Results 1 to 19 of 19
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01-24-2020, 12:35 PM #1
Consolidate 6 MCAs
6 MCAs
Total: 548,000
14,600 Daily
AR: 460,000
Around $3.4 Gross
Commercial property is fully leveraged SBA.
any options for this merchant?
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01-24-2020, 12:44 PM #2
- Join Date
- May 2018
- Posts
- 130
guys over 100% holdback, no one is gonna touch it
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01-24-2020, 12:47 PM #3
- Join Date
- Nov 2019
- Posts
- 37
over-exposed for us, unfortunately
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01-24-2020, 12:55 PM #4
- Join Date
- Feb 2019
- Posts
- 124
may be able to get a reverse on some of the positions. Don't see anyone really getting involved on the whole balance.
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01-24-2020, 03:35 PM #5
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01-24-2020, 04:03 PM #6
- Join Date
- Jun 2017
- Posts
- 2,049
What type of Business?
Equipment Leaseback may be an option.
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01-24-2020, 04:26 PM #7
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01-24-2020, 10:48 PM #8
- Join Date
- Apr 2014
- Posts
- 781
Sinking ship
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01-25-2020, 08:26 PM #9
- Join Date
- Nov 2019
- Posts
- 53
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01-26-2020, 12:20 PM #10
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,959
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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01-27-2020, 07:58 AM #11
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,490
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
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01-27-2020, 02:50 PM #12
They are not looking for another MCA now! They were just idiots and took out all this MCA debt because one of their larger customers started paying slower and their factoring company decided to cut them off.
I dont think they have enough cash flow for SBA. Might be a dead deal with us.
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01-27-2020, 03:04 PM #13
- Join Date
- Feb 2017
- Posts
- 3,433
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01-27-2020, 03:32 PM #14
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,490
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
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01-27-2020, 04:14 PM #15
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,959
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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01-27-2020, 06:33 PM #16
- Join Date
- Jan 2014
- Posts
- 1,375
depending if they have equipment, can be option there, or inventory can be another option there. but as for reverse its a sinking ship
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03-31-2020, 11:52 PM #17
- Join Date
- Mar 2020
- Posts
- 160
Just put me in the race and watch!!!
Bilderberg Business Lenders
732-552-5010
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03-31-2020, 11:54 PM #18
- Join Date
- Mar 2020
- Posts
- 160
I am doing 9 positions right now.
Contact me ASAP!!!
Bilderberg Business Lenders
732-552-5010
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04-11-2020, 11:55 PM #19
- Join Date
- Mar 2020
- Posts
- 160
I will cut his payment by 70% or more into only one payment.
Anthony Auriemma
Phone : 848-480-1814
Fax: 888-440-1760
Cell: 732-552-5010
Email: anthony@BilderbergBusinessLenders.com
www.BilderbergBusinessLenders.com
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