Results 1 to 15 of 15
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08-17-2020, 07:04 AM #1
- Join Date
- Dec 2016
- Posts
- 56
$100k for 30 days
A 5 year old Manufacturing machine products in WA
LOOKING FOR 1st POSITION SHORT TERM OF 30 DAYS OF $100k
monthly avg $300,000
avg daily balance $30k
credit 650
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08-17-2020, 07:44 AM #2
- Join Date
- Aug 2020
- Posts
- 15
i can take a look at this deal if he is not a default. This is Frank from Avanza Capital and my number is 212-457-1573, you can give me a call to discuss.
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08-17-2020, 09:42 AM #3
- Join Date
- Aug 2014
- Posts
- 620
This sounds doable and we can do a longer term if needed. Please
Reach out if I can be of any help.
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08-17-2020, 10:37 AM #4
- Join Date
- Jun 2017
- Posts
- 2,049
You should be able to get this done anywhere.
What issues are omitted from the post?
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08-17-2020, 11:48 AM #5
This sounds like this is better fit for a PO type structure. Usually PO is secured with AR, if they already have a AR Facility in place they can easily get a inter creditor agreement in place. The PO Lender can then pay the suppliers/vendors until the product is manufactured - sounds like he has a 30 day time for delivery since that is how long he would like the loan. If he needs funding in the future he has the line open and you would receive a commission for the life of the relationship.
Jeannette Nearing | Business Development Officer| AmeriFactors
| M (770) 362-2307
jnearing@amerifactors.com |
http://www.amerifactors.com
https://www.linkedin.com/in/jeannettenearing
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08-17-2020, 12:01 PM #6
- Join Date
- Jun 2015
- Posts
- 3,325
why look for such a short term deal. It makes no sense within 2 weeks you will have principal paid back.What you need is a 12 month deal that has a good early payoff option if paid within 30 days.Unless like ryan stated that you omitted something
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08-17-2020, 12:46 PM #7
- Join Date
- Feb 2017
- Posts
- 3,455
If you're insisting on something with a very good prepay and very quick turn-around and still you get paid (since you get very little from a PO financing up-front, but the long-term is awesome), you can go with LoanMe. It will cost him slightly more than 10%, since the client will pay the entire thing off within 30 days, and you'll get paid 5 points. Obviously the client deserves a PO financing and/or factor, but the question is how long it will take to get the turn-around and if the opportunity will be over before it can fund.
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08-17-2020, 01:42 PM #8
- Join Date
- Dec 2018
- Posts
- 33
send to mark@bridgefundingcap.com
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08-17-2020, 03:13 PM #9
- Join Date
- Oct 2014
- Location
- Naples, FL
- Posts
- 476
Ondeck, with a strong prepay.
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08-17-2020, 05:43 PM #10
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08-18-2020, 01:22 PM #11
- Join Date
- Jan 2020
- Location
- Brooklyn, New York
- Posts
- 125
Lending Valley, Inc can take care of this one for you. TIB, Industry and state is strong. From what I see the statements should look healthy too.....Just curious as to why you haven't received an offer on this yet. Lets hop on a call when you can to discuss.
Clark Sica
Business Development Manager
Lending Valley, Inc.
Office Line: 347-478-5161
Mobile Line:347-536-0528
Fax: 1-888-850-1971
www.LendingValley.com
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08-19-2020, 01:27 PM #12
- Join Date
- Jun 2020
- Location
- Brooklyn
- Posts
- 12
lets fund
Last edited by ybother; 08-31-2020 at 12:39 PM.
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08-19-2020, 10:55 PM #13
- Join Date
- Mar 2019
- Posts
- 254
EPIC ADVANCE
Mark@epic-advance.com
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08-25-2020, 01:07 PM #14
- Join Date
- Sep 2019
- Posts
- 7
lol
Last edited by Josh Kinder; 08-25-2020 at 03:01 PM.
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08-28-2020, 11:06 AM #15
- Join Date
- Aug 2020
- Posts
- 14
Hi,
My name is Izzy,
Hit me up i can help you with funding with in a few Hours..
Feel free to call me on 202-836-7538
Looking forward helping you out.
Thanks
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