300-500k a month catering company
Need a Funder or Vendor? START HERE

Results 1 to 14 of 14
  1. #1
    Senior Member Reputation points: 5448
    Join Date
    May 2018
    Posts
    199

    300-500k a month catering company

    Guy has 110k balance remaining from a 13 month term. credit is mediocre like a 590-620. He is either looking for 75k over 10 months or buyout 15-18. Where would you place? I am a new iso (3 weeks) and on deck wont take me and catering is slightly restricted/high risk. His TIB is 10 years+ but doesnt have a lot of biz credit

  2. #2
    Member Reputation points: 1949
    Join Date
    Nov 2018
    Location
    San Diego, CA
    Posts
    75

    Everest for a 2nd position $50k

  3. #3
    Senior Member Reputation points: 54989
    Join Date
    Dec 2013
    Posts
    4,713

    cresthill capital all day long ...!!
    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

  4. #4
    Senior Member Reputation points: 49940
    Join Date
    Aug 2014
    Posts
    620

    The dollar amount you're asking for should be easy, sounds good for over 100k. i can probably swing 6-7 months here. Feel free to reach out if I can be of any help.

  5. #5
    Senior Member Reputation points: 5448
    Join Date
    May 2018
    Posts
    199

    I dont think cresthill will give me an 8-9 month term I was hoping more towards a buyout option as the previous lender that he has a current balance with is offering him 70k over 6 months

  6. #6
    Have you placed this one yet?

  7. #7
    Senior Member Reputation points: 5448
    Join Date
    May 2018
    Posts
    199

    Nope

  8. #8

  9. #9
    Quote Originally Posted by Wheetie View Post
    Guy has 110k balance remaining from a 13 month term. credit is mediocre like a 590-620. He is either looking for 75k over 10 months or buyout 15-18. Where would you place? I am a new iso (3 weeks) and on deck wont take me and catering is slightly restricted/high risk. His TIB is 10 years+ but doesnt have a lot of biz credit
    We may be able to offer a strong 2nd on this. I sent you a PM, let me know how I can help.
    Michael Candia
    Director of Business Development
    RDM Capital Funding
    _________________________________
    Phone: 973-685-2992
    Fax: 877-837-6080
    Email: mcandia@rdmcapitalfunding.com
    www.rdmcapitalfunding.com

  10. #10
    I can do it and whitelabel you

  11. #11
    Senior Member Reputation points: 5448
    Join Date
    May 2018
    Posts
    199

    So whats up

  12. #12
    we can do it email me
    David T
    ISO Relations Manager
    Business Development
    FundKite
    David.t@fundkite.com

  13. #13
    --
    Last edited by DavidM; 07-24-2019 at 10:55 AM.

  14. #14
    Member Reputation points: 10
    Join Date
    Jul 2017
    Location
    FL
    Posts
    35

    Hi Wheetie,

    If you are still looking for a more long-term solution for this deal;
    and if this caterer has accounts receivable to commercial customers, then I would be happy to look at this file.

    • AmeriFactors pays brokers RECURRING monthly RESIDUAL commissions.
    • AmeriFactors is a direct lender and has funded over $5BILLION since 1990.
    • We specialize in offering "NON-Recourse Factoring", which is often the preferred form of factoring for service-oriented companies.
    • We use our own money, which leads to quicker Yes/No decisions, and lower financing costs.
    • No site visit required; fast closing docs offered; we have in-house legal dept.

    Send me a pm or give me a call or email, to learn more about our quick A/R Factoring options.

    Rob Brownell
    Amerifactors Financial Group
    215 Celebration Place, Suite 340, Celebration, FL 34747
    p: 772-419-8606
    e: rbrownell@amerifactors.com
    w: www.amerifactors.com

Similar Threads

  1. 500K a month
    By shieldfunding in forum Deal Bin
    Replies: 27
    Last Post: 03-30-2018, 03:31 PM
  2. Replies: 5
    Last Post: 11-28-2017, 01:42 PM
  3. 2MM a Month looking for 500k LOC
    By PJLamar38 in forum Deal Bin
    Replies: 2
    Last Post: 02-03-2017, 01:44 PM
  4. 3rd position seeking 10 month term Catering Company
    By CashAdvanceKing in forum Deal Bin
    Replies: 10
    Last Post: 02-01-2017, 04:31 PM
  5. Catering company looking for 25k
    By randyw in forum Deal Bin
    Replies: 15
    Last Post: 01-25-2016, 12:47 PM


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

Lendistry welcomes new CFO
LegalZoom partners w/ businessloans.com
iBusiness Funding acquires Funding Circle


DIRECTORY