Roofing and Gutter business grossing 1,200,000+ - TIB 1 Year
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  1. #1

    Roofing and Gutter business grossing 1,200,000+ - TIB 1 Year

    Hello,

    I have a roofing and gutter company looking for 100k.

    They currently have a 6 month offer for 50k but need more capital at longer terms. High 600+ credit great Bank Statements. TIB 1 year.

    Any direct lenders that can compete on this file?

  2. #2
    Hello,

    I might be able to get a bit more on the approval amount but not a lot of movement on the term. What's probably killing this deal from getting the larger/longer approval is their short time in business (1yr).
    If you can also get the payback months Jan-April from last year and they look good its a strong possibility we can get this done.

    Let me know if you have a few minutes to chat.

    Erik Marin
    Senior ISO Relations Manager
    E: Erik@bcproviders.com
    O: 888-255-1819 Ext. 201
    D: 954-364-7909
    F: 954-534-9267
    2501 Hollywood Blvd. Suite 210
    Hollywood, FL 33020
    Find Us on Google Maps
    https://bcproviders.com/

  3. #3
    Senior Member Reputation points: 16709
    Join Date
    Jul 2014
    Location
    Jackson Hole Wy
    Posts
    727

    Loanme would probably do it

  4. #4
    What state?

  5. #5
    Florida

  6. #6
    Hello, Smart Business Funding here, I believe we can offer your merchant a better term. Feel free to reach us at submit@smartbusinessfunder.com or call us (866) 737-6278 if this deal is still open.

  7. #7
    Quote Originally Posted by Igm View Post
    Hello,

    I have a roofing and gutter company looking for 100k.

    They currently have a 6 month offer for 50k but need more capital at longer terms. High 600+ credit great Bank Statements. TIB 1 year.

    Any direct lenders that can compete on this file?

    Do they have an existing position? If so, we can look at providing an offer that works, given that the bank statements check out. Our terms go up to 10 months and our rates start at 1.29-1.30, with 18% in total commission available and hard underwriting upfront.

    David M. Sica
    Business Development Manager
    Desk: 646.741.2929
    Dsica@ByzFunder.com
    www.Byzfunder.com

  8. #8
    Member Reputation points: 701
    Join Date
    Jan 2020
    Location
    Austin, TX
    Posts
    11

    Quote Originally Posted by Igm View Post
    Hello,

    I have a roofing and gutter company looking for 100k.

    They currently have a 6 month offer for 50k but need more capital at longer terms. High 600+ credit great Bank Statements. TIB 1 year.

    Any direct lenders that can compete on this file?
    We'd love to take a look at this! As a direct lender, we have the flexibility to give you a better offer. Shoot me an email with more info.

    Wendy Peza
    Partner Manager, GetBackd
    wendy@getbackd.com

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