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  1. #1

    150k monthly construction deal

    merchant does 70k -150k last 3 month - construction

    is paying 2 mcas currently daily on schedule

    two other mcas are being paid via debt relief company

    who would fund this?

  2. #2
    Banned Reputation points: 1977
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    May 2021
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    Based on what you said, a safe assumption would be he's already at 30-40% leveraged (at least) and these 2 funders he is paying on schedule came in behind the debt relief company.

    This is a recipe for disaster, he did it once and he'll do it again. construction companies can't sustain this much revenue being eaten by daily or weekly debits, their profit margin is lower then that.

  3. #3
    Hello,

    This seeems like something we would entertain as long as current payments are being made. Please feel free to reach out. My ncontact info is below.



    We specialize in:
    - Large deals
    - High risk
    - B to D Paper
    - 1st to 12th position
    - Default deals are entertained on a deal by deal basis (Satisfied judgments, payment plan, time of default & more)
    - Other Company Declines (Deals that are hard to get offers on)
    - Reverse Consolidation (Daily ending balances must be at least 5k to 10k. The term left on the advance needs to end within 40 days
    or less. 0 bounced payments & paying minimum of 50k monthly in MCAs)
    - Exceptionally competitive with dollar amount.


    Our Product:
    10k to 3MM (For increase of funds, a deal by deal basis)
    Terms up to 95 days (Flexible with large funding amounts)
    Weekly payments available (Deal by deal basis)
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    Instant DocuSign contracts
    All Submissions are priced at 1.49 with broker discretion to down sell

    Funding Criteria
    -Minimum monthly revenue - $50,000
    -Minimum monthly deposit count - 5
    -Average daily balances - $1,500.00
    -Time in business - 6 Months (12 months preferred)
    -All credit scores accepted
    -No credit checks (We focus on healthy ledgers and payments history)
    -Restricted industries minimum monthly revenue - $100,000
    -Canada - Yes, but must be a US bank account
    -Tax Liens - Must be on payment plan
    -Ownership 100% (All parties must sign)


    Gill Navarro
    Director of ISO Relations
    Direct: 1(862)-303-3225
    Email: Gill@keycapitalfunding.com
    Website: https://keycapitalfunding.com/iso/


    updated Banner.gif

  4. #4
    Senior Member Reputation points: 66298 Olderguy's Avatar
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    Irvine, CA
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    close his account and start over. He's in default now.
    Steve Benjamin
    Professional Business Loans

    1012 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

  5. #5
    Quote Originally Posted by Friendly funder View Post
    merchant does 70k -150k last 3 month - construction

    is paying 2 mcas currently daily on schedule

    two other mcas are being paid via debt relief company

    who would fund this?
    As long as the payments are current with the debt relief and mca companies easy to fund.
    Dm me or email at info@xcuvusinc.com

  6. #6
    Banned Reputation points: 179851
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    East Shore, all day.

  7. #7
    Senior Member Reputation points: 14389
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    California
    Posts
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    I have been ripped off by trash here as well.

  8. #8
    Senior Member Reputation points: 6957 ESE5020's Avatar
    Join Date
    Oct 2017
    Posts
    331

    Quote Originally Posted by ryan $ View Post
    East Shore, all day.
    agreed, thank you for mentioning us. Sounds like the type of deal we would consider.
    East Shore Equities, LLC
    Submissions@EastShoreEquities.com
    Tel: 516-231-5595 | Fax: 516-231-5590
    www.EastShoreEquities.com

  9. #9
    If they are in a LoanMe SBL state, consider submitting to us!


    For our SBL product, available in the below 29 states + Washington D.C., our minimum TIB is 90 days w/a business checking account to match.

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    E-mail us at business.loans@loanme.com for additional info or to sign up haven't already.
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  10. #10
    Banned Reputation points: 6026
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    Sounds like this is a prefect fit for hybrid !
    Email us today at kevin@hybridadvancellc.com

  11. #11
    Definitely a perfect for us @hybrid advance Email me today at Aron@hybridadvancellc.com

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