[Greg Cooper]

Hello Friends,

I've got a client who needs a consolidation. He has been in business from 2014. did over 1 million last year. has 4 MCA loans totaling 55k. in November he earned and deposited 125k , 60k in October and 79k in September. Client has 2 prior defaults from different MCAs than the ones he currently owes, one happened back in in 2018 the other in 2019. both were satisfied. Is there anyone here that will work with this guy. His business is strong and he needs a consolidation. Please text me if you can do this deal. I'm very busy so Id appreciate it if I don't get offers looking to sign me up if you cant do this specific deal. Thank you for your consideration.

Greg Cooper
Wall Street Corporate Finance
3475230827

[brandon_]

Do they own any real estate? Credit score?

[Greg Cooper]

600 fico owns 2 homes

[Kevin Henry-Seacoast]

Greg,

This would be way too small for us, but you might want to consider a factoring facility. If they billed $1Mil in revenue last year, they are billing just shy of $100K/month on average. That being said, they likely have $100K to $125K in AR outstanding which would be more than enough to pay off the current advances, net some additional liquidity, and have a revolving facility going forward.

Best,

KH

[Greg Cooper]

Thanks for the advice Kevin.

[CT3]

Hello Friends,

I've got a client who needs a consolidation. He has been in business from 2014. did over 1 million last year. has 4 MCA loans totaling 55k. in November he earned and deposited 125k , 60k in October and 79k in September. Client has 2 prior defaults from different MCAs than the ones he currently owes, one happened back in in 2018 the other in 2019. both were satisfied. Is there anyone here that will work with this guy. His business is strong and he needs a consolidation. Please text me if you can do this deal. I'm very busy so Id appreciate it if I don't get offers looking to sign me up if you cant do this specific deal. Thank you for your consideration.

Greg Cooper
Wall Street Corporate Finance
3475230827

Why'd he default 3 times all before corona?

[NationalCorporateData]

Factoring options for $1MM AGS are Eagle Business Credit, TBS Capital Funding, and Versant Funding. Some have higher amounts.

If they settled on the defaults, LCF Group might be interested in it. They've opened their box and have done large reverse consolidations.

[brandon_]

How much equity in both homes? Location?