$15,000,000 rush funding
Need a Funder or Vendor? START HERE

Results 1 to 18 of 18
  1. #1

    $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.

  2. #2
    Thanks.
    Last edited by ABL America; 05-22-2018 at 04:41 PM.

  3. #3
    Senior Member Reputation points: 198007
    Join Date
    Mar 2017
    Location
    Nunya
    Posts
    830

    Quote Originally Posted by ABL America View Post
    Thanks.
    Mantis. All. Day.

  4. #4
    Senior Member Reputation points: 340530
    Join Date
    Mar 2015
    Location
    Boynton Beach
    Posts
    3,499

    Quote Originally Posted by ABL America View Post
    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.
    Do they have any AR outstanding? Perhaps we could provide an asset based line of credit.
    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

  5. #5
    Senior Member Reputation points: 227883
    Join Date
    Feb 2017
    Posts
    3,455

    Scotsmans Guide is a better location to find direct lenders than Daily Funder

  6. #6
    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.

  7. #7
    The 3 accounts averaged $2.3M, $583k & $440k over the past 12 months.

  8. #8
    Senior Member Reputation points: 54989
    Join Date
    Dec 2013
    Posts
    4,713

    Quote Originally Posted by Nunya View Post
    Mantis. All. Day.
    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

  9. #9
    Marcus - I just sent you a PM. Call me please.

  10. #10
    Senior Member Reputation points: 6278
    Join Date
    Mar 2016
    Posts
    186

    Quote Originally Posted by ABL America View Post
    Marcus - I just sent you a PM. Call me please.
    lol...cant wait to see how that pans out.

  11. #11
    Senior Member Reputation points: 38639 patrickw's Avatar
    Join Date
    Mar 2017
    Posts
    590

    Quote Originally Posted by ABL America View Post
    Marcus - I just sent you a PM. Call me please.
    Lol incase if it gets any approval the contract will be from fundworks lol.
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  12. #12
    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

  13. #13
    Senior Member Reputation points: 203690
    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.

  14. #14
    Senior Member Reputation points: 340530
    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

  15. #15
    Senior Member Reputation points: 84417
    Join Date
    Mar 2014
    Location
    Florida
    Posts
    2,977

    Quote Originally Posted by kevinhenry0527 View Post
    The ask is for $15,000,000. Most on this forum can't write a check above a $1mil.
    Kevin - Great Answer I enjoy the part about 15 Million "Rush Funding"

    This deal sound like it needs to be handled by a Bank that specializes in Agra Loans
    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

  16. #16
    Thx all.

  17. #17
    Senior Member Reputation points: 54989
    Join Date
    Dec 2013
    Posts
    4,713

    Quote Originally Posted by ABL America View Post
    Marcus - I just sent you a PM. Call me please.
    Has my team reached out Swiftly ?
    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

  18. #18
    Senior Member Reputation points: 570 dworange's Avatar
    Join Date
    Jun 2016
    Posts
    132

    Shoot it over documentfunding@yellowstonecapllc.com or call 7187903671

Similar Threads

  1. Replies: 0
    Last Post: 04-12-2018, 06:14 PM
  2. CrestHill Capital / FRIDAY RUSH DAY
    By mcaguru in forum Deal Bin
    Replies: 0
    Last Post: 09-16-2016, 12:12 PM
  3. CrestHill Capital / FRIDAY RUSH DAY
    By mcaguru in forum Promotions
    Replies: 2
    Last Post: 09-09-2016, 04:06 PM
  4. Replies: 3
    Last Post: 06-29-2015, 11:36 AM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Blue Owl Capital acquires Atalaya
Kansas added to disclosure service tool
FIS launches SMB digital lending


DIRECTORY