Low deposits
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  1. #1
    Senior Member Reputation points: 44858
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    Low deposits

    what funders will fund a deal with low deposits 3 in most recent month , 6 in october, 3 in september
    biz is staffing, the recurring deposit is from an invoice factoring company "COMMERCIAL FUNDING INC "

  2. #2
    Senior Member Reputation points: 341293
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    Do you have a copy of their 2018 income statement? A better route might be to get them a more cost effective factoring facility. If the Company is generating in excess of $2Mil/year in revenue, I might be able to help.

    We offer factoring facilities and asset based lines of credit to companies in a variety of industries nationally. Staffing happens to be our most active industry.

    KH
    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

  3. #3
    Senior Member Reputation points: 44858
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    don't think they do excess of $2MM/year also the business was started 1/19 ...does this still sound appealing to you ?

  4. #4
    Senior Member Reputation points: 341293
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    If they are doing at least $1Mil with solid path to growth-Yes.
    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

  5. #5
    Senior Member Reputation points: 54989
    Join Date
    Dec 2013
    Posts
    4,713

    Mantis is one of the largest MICRO (& NANO) File funders in the country. (we also fund LARGE Files)
    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
    SuperFast Capital
    superfastcapital.com
    (646) 546-3866
    Joe
    https://youtu.be/I8rSxQiw0ao

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