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08-21-2014, 10:39 AM #1
Reputation points: 41
- Join Date
- Aug 2014
- Posts
- 11
Govt General Contractor Needs $300k
Type: Builders
Where: CA
Time in Business: 3 years+
Asking: $300k
For: Govt building projects (Has ongoing contracts that are billed every 30 days, one totaling $6.9 mil. Expecting $600k in invoices over the next 30-60 days)
Monthly: $200k+
Credit: 749
I have everything you would need to qualify this deal. 12 months bank statements, contracts, invoices, 2 years tax returns, aging report, etc. Invoice factoring or contract financing would work as well. Merchant is looking for 1.16-1.20, 6 month payback. Needs funds ASAP so I'm not interested in over-stipping this client.
This is a really good deal, any takers?
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