Results 1 to 7 of 7
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03-28-2019, 11:52 AM #1
- Join Date
- Nov 2018
- Posts
- 17
50% owner has 2 balances wants to pay one off
Trucking company depositing 300k monthly. Owes credibly 60K and Lendini 50K. Wants to pay one of them off. Credit 730. He's a 50% owner, second owner is Mexican and does not have a SS number.
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03-28-2019, 11:54 AM #2
- Join Date
- Feb 2017
- Posts
- 3,455
And Kevin will come on here recommending factoring. We can assume this client is already factoring?
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03-28-2019, 12:16 PM #3
- Join Date
- Nov 2018
- Posts
- 17
Kevin can recommend whatever he likes. I'm looking for an MCA product. Thank you!
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03-28-2019, 12:40 PM #4
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,501
Micah,
One should never assume.
1-I have little to know interest chasing $300K/month trucking deals.
2-There are many companies out there that have out-grown the owner's ability to self fund or their bank's line of credit. 7 deals on my desk right now with revenues ranging from $6Mil to $30Mil. 3 of them have been self funded seeking their first facility. 4 have outgrown their bank lines and the banks are not willing to increase.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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03-28-2019, 12:40 PM #5
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,501
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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03-28-2019, 12:52 PM #6
- Join Date
- Nov 2018
- Posts
- 17
Thanks Kevin!
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03-30-2019, 03:58 PM #7
- Join Date
- Mar 2019
- Location
- Henderson , NV
- Posts
- 9
not a problem call me i can get it done 702 748 2312 jefferon
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