Results 1 to 18 of 18
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05-22-2018, 04:32 PM #1
- Join Date
- Jun 2017
- Posts
- 39
$15,000,000 rush funding
My client was screwed by a broker promising a deal was done when it wasn't.
The run a far that grossed $55M-$60M last year, netting $8M-$10M.
They need $15M for for feed, fertilizer, fuel, labor, chemicals, etc.
The crop is worth $25M - $30M guaranteed return by the USDA for approximately $22M-24M with no liens and is assignable.
The land is worth $100M and they owe only $22M on it.
We need a quick close, and would take part in an advance. Direct Lenders ONLY.
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05-22-2018, 04:38 PM #2
- Join Date
- Jun 2017
- Posts
- 39
Thanks.
Last edited by ABL America; 05-22-2018 at 04:41 PM.
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05-22-2018, 04:44 PM #3
- Join Date
- Mar 2017
- Location
- Nunya
- Posts
- 830
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05-22-2018, 04:56 PM #4
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,499
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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05-22-2018, 04:58 PM #5
- Join Date
- Feb 2017
- Posts
- 3,455
Scotsmans Guide is a better location to find direct lenders than Daily Funder
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05-22-2018, 04:59 PM #6
- Join Date
- Jun 2017
- Posts
- 39
We do not have time to do a PO deal. They have no A/R. But they do have contracts with a public company to buy the crop. That would take longer than a week to fund, and they are pressed for time.
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05-22-2018, 06:36 PM #7
- Join Date
- Jun 2017
- Posts
- 39
The 3 accounts averaged $2.3M, $583k & $440k over the past 12 months.
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05-22-2018, 06:46 PM #8
- Join Date
- Dec 2013
- Posts
- 4,713
thanks...will ALWAYS RUSH A FILE INTO UW AND FUND... i look at it like a restaurant with regular clientele that may have to wait to be seated but if they run into the door saying they are starving and need to eat ASAP we sitting them in the kitchen near the stove and feeding them!
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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05-22-2018, 07:29 PM #9
- Join Date
- Jun 2017
- Posts
- 39
Marcus - I just sent you a PM. Call me please.
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05-22-2018, 08:28 PM #10
- Join Date
- Mar 2016
- Posts
- 186
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05-23-2018, 11:14 AM #11Patrick Wilson
Managing Partner
www.PremierCapitalNetwork.com
(NO MORE LENDER/FUNDER CALL PLZ)
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05-23-2018, 11:28 AM #12
- Join Date
- Oct 2014
- Posts
- 60
15 is alot but we should be able to put something decent together for you, and we can certainly get it done quickly.Please give me a call to discuss
Daniel Lenefsky
Senior Finance Executive/VP ISO relations
P:646-774-3301
F: 646-398-5656
daniel@yellowstonecapllc.com
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05-23-2018, 12:47 PM #13
- Join Date
- Jan 2014
- Posts
- 1,378
get in touch with Dan Page. I think his handle is dpfund on here. He can probably get this done for you quickly.
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05-23-2018, 01:01 PM #14
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,499
The ask is for $15,000,000. Most on this forum can't write a check above a $1mil.
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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05-23-2018, 01:47 PM #15
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,977
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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05-23-2018, 11:55 PM #16
- Join Date
- Jun 2017
- Posts
- 39
Thx all.
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05-24-2018, 12:12 PM #17
- Join Date
- Dec 2013
- Posts
- 4,713
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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05-31-2018, 11:33 PM #18
Shoot it over documentfunding@yellowstonecapllc.com or call 7187903671
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