Anyone Fund Client Who Has Corporate Turnaround?
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  1. #1

    Anyone Fund Client Who Has Corporate Turnaround?

    Does anyone fund a company who has corporate turnaround in their bank statements?

  2. #2
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    Why give a merchant that has corporate turnaround more than 5 seconds of your time?

  3. #3
    10k 1.599 20p

  4. #4
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    Quote Originally Posted by Peak Solutions LLC View Post
    10k 1.599 20p
    No thats for people who have satisfied the judgement already and the corp turnaround debits have stopped.

    Current DEBITS, Judgement Not Satisfied, throw it away

  5. #5
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    Quote Originally Posted by Cold Caller View Post
    Does anyone fund a company who has corporate turnaround in their bank statements?
    Not unless they have real estate with serious equity in it.

  6. #6
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    Define Corporate Turnaround.
    In the institutional world there are large corporate turnaround professionals/firms that are referral partners to us. Many lower middle market and middle market companies seek corporate turnaround advisors for a variety of reasons. Most people only think of them being involved in distressed situations. I have seen companies hire advisors when things are going very well to ensure they do not blow themselves up or ask for help because the business out grew their ability to manage it effectively.
    Kevin 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

  7. #7
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    Its MCA Debt Restructuring Kevin.

    Recet, MCA Helpline, Same ****

  8. #8
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    Quote Originally Posted by ryan $ View Post
    Its MCA Debt Restructuring Kevin.

    Recet, MCA Helpline, Same ****
    Probably no way near the caliber or scope of work as GlassRatner or Marshal Alverez......
    Kevin 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

  9. #9
    From my understanding the company corporate turnaround restructures outstanding debt and not just MCAs. This particular client provided the 1st page of the agreement showing it is a restructuring of dealings between them and a vendor/seller and is not MCA related. That is why I thought it might be possible.

  10. #10
    Quote Originally Posted by Cold Caller View Post
    From my understanding the company corporate turnaround restructures outstanding debt and not just MCAs. This particular client provided the 1st page of the agreement showing it is a restructuring of dealings between them and a vendor/seller and is not MCA related. That is why I thought it might be possible.
    in that case, 10k 1.599 30p

  11. #11
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    Quote Originally Posted by Cold Caller View Post
    Does anyone fund a company who has corporate turnaround in their bank statements?
    Corporate Turnaround = MCA Default, move on.
    Thank you,

    Lior Monus
    Business Development Manager
    CFG Merchant Solutions


    Direct: (646) 880-6764
    Cell: (516) 319-5826
    Fax: (646) 278-7322
    Lmonus@cfgms.com
    180 Maiden Lane New York, NY 10038

    www.cfgmerchantsolutions.com

  12. #12
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    Quote Originally Posted by Cold Caller View Post
    Does anyone fund a company who has corporate turnaround in their bank statements?
    Call Marcus Chapman. He says he funds all this ****.

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