Car Wash needs $150k for a month
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  1. #1
    Senior Member Reputation points: 47257
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    Car Wash needs $150k for a month

    They are a car wash business located in WA. They are waiting on a business loan but it wont come to fruition till the end of OCT.

    They have an opportunity to purchase a new machine that washes the cars. He has a machine in place that is old and has been having maintenance issues and he wants to replace it.

    The company has an opening to install it in Oct so he needs $150k for about 4-8 weeks until his business line comes in.

    Credit is over 800 on all 3 bureaus.

    He owns the property which was appraised at $550k, and he owes around $150-200k on it.

    Looking for something quick with little paperwork. Would syndicate on it as well.
    I put my contact info in here, and
    was bombarded with spam from funders
    if you need to reach me PM me

  2. #2
    Senior Member Reputation points: 198007
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    I think 8 weeks is the max term for Mantis. Nonetheless Marcus will still weigh in on this...

  3. #3
    Quote Originally Posted by skideeppow View Post
    They are a car wash business located in WA. They are waiting on a business loan but it wont come to fruition till the end of OCT.

    They have an opportunity to purchase a new machine that washes the cars. He has a machine in place that is old and has been having maintenance issues and he wants to replace it.

    The company has an opening to install it in Oct so he needs $150k for about 4-8 weeks until his business line comes in.

    Credit is over 800 on all 3 bureaus.

    He owns the property which was appraised at $550k, and he owes around $150-200k on it.

    Looking for something quick with little paperwork. Would syndicate on it as well.
    depends on his rev but if he can pay it back quick then loanme gives solid offers, interest is crazy if you carry the debt throughout the whole term but if he can pay it back by october that might be the best way to go. they give approvals fairly quick, HOWEVER they can only fund in certain states, and I dont know if WA is one of them

  4. #4
    Senior Member Reputation points: 47257
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    Quote Originally Posted by codyp_bizcash View Post
    depends on his rev but if he can pay it back quick then loanme gives solid offers, interest is crazy if you carry the debt throughout the whole term but if he can pay it back by october that might be the best way to go. they give approvals fairly quick, HOWEVER they can only fund in certain states, and I dont know if WA is one of them
    yes exactly accept he is in WA where loan me does not do business.
    I put my contact info in here, and
    was bombarded with spam from funders
    if you need to reach me PM me

  5. #5
    Have you tried UFS?

    Daniel Salamon
    Unique Funding Solutions
    Direct: 718-475-7656
    Fax: 1-347-549-4296
    Email: Dan@ufsfunding.com

  6. #6
    Have you tried UFS? Let me know if you would like to discuss further

    Daniel Salamon
    Unique Funding Solutions
    Direct: 718-475-7656
    Fax: 1-347-549-4296
    Email: Dan@ufsfunding.com

  7. #7
    Senior Member Reputation points: 54989
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    Mantis would go just shy half a year cresthill can fund 15 months !
    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

  8. #8
    Senior Member Reputation points: 50201
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    Quote Originally Posted by mcaguru View Post
    Mantis would go just shy half a year cresthill can fund 15 months !
    I smell BS

  9. #9
    Member Reputation points: 10
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    Sep 2018
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    Try FUNDKITE
    jo.t@fundkite.com
    9294432600

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