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  1. #1
    Senior Member Reputation points: 35870
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    Oilfield service- seasonal business looking for 50K

    In business year and a half. He does around 100K-200K monthly between April-September. The problem is during the winter months hes doing around 10K a month. Has contracts for the year already. Needs 50K for employees/equipment for new jobs this year that would start in first week of February. Any lenders that can do this?

  2. #2
    Senior Member Reputation points: 216519
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    There are, it's just not a cash advance deal. Contract financing is fun, since most people don't believe the lenders exist

  3. #3
    Senior Member Reputation points: 54975
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    Mantis has funded some very complex Oilfield service groups, several were for very large amounts. (in fact 1 ill never forget had a very low # of deposits--it sticks out for the funding size -- ISO also told me in his 57 years he never saw such a commission size -- !).
    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

  4. #4

    Funded or still looking?

    Quote Originally Posted by MCN View Post
    In business year and a half. He does around 100K-200K monthly between April-September. The problem is during the winter months hes doing around 10K a month. Has contracts for the year already. Needs 50K for employees/equipment for new jobs this year that would start in first week of February. Any lenders that can do this?
    Hey did you find funding? Do you have bank statements?

  5. #5
    Senior Member Reputation points: 35870
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    Quote Originally Posted by Oceanic Capital View Post
    Hey did you find funding? Do you have bank statements?
    Not yet. I have bank statements. Any ideas?

  6. #6
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    MCN, I didn't hear back from the PM I sent you.

  7. #7
    Senior Member Reputation points: 35870
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    Mesaging you today

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