Collateral Based Funding
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  1. #1
    Senior Member Reputation points: 70961
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    548

    Collateral Based Funding

    Hi DF,

    I am looking for someone who offers this. In this instance a cash advance won't work for the merchant. He owns a laundromat and I was wondering if he would be able to get a loan and use the equipment as collateral. All help is greatly appreciated. Thank you!

  2. #2
    Send me a text or email, we can go over the details of the situation and see if his company is holding onto any assets of substantial value,

    David Sica
    347-831-4336
    Davids@allfisolutions.com
    AllFi Solutions

  3. #3
    Senior Member Reputation points: 84403
    Join Date
    Mar 2014
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    Florida
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    2,926

    Quote Originally Posted by freeprocessing View Post
    Hi DF,

    I am looking for someone who offers this. In this instance a cash advance won't work for the merchant. He owns a laundromat and I was wondering if he would be able to get a loan and use the equipment as collateral. All help is greatly appreciated. Thank you!
    Term Loan Possible?
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  4. #4
    Senior Member Reputation points: 68233
    Join Date
    Dec 2014
    Location
    Quogue, NY
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    1,108

    Check out Eastern Funding in the NYC area- they specialize in funding Laundromats. They understand the cash component of the business

  5. #5
    Senior Member Reputation points: 14001
    Join Date
    Jul 2018
    Posts
    193

    Does anyone do collateral funding for trucking/Vehicle industries ?

  6. #6
    If they are willing to put up the real estate as well we can take Vehicles and sometimes equipment here at WBL. Give me a call!
    David Fite
    Director of ISO Relations

    Windgate Capital
    40 Wall Street, 29th Floor, New York, NY 10005
    Direct: (516) 400-2087 ǀ Fax: (347) 708-8699 | Cell: (929)-361-4156
    David@WindgateCapital.com ǀ https://www.WindgateCapital.com/

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