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  1. #1
    Noob Reputation points: 10
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    3rd position offer - Construction co

    Client seeking $25k - 3rd position. Construction company in Maryland has been in business for 50 years. Has never defaulted on mca.

    Paid off 3rd position last week and seeking a new 3rd position. $30k average monthly revenue. If this meets your underwriting requirements please reply.

    Thanks

  2. #2
    hitting 25k is pushing it but we can probably get close

    Feel free to call or email me
    Cell- 310-388-4994
    Office -929-605-4130

    Steve@forwardfundcap.com

  3. #3
    Senior Member Reputation points: 1519
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    Based on the basic information provided I doubt we'll be able to do 25k here - but we can deff take a look and potentially give you an offer.

    If you haven't funded this yet, feel free to send us the deal to deals@clearfund.co

    Thanks.
    Last edited by ClearFund; 02-02-2021 at 01:49 PM.
    Underwriting Desk | ClearFund Solutions | New York, NY.
    P: 855-543-2133 E: deals@clearfund.co W: www.clearfund.co
    _____________________________

    ClearFund is a Direct Funder
    ISO inquires: partners@clearfund.co

  4. #4
    Senior Member Reputation points: 4567 NickHubbard's Avatar
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    Jun 2015
    Location
    Saint Louis, Mo
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    325

    Quote Originally Posted by IntegrityCapitalAdvance View Post
    Client seeking $25k - 3rd position. Construction company in Maryland has been in business for 50 years. Has never defaulted on mca.

    Paid off 3rd position last week and seeking a new 3rd position. $30k average monthly revenue. If this meets your underwriting requirements please reply.

    Thanks
    Your seeking a 3rd position for $25K and the company is only doing $30K in monthly deposits. Did you mean to say $300K? Or whats the 1st & 2nd position balances?
    Nick Hubbard
    Senior Loan Advisor
    314-252-0299 - Office
    314-885-2262 - Direct
    nick@elitefactoring.com
    www.elitefactoring.com

  5. #5
    Member Reputation points: 2410
    Join Date
    Sep 2020
    Location
    Salt Lake City, Utah
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    34

    This is something Torro Funding can look at.

    The only holdback could be if it's home-based. We fund 1-8th but love 2nd-5th positions.

    We also get aggressive and push the banks to 45% leveraged so if there's room then we'll make it happen.

    Reach out to me directly and we can run the deal down!

    Thanks.
    Evan Ensign
    Director of Business Development
    Torro Funding
    o: 267.592.4291
    evan.ensign@torro.com

  6. #6
    wont get 25k but can definitely take a look and give an offer!
    Jay Braude, Director of ISO Relations

    Blade Funding, 201 Blvd of The Americas, Lakewood NJ 08701

    Email: jay@bladefunding.com | Mobile: 732.551.5923

  7. #7

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