Results 1 to 20 of 20
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08-18-2021, 03:14 PM #1
- Join Date
- Jul 2021
- Posts
- 46
3.4 Million
Looking for a source to fund a 3.4 million deal, Deposits over 40 mill ann
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08-18-2021, 03:15 PM #2
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,501
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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08-18-2021, 03:17 PM #3
- Join Date
- Jun 2021
- Posts
- 40
Good day,
We might be able to help. Will need some more information. Please contact me at: 623-466-4386. Thank you for your time.
Jim
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08-18-2021, 03:17 PM #4
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- Jul 2021
- Posts
- 46
Online sales of specialty items, sell to Gov't agencies and Military
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08-18-2021, 03:22 PM #5
- Join Date
- Jul 2021
- Posts
- 46
It is for a partner buy-out,,
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08-18-2021, 03:38 PM #6
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,977
SBA could be an option:
How do I use the 7(a) loan?
Basic uses for the 7(a) loan include:
Long- and short-term working capital
Revolving funds based on the value of existing inventory and receivables
The purchase of equipment, machinery, furniture, fixtures, supplies, or materials
The purchase of real estate, including land and buildings
The construction a new building or renovation an existing building
Establishing a new business or assisting in the acquisition, operation or expansion of an existing business
Refinancing existing business debt, under certain conditionsDave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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08-18-2021, 03:40 PM #7
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,501
Happy to take a look. khenry@snb.com
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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08-18-2021, 03:57 PM #8
- Join Date
- Jul 2021
- Location
- New York City
- Posts
- 47
just funded a million dollar deal same day. Send over to see if this is something we can do
[SIZE=2][SIZE=1]Daniel Nathan
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08-18-2021, 03:59 PM #9
- Join Date
- Jun 2021
- Location
- miami
- Posts
- 436
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08-18-2021, 04:22 PM #10
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,501
A 40Mil company would likely have at least 4.5Mil in receivables outstanding. If the financials seem OK, it would probably qualify for a 5Mil ABL facility or Ledgered ABL facility. Larger if we include inventory. Either way, they would likely not pay more than 8% APR all in.......
Now for those that replied..... Can any of you stroke a $5mil check at 6-8% APR? Probably not.....Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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08-18-2021, 04:45 PM #11
- Join Date
- Jun 2021
- Location
- miami
- Posts
- 436
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08-18-2021, 05:02 PM #12
- Join Date
- Aug 2021
- Posts
- 31
Cobalt can pull this off.
Send me an email to discuss.Cobalt Funding Solutions | Direct Funder
cobaltfunding.com| 202-773-4200
New York, NY. | deals@cobaltfunding.com
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08-20-2021, 08:31 AM #13
- Join Date
- Jul 2021
- Posts
- 74
We do 5k to unlimited.
jimmy@sigicancapitalcorp.com
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08-20-2021, 08:57 AM #14
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,501
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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08-20-2021, 10:47 AM #15
- Join Date
- Aug 2021
- Posts
- 3
^^
Last edited by DanielV; 08-20-2021 at 11:13 AM. Reason: old post
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08-25-2021, 10:00 AM #16
- Join Date
- Jul 2021
- Posts
- 74
We can fund any amount.
jimmy@sigicancapitalcorp.com
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08-25-2021, 10:08 AM #17
- Join Date
- Jul 2021
- Posts
- 74
The hostility is unnecessary and unprofessional. We're all here to make money. I spent a lifetime building partnerships with many different banks, investors, lawyers who can restructure stacked clients and underwriters. This enables us to offer over 20 different products. I can turn your declines into deals.
If you would like to make some money together, try me. Thank you Kevin.
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08-25-2021, 10:24 AM #18
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,501
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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09-04-2021, 03:43 PM #19
- Join Date
- Jul 2021
- Posts
- 74
We fund unlimited amounts. What assets do they posses? Property, equipment etc.
Jimmy@sigicancapitalcorp.com
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09-08-2021, 04:42 PM #20
- Join Date
- Sep 2021
- Posts
- 2
My company funds up to $5m. Send me an email with the details ... drice@velocitymortgage.com
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