[skideeppow]

I have a merchant who does court reporting. They do around $150k a month, great ave daily balances and beg and ending balances.
Banks are clean. He just took a 12 month deal from Paypal to buy out a partner. Weekly payments are $2k, at a 1.13 rate.
He is looking for $75k. Has a $22k tax lien on his home.

On deck declined him for the tax lien. I am looking for someone who could do this deal at a reasonable rate (reasonable in terms of MCA).

Any suggestions?

[DannyFoxCap]

We can probably do this on a weekly, give me a call.

[Kevin Henry-Seacoast]

I have a merchant who does court reporting. They do around $150k a month, great ave daily balances and beg and ending balances.
Banks are clean. He just took a 12 month deal from Paypal to buy out a partner. Weekly payments are $2k, at a 1.13 rate.
He is looking for $75k. Has a $22k tax lien on his home.

On deck declined him for the tax lien. I am looking for someone who could do this deal at a reasonable rate (reasonable in terms of MCA).

Any suggestions?

This is really a staffing play. If they would consider factoring, I would be happy to take a look. $150k/month means they probably have $250K in AR outstanding.

[skideeppow]

This is really a staffing play. If they would consider factoring, I would be happy to take a look. $150k/month means they probably have $250K in AR outstanding.

What would you need to see?

[Kevin Henry-Seacoast]

What would you need to see?

2018 & YTD Income Statements and balance Sheets
AR & AP Detailed Agings

This would be a good start....

[JohnT.]

I have a merchant who does court reporting. They do around $150k a month, great ave daily balances and beg and ending balances.
Banks are clean. He just took a 12 month deal from Paypal to buy out a partner. Weekly payments are $2k, at a 1.13 rate.
He is looking for $75k. Has a $22k tax lien on his home.

On deck declined him for the tax lien. I am looking for someone who could do this deal at a reasonable rate (reasonable in terms of MCA).

Any suggestions?

GetSmarter#

The Smarter Merchant can do this contingent credit / background of the merchant and entity. A tax lien that small on his homestead property shouldn't be a deal killer, are they home based & sole prop?

Up to 16pt commissions, soft pull credit and 10 month 2nd position terms!

JohnT@thesmartermerchant.com / submissions@thesmartermerchant.com

212 803 3320

[brokerCompany]

What would you need to see?

Before you try factoring and gathering kevins list you should probably let him know who they bill , who their contracts and invoice are with

[Kevin Henry-Seacoast]

Most court reporting companies bill either the court or law firms for time and expenses. We have financed several of these.....hence the reason I said it was a staffing play.

[dfite]

We would be able to pay off the tax lien with the loan proceeds and price the deal out as if he didn't have it. Give me a call

[Zonefund]

We can probably do this on a weekly, give me a call.

You guys get snuffed by knight kcg ebf pearl. I don't know why I still submit deals. Has something changed?

[Robert@HamiltonGroup]

Hamilton will look at this deal.

[LoanMe_PN]

LoanMe does not have any policy in place regarding tax liens and we offer monthly payments to all LoanMe approved clients.

Feel free to contact me directly at 949-535-7384.