Results 1 to 4 of 4
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12-05-2018, 10:54 AM #1
- Join Date
- Oct 2014
- Posts
- 26
1st position C.A Trucking company 1.3 M monthly "FTB Suspended" on corporate search
CA Trucking company. One full year in business with new company. The previous company shows "FTB Suspended" on CA corp search.
1.3M monthly deposits. Decent balances. 5 deposits monthly.
1st position. Looking for 200k+
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12-05-2018, 11:00 AM #2
- Join Date
- Dec 2013
- Posts
- 4,713
Mantis's first middle and last name is trucking (many claim its "construction" but either way its a close call)
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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12-05-2018, 11:30 AM #3
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,485
PDMBLS-If the Company is billing $1.3mil/month they likely have well over $1.5Mil in receivables outstanding. That being said, they should factor their AR as they would get far more liquidity for the business. If they are factoring already and still need capital perhaps their current factor is way too expensive or not giving a good advance rate on AR.
KHKevin 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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12-05-2018, 01:44 PM #4
With only 5 deposits a month it sounds like they are currently factoring. They may want to get a competitive quote on the Advance Rate and Factoring Fees. If you would like to send me the information to take a look at I would be happy to. We are owned by an equipment finance company and use equity in the equipment to get them cash out during a refinance.
Jeannette Nearing | Business Development Officer| AmeriFactors
| M (770) 362-2307
jnearing@amerifactors.com |
http://www.amerifactors.com
https://www.linkedin.com/in/jeannettenearing
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