Results 1 to 18 of 18
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05-15-2019, 11:06 AM #1
- Join Date
- Feb 2019
- Posts
- 18
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!
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05-15-2019, 11:22 AM #2
- Join Date
- Dec 2013
- Posts
- 4,713
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
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05-15-2019, 11:31 AM #3
- Join Date
- Feb 2017
- Posts
- 3,463
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?
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05-15-2019, 11:37 AM #4
- Join Date
- Feb 2019
- Posts
- 18
Okay Thank you Micah!
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05-15-2019, 11:39 AM #5
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
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05-15-2019, 01:36 PM #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.
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05-15-2019, 02:06 PM #7
- Join Date
- Apr 2014
- Posts
- 781
If you want max commission mca is your ticket by far!!
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05-15-2019, 03:04 PM #8
We can give you a weekly
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05-15-2019, 03:15 PM #9
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
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
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05-15-2019, 03:53 PM #10
- Join Date
- Jan 2019
- Posts
- 45
East shore? I have never seen you pull anything. Must be a brokershop pretending to be a funder......
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05-15-2019, 04:48 PM #11
East shore is a higher risk direct lender.
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05-15-2019, 04:49 PM #12
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05-15-2019, 04:53 PM #13
- Join Date
- Oct 2016
- Posts
- 4,318
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05-15-2019, 04:55 PM #14
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05-15-2019, 05:07 PM #15
- Join Date
- Jan 2019
- Posts
- 45
Haha we are submitting with you. I have never seen ESENow.com pulling but I will take your WestCoastFunding word on it.
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05-16-2019, 01:56 AM #16
- Join Date
- Aug 2018
- Posts
- 882
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05-16-2019, 05:59 AM #17
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05-16-2019, 11:50 AM #18
- Join Date
- Dec 2013
- Posts
- 4,713
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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