[Wheetie]

I have a client who has 3 advances from reputable firms doing half a mil a month and his advances total 150k. What lender would possibly look at buying out all 3 positions to establish a clean relationship? Any advice would be greatly appreciated

[abfunders]

- What's the industry?
- What's the credit?
- Is there any collateral?

[Kevin Henry-Seacoast]

I have a client who has 3 advances from reputable firms doing half a mil a month and his advances total 150k. What lender would possibly look at buying out all 3 positions to establish a clean relationship? Any advice would be greatly appreciated

What industry? Would they consider and asset bade line or factoring facility?

[Wheetie]

They are contracts with decent credit but no property based collateral I can double check though. I believe he wanted to go straight off receivables.

[abfunders]

Contractors means that Kevin's out.
Email me, I have a solution to help you out and introduce you to.
Are they general contractors or sub?

[Kevin Henry-Seacoast]

They are contracts with decent credit but no property based collateral I can double check though. I believe he wanted to go straight off receivables.

Contracts or contractors?

[Wheetie]

Contracts or contractors?

Contractors lol

[Kevin Henry-Seacoast]

Contractors lol

Construction is an industry we do not finance. Jason Lippman at nFusion Capital in Texas might be able to help. Jason is an ex-FarWest guy who started his own firm. When I was an investment banker I did a couple of deals with him and he was very good to my clients. Let me know if you would like an intro.

Happy to point you in the right direction..... I get nothing for it except cookies from Jason every Christmas.

KH

[Wheetie]

Construction is an industry we do not finance. Jason Lippman at nFusion Capital in Texas might be able to help. Jason is an ex-FarWest guy who started his own firm. When I was an investment banker I did a couple of deals with him and he was very good to my clients. Let me know if you would like an intro.

Happy to point you in the right direction..... I get nothing for it except cookies from Jason every Christmas.

KH

Sure I would appreciate any help I can get, much appreciated

[Kevin Henry-Seacoast]

Sure I would appreciate any help I can get, much appreciated

PM coming.....

[ESE5020]

Not sure if this helps you at all, but we have been paid off a couple of times in the last month by Elevate Funding and before that Lendr had paid us off a couple of times as well.

Not sure what the terms or the program was, but may be worth looking into.

[VitalCapJeff]

I have a client who has 3 advances from reputable firms doing half a mil a month and his advances total 150k. What lender would possibly look at buying out all 3 positions to establish a clean relationship? Any advice would be greatly appreciated

Hello Wheetie, we can buy out up to 3 positions. We also like to fund the construction industry. Reach out if you want to discuss the deal further.

Jeff Pecori
ISO Relations manager
VitalCap Fund
48 Wall St. New York, NY 10005
P. 850.630.7509
F. 646.219.7949
jeff@vitalcapfund.com

[Wheetie]

Thanks guys! Jeff I just signed my company up with you guys a couple days ago very solid six figure approvals so far so I will be sending this and another one over as well!

[VitalCapJeff]

Sounds great, don't hesitate to reach out if you need any questions answered!

Jeff Pecori
ISO Relations manager
VitalCap Fund
48 Wall St. New York, NY 10005
P. 850.630.7509
F. 646.219.7949
jeff@vitalcapfund.com