Results 1 to 5 of 5
-
03-10-2018, 05:48 PM #1
- Join Date
- Feb 2014
- Location
- Florida
- Posts
- 266
$2M needed for A credit client (skilled labor staffing for energy/marine constr)
This construction/energy company needs $2M to help mobilize for two contracts. He has 13 yrs TIB, 825 credit and generates average of $140k/mo. Appears to have $2.5m equity in real estate holdings to pledge.
Revenue for these two contracts this year will generate $20m... with 26% margins.
I have a lender that will factor invoices right out of the gate.. just need a lender that will fund upfront capital needed to get both jobs off the ground...at an affordable rate.
Need to act fast! Client has meeting Wed with his client to pledge commitment... but will not do so if he doesn't have reliable financial backing.Shannon Harris
Funding Specialist
888-705-8818 phone
239-790-2664 fax
Shannon@StellarBusinessFunding.com
www.stellarbusinessfunding.com
-
03-10-2018, 07:18 PM #2
- Join Date
- Feb 2017
- Posts
- 3,473
Why can't you get this funded yourself? What's the hold-up with hard money? You've posted about hard money like Riverdale before.
What's the state?
Are they government contracts?
Do you have the contracts?
-
03-11-2018, 09:38 AM #3
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
-
03-13-2018, 04:37 PM #4
- Join Date
- Jul 2017
- Location
- FL
- Posts
- 35
We will look at staffing & contractor related deals and give quick decisions!
If Client monthly sales volume is $140k/mo, then securing a $2million loan may be difficult.
But Client might be a better fit, for a revolving A/R based credit facility, that we offer.
AmeriFactors Financial Group is a DIRECT LENDER and has funded over $5BILLION since 1990.
We offer:
• NON-Recourse A/R Factoring
• PO Funding
• Asset Based Lending (ABL)
• SBA Loans
Send me a pm or give me a call or email.
We pay brokers recurring monthly residual commissions.
Rob Brownell
Amerifactors Financial Group
215 Celebration Place, Suite 340, Celebration, FL 34747
p: 772-419-8606
e: rbrownell@amerifactors.com
w: www.amerifactors.com
-
07-14-2021, 04:04 PM #5
- Join Date
- Jul 2021
- Posts
- 74
Slam dunk. Contact me below.
Respectfully,
Jimmy Cannata
Sigican Capital Corp.
Direct: 718-801-1085
Email: jimmy@sigicancapitalcorp.com
Linkedin.com/in/sigicancapital
Similar Threads
-
Pulling a credit check on your client
By RogueCaliISO in forum Merchant Cash AdvanceReplies: 3Last Post: 01-24-2018, 05:17 PM -
In the spirit of Labor Day...
By Christian in forum Merchant Cash AdvanceReplies: 0Last Post: 09-04-2016, 02:46 PM -
Line of Credit for your client...
By jayrich316 in forum PromotionsReplies: 0Last Post: 07-12-2016, 10:18 AM -
12 month deal needed, Client doesn't want daily payment, health spa
By Moneyformerchant in forum Deal BinReplies: 6Last Post: 08-03-2015, 02:40 PM