Results 1 to 16 of 16
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12-20-2018, 10:45 PM #1
- Join Date
- Jun 2015
- Posts
- 754
Who can do a second
Deal is as follows:
Second position behind OnDeck
Monthly revenue $4 million
Average daily balances very high
Industry: Healthcare
Time in business: 11 years
Merchant is looking for $400k at a minimum of 4 month term (will not pay more than a 1.45 and no more than a 10% fee) and wants to fund ASAP.
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12-20-2018, 10:49 PM #2
- Join Date
- Oct 2016
- Posts
- 4,318
Haha. Delete your account or else your PMs will be forever ****ed.
5 years from now someone will be asking you if this deal is still viable.
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12-20-2018, 11:12 PM #3
- Join Date
- Jun 2017
- Posts
- 2,049
This is a Joke right?
Seriously, send your deals to me, You dont have a clue. Ill fund everything for you and take 30%
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12-21-2018, 07:53 AM #4
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
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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12-21-2018, 07:55 AM #5
- Join Date
- Feb 2017
- Posts
- 3,463
I just saw Fedex trucker who the broker (who I highly respect!) arranged an SBA for him last year, and due to lack of working capital, now he's 3-4 positions deep in MCA (another set of brokers did that). Cheaper money in the first position doesn't always pan out to the "best" money.
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12-21-2018, 08:13 AM #6
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
An SBA should never be used for working capital purposes. It can be good for financing hard assets or a company that is steady-eddie. If a company is growing quickly they will outgrow the availability and you are locked in. There are better vehicles for first positions or senior positions.
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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12-21-2018, 08:55 AM #7
- Join Date
- Oct 2016
- Posts
- 4,318
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12-21-2018, 10:21 AM #8
- Join Date
- Jun 2015
- Posts
- 3,326
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12-21-2018, 10:32 AM #9
- Join Date
- Oct 2016
- Posts
- 4,318
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12-21-2018, 10:52 AM #10
- Join Date
- Jun 2015
- Posts
- 754
It’s healthcare. Gets deposits from Medicare and a ton of insurance companies.
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12-21-2018, 12:03 PM #11
- 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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12-21-2018, 12:35 PM #12
- Join Date
- Dec 2018
- Posts
- 132
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01-02-2019, 04:27 PM #13
- Join Date
- Sep 2018
- Posts
- 26
let fundkite show you what we can do
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01-02-2019, 04:36 PM #14
- Join Date
- Oct 2016
- Posts
- 4,318
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01-02-2019, 04:43 PM #15
- Join Date
- Sep 2018
- Posts
- 26
not true at all
Last edited by DavidT; 01-11-2019 at 01:50 PM.
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01-02-2019, 05:01 PM #16
- Join Date
- Dec 2015
- Location
- Texas
- Posts
- 552