    We can do a LOC and the advance. Number of deposits isnt an issue, we've had great approvals in the construction industry this month. Send me a PM

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