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  1. #1

    Does anyone want this?

    Hi,

    I got a real estate service co--management, furnishings etc.--SIC Real Estate and other services. Has about 29K out. Does abot 30K/mo. I'd like to get him either consolidated or 15kish or more. Thoughts?

  2. #2
    YOu must be new to the industry my friend. Besides the SIC code, he's teetering on over leveraged and is the 29K one position? No way there is room for 15K more. If you find someone like that, please send them my way.

  3. #3
    Quote Originally Posted by info@nsslending.com View Post
    Hi,

    I got a real estate service co--management, furnishings etc.--SIC Real Estate and other services. Has about 29K out. Does abot 30K/mo. I'd like to get him either consolidated or 15kish or more. Thoughts?
    A 2nd is doable, SIC may be tough and a consolidation is even tougher. What are the payments on the 29k balance?

  4. #4
    Senior Member Reputation points: 6957 ESE5020's Avatar
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    Quote Originally Posted by info@nsslending.com View Post
    Hi,

    I got a real estate service co--management, furnishings etc.--SIC Real Estate and other services. Has about 29K out. Does abot 30K/mo. I'd like to get him either consolidated or 15kish or more. Thoughts?
    has 29k out, but what are his total Monthly MCA payments, that will give us a better idea of what he can afford.
    East Shore Equities, LLC
    Tel: (516) 784-4298 | Fax: (516) 231-5590
    www.EastShoreEquities.com

  5. #5
    Senior Member Reputation points: 54989
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    Mantis ?
    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

  6. #6
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    Quote Originally Posted by info@nsslending.com View Post
    Hi,

    I got a real estate service co--management, furnishings etc.--SIC Real Estate and other services. Has about 29K out. Does abot 30K/mo. I'd like to get him either consolidated or 15kish or more. Thoughts?
    Would need more details - a possible solution is a Term Loan and/or SBA
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  7. #7
    Do not get this merchant an MCA you will kill him slowly.



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