400k in the banks looking for 200k
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  1. 12-12-2019, 12:21 PM #1
    IKorie
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    400k in the banks looking for 200k

    I have a consulting company looking for 200k. They have 400k in the banks and gross about 20k a month. FICO is 650. Revenue Annual is 2.1MM. Need a low interest(as low as possible) loan quickly. Contact: info@powerexproduction.com
    Last edited by IKorie; 12-12-2019 at 01:53 PM.
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  2. 12-12-2019, 12:24 PM #2
    FinancialSwissArmyKnife
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    How do they make 20K a month and yet do 2.1 million a year?
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  3. 12-12-2019, 12:32 PM #3
    IKorie
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    Quote Originally Posted by FinancialSwissArmyKnife View Post
    How do they make 20K a month and yet do 2.1 million a year?
    That is how much they grossed for the last 3 months. The 20k is an average for those months. 2.1MM is for the whole year.
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  4. 12-12-2019, 02:10 PM #4
    mcaguru
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    mantis ?
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  5. 12-12-2019, 06:18 PM #5
    Yankeeman07
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    Quote Originally Posted by IKorie View Post
    I have a consulting company looking for 200k. They have 400k in the banks and gross about 20k a month. FICO is 650. Revenue Annual is 2.1MM. Need a low interest(as low as possible) loan quickly. Contact: info@powerexproduction.com
    Is the $200K for equipment? What State? TIB? P&L?
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  6. 12-17-2019, 01:22 PM #6
    hybridfunder
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  7. 12-17-2019, 02:11 PM #7
    Red
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    Quote Originally Posted by IKorie View Post
    That is how much they grossed for the last 3 months. The 20k is an average for those months. 2.1MM is for the whole year.
    Why did the revenue drop so drastically from avg $175k/mo to only $20k/mo?
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