Results 1 to 4 of 4
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08-26-2019, 05:36 PM #1
Reputation points: 5777
- Join Date
- Mar 2016
- Posts
- 335
Sprint Contractor Needs 150k
I have a prospect that needs 100k - 150k. Only one main client= Sprint. Has a few small clients (less than 10k per month). Does 60k or so per month with Sprint.
We cannot factor Sprint A/R.
I'm not looking to "work" this deal and convince him to take an MCA but I'll take a referral fee if you can place him with a lender or get him any type of capital.
No positions currently but I know he has 650 credit score. TIB 4 years
PM me and I'll send you details.Last edited by TedFundy; 08-26-2019 at 06:26 PM.
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08-26-2019, 05:41 PM #2
Reputation points: 5777
- Join Date
- Mar 2016
- Posts
- 335
He was prepared to receive factoring type rates... just FYI
---
Bill Doody
Round Table Financial
Business Development Officer
bill@rtfinancialgroup.com
C: (949) 444-3346
www.rtfinancialgroup.com
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08-26-2019, 07:55 PM #3
Reputation points: 84416
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,952
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
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08-27-2019, 08:15 AM #4
Reputation points: 338677
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,485
TedFundy,
-We can factor Sprint AR. Most traditional factoring companies will have issues with Sprint and a lot of other end customers. You are not allowed to direct payments to a third party and you cannot verify invoices.
-Company is way too small for us.
-We are very picky about this industry right now.
KHKevin 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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