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10-14-2019, 11:51 AM #1
- Join Date
- Jul 2014
- Posts
- 82
CA software company doing 400k looking for 150k 1st w/ only 20% owner signing
I'm looking for a company that can fund this deal the customer is looking for a 6-12 month term, first position. Only one owner is going to personally guarantee and he owns 20%. They have had 2 different advances in the past with the same structure, so I know at least 2 different companies have funded them in the past, just not through me as the broker.
Client is doing monthly gross revenue between $400k-$500k per month, average daily balance is $70k.
Please direct message me if you are a direct lender and can knock down this deal please.
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10-14-2019, 02:44 PM #2
- Join Date
- Jul 2015
- Location
- Tampa Florida
- Posts
- 499
We could look at this on credit card split if they have credit card processing receivable to leverage. We would need them to be averaging $90-160,000 to qualify for a $150,000 advance.
Jason H l Sales & Business Development
Quikstone Capital Solutions l Tampa FL
Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
Jason.Hausle@quikstonecapital.com
www.quikstonecapital.com
Direct Lender Since 2005
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