Collection Agency needing funding
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  1. #1
    Member Reputation points: 3414
    Join Date
    Mar 2018
    Location
    Salt Lake City, UT
    Posts
    86

    Collection Agency needing funding

    I just got this file in, it's a collection agency

    -They do $400k-$550k a month in deposits

    -Credit mid 600's

    -Balances are healthy

    -First position

    -Looking for $100k

    Anyone recommend a good home for this?

  2. #2
    Senior Member Reputation points: 8447
    Join Date
    Jul 2015
    Location
    Tampa Florida
    Posts
    498

    We have funded a few collections agencies over the last couple years. They have to qualify for credit card split deal for us to look at it.
    Jason H l Sales & Business Development
    Quikstone Capital Solutions l Tampa FL
    Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
    Jason.Hausle@quikstonecapital.com
    www.quikstonecapital.com


    Direct Lender Since 2005

  3. #3
    Wesley D'Aguiar
    Iso Director
    13023307700
    Cash Capital Group llc

  4. #4
    Senior Member Reputation points: 54989
    Join Date
    Dec 2013
    Posts
    4,713

    Collection Agencies are hard to get funded Wesley would be best shot at getting this done. Hes been in this space for years and has a great reputation.
    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

  5. #5
    Senior Member Reputation points: 84416
    Join Date
    Mar 2014
    Location
    Florida
    Posts
    2,947

    Quote Originally Posted by ectorro View Post
    I just got this file in, it's a collection agency

    -They do $400k-$550k a month in deposits

    -Credit mid 600's

    -Balances are healthy

    -First position

    -Looking for $100k

    Anyone recommend a good home for this?
    Call me - have a few options.
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

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