Results 1 to 10 of 10
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05-28-2019, 02:48 PM #1
- Join Date
- Feb 2019
- Posts
- 18
Looking for 75k
I have a merchant who is looking for 75k in working capital. The projects he痴 working on pay weekly instead of carrying a 60 to 90 day invoices.
They are paid on scale tickets to move dirt from the sand pit to the job. The contract is set for $7.00 dollars a yrd, based on twenty five yrds. Per truck. They will have 30 trucks working, doing 275k a week.
Gross monthly =1.1m a month
Net monthly. = 250k a month
All trucks are independent contractors.
Contractors are paid weekly after settlements. Looking to pay off the loan in 30-60 days. Merchant has poor credit. Any suggestions?
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05-28-2019, 02:53 PM #2
We can look at something like this, Credit wont be a factor, but we will need to see a copy of the contracts for how they get paid and will need to be verifiable.
I would have a few other questions before giving an offer on this, if you want to give it a shot send to Submissions@EastShoreEquities.com
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05-28-2019, 03:02 PM #3
- Join Date
- Aug 2017
- Location
- NYC/Miami
- Posts
- 112
This could be a deal for us. sent you a PM.
Keep in mind we are offering Bonus points this month.
Eli@appfunding.com
APP FUNDING
DIRECT LENDER
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05-28-2019, 03:05 PM #4
This is an easy deal for Fox, no minimum credit score.
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05-28-2019, 04:39 PM #5
- Join Date
- Dec 2018
- Posts
- 132
We fund trucking companies that have 5+ trucks due to SIC code. This definitely fits the box with revenue. Assuming daily ending balances are strong we can give him a strong max offer
If the merchant wants to payoff with in the first month I can give him a strong early payment discount. LMK
Jayson@mradvancellc.com
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05-29-2019, 12:34 PM #6
- Join Date
- Dec 2013
- Posts
- 4,713
Mantis funds a 75K or 150K with the same ease as a smaller deal!
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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06-06-2019, 01:33 PM #7
- Join Date
- Feb 2019
- Posts
- 3
This seems like a good file for us. We can offer a prepayment discount as well. Would love to take a look at it. Please send it over to michaelrod@24capital.com
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06-11-2019, 12:43 PM #8
- Join Date
- Feb 2016
- Posts
- 55
We can definitely take a look at this
please send over details and i will send over an Iso agreement and let you know what we can doBen Terner
VP of ISO Relations
Direct: 248-341-9789
Email: bterner@cooperasset.com
Web: www.cooperasset.com
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06-11-2019, 12:44 PM #9
- Join Date
- May 2019
- Posts
- 29
we can take a look at this
submissions to James@ufsfunding.com
James Ghoori
VP Iso relations
Unique Funding Solutions
Cell- (917)543-1545
Work-(516)218-1089
Fax-347-549-4296
http://www.ufsfunding.com/
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06-11-2019, 12:45 PM #10
- Join Date
- May 2019
- Posts
- 29
send to ufs
James@ufsfunding.com