Refrigeration Company Payoff or 2nd Position- 2.2 Million Annual Revenue
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  1. #1

    Refrigeration Company Payoff or 2nd Position- 2.2 Million Annual Revenue

    I have a merchant who owns a refrigeration company I am currently working with that just got an advance for $192,000 about 3 months ago at a 1.44 factor rate. His gross annual revenue is about $2.2 million.

    Now what he would like to do is payoff the current advance(He was given a pre-payment addendum) and net a little extra capital on top at a lower factor rate than 1.44. I realize this is a long shot because the amount that would need to be paid off would be around 200k.

    If this is not possible, he would also take a second position, but would have to beat a 1.44 factor rate.

  2. #2
    Senior Member Reputation points: 11553 Eagle Funding's Avatar
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    Send me this ASAP, while im still in the office I will do this, cscuderi@mcamerchant.com or call me ASAP 516 208 1268
    Eagle Funding Group
    Phone: (646) 793-6809
    Email: info@eaglefundinggroup.net
    Web: www.eaglefundinggroup.net

  3. #3
    My company can do this deal, Craig Gallo handles all referral business. His info is


    Craig Gallo – Director of Business Development
    cgallo@unitedcapitalsource.com
    www.unitedcapitalsource.com
    Direct :646-448-1706 Fax 888-847-3128

  4. #4
    Senior Member Reputation points: 54977
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    http://cresthillcapital.com/index.html#iso

    sign-up for the new experience! best commissions and safe house to send files.

  5. #5
    Senior Member Reputation points: 3824
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    Refrigeration Company Payoff or 2nd Position- 2.2 Million Annual Revenue

    I can do this with a hybrid program. Call me at 774-208-8118

  6. #6

    Refrigeration Company Payoff or 2nd Position- 2.2 Million Annual Revenue

    Do a lease buy back refrigerators if commercial trucking & commercial work great 5 year term 6% APR & pays 14 points. 1 dollar loaned per 1 dollar of equipment owned. 1m gets you 1m

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