Results 1 to 8 of 8
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04-27-2018, 02:35 PM #1
- Join Date
- Apr 2018
- Location
- NY
- Posts
- 21
$150,000 for business expansion
510 FICO with @ $15,000 in charge offs
Landscaping business
S corp
$350K in annual revenue
Only averaging about 5 deposits a month
less than 5 NSF's a month
no other loans
Does have home worth $650K which has a $8500 mortgage balance
Looking to pay off credit card debt, buy equipment, and advertise with the funds
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04-27-2018, 02:48 PM #2
- Join Date
- Dec 2013
- Posts
- 4,713
Mantis ALL DAY (and night as we keep latest hours in MCA) 510 credit is good here and 5 deposits seems perfect!
Landscaping we also love (maybe trucking and construction a little more!)...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
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04-29-2018, 11:22 AM #3
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
Morning BrianDario...
The low annual sales amount will preclude your client from 150k in the MCA arena, however if the client has decent credit and is not being too aggressive with losses on tax returns, I can help.
Feel free to touch base..
Best,
Richard 516 510 3855
rg@businesscapitalconsultants.com
www.businesscapitalconsultants.com
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04-30-2018, 10:00 AM #4
- Join Date
- Apr 2018
- Location
- NY
- Posts
- 21
510 credit. The cash is to pay off charge offs and expand the work force.
2 years ago he maxed out his credit cards to buy everything he needed to get started. He missed payments while trying to land accounts. He's doing $350K a year now and wants to get caught up on his past due accounts and expand.Pay Per Lead service. No long-term contract. No monthly retainer. Pay only for the leads you need.
BoomBangingMedia.com - because retainers are stupid.
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04-30-2018, 10:24 AM #5
- Join Date
- Oct 2014
- Posts
- 60
Not enough rev there to get 150k on an MCA
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04-30-2018, 10:45 AM #6
- Join Date
- Aug 2017
- Posts
- 252
WBL might do this.
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04-30-2018, 10:52 AM #7
- Join Date
- Jun 2013
- Posts
- 195
Big Mack is correct, sounds like something which would fit our wheelhouse. Feel free to email me at cpepe@wbl.com!
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04-30-2018, 10:58 AM #8
- Join Date
- Feb 2017
- Posts
- 3,473
Brian, what did I say about WBL in my PM?
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