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  1. #1

    $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

  2. #2
    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.

  3. #3
    This sounds doable and we can do a longer term if needed. Please
    Reach out if I can be of any help.
    Anthony
    Senior Funding Coordinator
    Anthony@fundersconnect.com
    Direct: (516)-282-0933
    Fax: (646)-403-3092

  4. #4
    Senior Member Reputation points: 158599 ryan $'s Avatar
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    You should be able to get this done anywhere.

    What issues are omitted from the post?

  5. #5
    Senior Member Reputation points: 5013 @jeannette's Avatar
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    Buford, GA
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    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

  6. #6
    Senior Member Reputation points: 247570
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    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

  7. #7
    Senior Member Reputation points: 129707
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    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.
    Micah Markowitz | mmarkowitz@abfunders.com | 855-33-GO-ABF (direct)

  8. #8

  9. #9
    Senior Member Reputation points: 26502
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    Ondeck, with a strong prepay.

  10. #10
    Member Reputation points: 13 B2csp's Avatar
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    Florida
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    Quote Originally Posted by viper066 View Post
    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
    I dont get why you would post this, a deal like that can be done anywhere. whats wrong with the file?

  11. #11
    Member Reputation points: 3079
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    Jan 2020
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    Brooklyn, New York
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    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

  12. #12
    lets fund
    Last edited by ybother; 08-31-2020 at 12:39 PM.

  13. #13
    Senior Member Reputation points: 11124
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    Quote Originally Posted by ybother View Post
    this deal is perfect for the higher risk lenders such as myself. why dont you give me a call and ill give you an offer within 15 minutes.
    6466002007.
    and which high risk funding company would that be??
    IRM VENTURES CAPITAL
    Head of ISO Relations

    Office: 732-592-3840
    Email: mark@irmcapitalllc.com
    https://irmcapitalllc.com/

    Direct Funder

  14. #14
    lol
    Last edited by Josh Kinder; 08-25-2020 at 03:01 PM.

  15. #15
    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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