Medical 20k per mo (bad month in Jan due gov shut down)
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  1. 02-04-2019, 02:00 PM #1
    Christian
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    Medical 20k per mo (bad month in Jan due gov shut down)

    I have a behavior health center that is paid through government subsidized insurance payments, that as a result of the government shutdown, had a $2,200 month in January. Normally they do 20-30k but are only paid in insurance disbursements a couple times per month. Good credit, 18 months in business. They are looking for money to get their therapists some additional certifications. Who can help?
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  2. 02-04-2019, 02:05 PM #2
    Lmonus
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    How do the balances look? I had a similar situation last week, the 200k per month business did 30k in Jan and but balances were 40k+ so we ended up funding it and hoping for the best. Let me know.
    Thank you,

    Lior Monus
    Business Development Manager
    CFG Merchant Solutions


    Direct: (646) 880-6764
    Cell: (516) 319-5826
    Fax: (646) 278-7322
    Lmonus@cfgms.com
    180 Maiden Lane New York, NY 10038

    www.cfgmerchantsolutions.com
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  3. 02-04-2019, 02:05 PM #3
    FroFunds
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    If you're signed up with LoanMe, they may be able to help here as long as the average daily bank balance is >$1.5k.
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  4. 02-04-2019, 02:11 PM #4
    BB_Cooper
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    How much are they looking for?

    Cooper deals with these "down month" cases routinely, but more typically in the context of C-/D paper.

    Robert S Bloink
    EVP of ISO Partnerships
    Direct: 248-341-9477
    Email: bb@cooperasset.com
    Web: www.cooperasset.com
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  5. 02-04-2019, 02:11 PM #5
    Christian
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    LoanMe is a no go due to being in TX. Average daily balances remained above 15k even through the January.
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  6. 02-04-2019, 02:13 PM #6
    Christian
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    Quote Originally Posted by BB_Cooper View Post
    How much are they looking for?

    Cooper deals with these "down month" cases routinely, but more typically in the context of C-/D paper.

    Robert S Bloink
    EVP of ISO Partnerships
    Direct: 248-341-9477
    Email: bb@cooperasset.com
    Web: www.cooperasset.com
    Looking for 20-30k. Tough, I know.
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  7. 02-04-2019, 02:17 PM #7
    abfunders
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    What does "good credit" mean?
    Micah Markowitz | mmarkowitz@abfunders.com | 314-396-2828 | abfunders.com
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  8. 02-04-2019, 02:18 PM #8
    Lmonus
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    Quote Originally Posted by abfunders View Post
    What does "good credit" mean?
    Good tradelines and not seeing an MCA company pull credit every single day since 2016 and 600+ credit i would consider good for my box.

    If the above is your merchant, ide like to give this deal a shot.
    Last edited by Lmonus; 02-04-2019 at 02:21 PM.
    Thank you,

    Lior Monus
    Business Development Manager
    CFG Merchant Solutions


    Direct: (646) 880-6764
    Cell: (516) 319-5826
    Fax: (646) 278-7322
    Lmonus@cfgms.com
    180 Maiden Lane New York, NY 10038

    www.cfgmerchantsolutions.com
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  9. 02-04-2019, 03:05 PM #9
    WhoisKingsley
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    I have an awesome medical factoring company. Under 100k needed for situations like this.
    Amanda Kingsley
    DailyFunder: WhoisKingsley
    This is me. https://www.facebook.com/whoiskingsley
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    Always Live and Lead with Integrity.
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  10. 02-04-2019, 03:34 PM #10
    mcaguru
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    All else fails ...Mantis is the house !
    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
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  11. 02-04-2019, 05:54 PM #11
    kcalderonwbl
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    If the client owns real estate (raw land, industrial, commercial, or residential (can be primary)) we can work on this file. We will also lend out to 2nd, 3rd, and 4th position if there's enough equity available. Feel free to shoot me an email or give me a call.

    Kcalderon@wbl.com
    212-220-3895
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  12. 02-05-2019, 10:29 AM #12
    SharmyllaSiew
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    Send it over Sharmylla@shizoom.com
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  13. 02-07-2019, 10:31 AM #13
    Khs
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    Health care industry is one of our specialties and currently working on getting a health care provider who was affected by the government shutdown 750K personal credit line.

    Kenny Sheff
    VP of Sales
    Start Again Credit
    Startagaincredit.com
    kenny@startagaincredit.com
    646-776-5800
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