Merchant grossing 6 million / Plumbing
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  1. #1

    Merchant grossing 6 million / Plumbing

    Hey guys,

    I have a merchant grossing 6 million, clean banks, looking for 300-500k. Plumbing industry with 700credit. Looking for monthly program. Any suggestions, was thinking term loan? Thank you in advance!

  2. #2
    Senior Member Reputation points: 54989
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    plug your computer into high voltage outlets used for The Yellow Page Printing presses as you will get bombarded with inbox send me messages (rightfully so!)...As in one of those private messasges can and will get you a 500K offer !! (should the file carry its weight)
    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
    http://www.cresthillcapital.com

  3. #3
    Senior Member Reputation points: 227883
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    Suggestions for you to ask:
    - Find out if there is any senior debt
    - Is he doing only B2C or also B2B work?
    - Does he have any real estate or collateral that's available for leveraging?

  4. #4
    Okay Thank you Micah!

  5. #5
    Senior Member Reputation points: 6957 ESE5020's Avatar
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    We offer weekly payments, but a guy like that will most likely get a better offer from an A paper funder.

    If he gets funded elsewhere, and you need more to get him what he needs. Let me know, I will do weekly on a 2nd, 3rd or even a 4th with a clean file like this.

    Submit to: Submissions@EastShoreEquities.com
    East Shore Equities, LLC
    Tel: (516) 784-4298 | Fax: (516) 231-5590
    www.EastShoreEquities.com

  6. #6
    Fundation has decent monthly programs. Definitely make sure to get a debt and real estate schedule along with a couple tax returns and a YTD P&L and balance sheet. This is an offer I just received to give you an idea on pricing but each deal is different with them. There are other cheaper secured loan options if there is decent real estate on the table.


  7. #7
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    If you want max commission mca is your ticket by far!!

  8. #8
    Sponsor Reputation points: 9187 DannyFoxCap's Avatar
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    We can give you a weekly
    Direct: 347-468-7528
    Cell: 305-753-3967
    Fax: 866-557-0455
    Email: Danny@foxbusinessfunding.com

  9. #9
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    Do yourself and your client a favor..... If they are providing commercial plumbing services, find a construction factor. $6Mil in revenue for most construction related companies equates to $900K to $1Mil in AR outstanding. If the end credits are decent you should be able to get them a decent rate on a $1.5Mil factoring facility.

    A deal priced in the high teens you will make around $30K....if not more...
    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

  10. #10
    East shore? I have never seen you pull anything. Must be a brokershop pretending to be a funder......

  11. #11
    Member Reputation points: 44 JeffMulford's Avatar
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    East shore is a higher risk direct lender.

  12. #12
    Senior Member Reputation points: 6957 ESE5020's Avatar
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    Quote Originally Posted by davedamoneyman View Post
    East shore? I have never seen you pull anything. Must be a brokershop pretending to be a funder......
    You probably don't see many files, and our information is verifiable on NYS court website. You don't have to submit we are fine with that, and we pull as ESENow.com
    East Shore Equities, LLC
    Tel: (516) 784-4298 | Fax: (516) 231-5590
    www.EastShoreEquities.com

  13. #13
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    Quote Originally Posted by davedamoneyman View Post
    East shore? I have never seen you pull anything. Must be a brokershop pretending to be a funder......
    We vetted East shore pretty hard on here and they certainly checked out and passed.

  14. #14
    Senior Member Reputation points: 6957 ESE5020's Avatar
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    Quote Originally Posted by WestCoastFunding View Post
    We vetted East shore pretty hard on here and they certainly checked out and passed.
    thanks WestCoast, We are certainly not for everyone, ill be the first to admit that, but we are definitely direct
    East Shore Equities, LLC
    Tel: (516) 784-4298 | Fax: (516) 231-5590
    www.EastShoreEquities.com

  15. #15
    Haha we are submitting with you. I have never seen ESENow.com pulling but I will take your WestCoastFunding word on it.

  16. #16
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    Quote Originally Posted by ESE5020 View Post
    thanks WestCoast, We are certainly not for everyone, ill be the first to admit that, but we are definitely direct
    They aren't direct, you fund through another high risk funders whose name i do not want to mention, so as to not tarnish your name, talking **** isn't my specialty.

  17. #17
    Senior Member Reputation points: 6957 ESE5020's Avatar
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    Quote Originally Posted by Zonefund View Post
    They aren't direct, you fund through another high risk funders whose name i do not want to mention, so as to not tarnish your name, talking **** isn't my specialty.
    Seems like researching isn’t your specialty either, a quick court search would save you a lot of time
    East Shore Equities, LLC
    Tel: (516) 784-4298 | Fax: (516) 231-5590
    www.EastShoreEquities.com

  18. #18
    Senior Member Reputation points: 54989
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    I don't doubt when a company says they can or are actually funding. Over the years i have seen many companies enter the space. some come - some go - and some even stay!

    By point is don't act shocked or argue with someone that claims they fund -- they are out there!
    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
    http://www.cresthillcapital.com

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