Results 1 to 11 of 11
-
05-31-2022, 05:14 PM #1
- Join Date
- Apr 2021
- Posts
- 114
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?
-
05-31-2022, 05:26 PM #2
- Join Date
- May 2021
- Posts
- 34
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.
-
05-31-2022, 05:26 PM #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)
Early Payoff Discounts (Deal by deal basis)
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
-
05-31-2022, 06:10 PM #4
close his account and start over. He's in default now.
Steve Benjamin
Professional Business Loans
522 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.
-
05-31-2022, 06:54 PM #5
- Join Date
- Sep 2020
- Posts
- 49
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
-
06-01-2022, 12:20 PM #6
- Join Date
- Jun 2017
- Posts
- 2,049
East Shore, all day.
-
06-01-2022, 12:26 PM #7
- Join Date
- May 2014
- Location
- California
- Posts
- 351
I have been ripped off by trash here as well.
-
06-01-2022, 05:11 PM #8
-
06-02-2022, 03:16 PM #9
- Join Date
- Nov 2014
- Posts
- 438
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.
AL, AZ, CA, DC, DE, HI, ID, IA, IL, IN, KS, KY, LA, MD, ME, MS, MO, NE, NH, NJ, NM, NC, OH, OR, SC, UT, VA, WA, WI, WY
LoanMe Small Business Loan
Six Loan Tiers, A-E
Loan Amounts: $3,500 - $100,000 (Jumbo True Consolidations up to $200k)
Max 10yr Terms
No prepayment penalty
No Fico Minimum Requirements
Qualification Based on Affordability Overall Credit Health of PG(Personal Guarantor)
Partner Commission: 5 points
Merchant: Minimum Monthly Income $3,500
Merchant: Minimum Annual Income $42,000
Negative Days No cap on SBL
90 Days in Business
90 Days Business Bank Acct Bank must be in business name
E-mail us at business.loans@loanme.com for additional info or to sign up haven't already.LoanMe Business
949-535-7798
Email: Business.Loans@LoanMe.com
www.loanme.com/SBL-partner
1900 S State College Blvd. Suite 300
Anaheim, CA 92806
-
06-07-2022, 02:32 PM #10
- Join Date
- Apr 2021
- Posts
- 121
Sounds like this is a prefect fit for hybrid !
Email us today at kevin@hybridadvancellc.com
-
06-27-2022, 03:25 PM #11
- Join Date
- Jun 2022
- Posts
- 15
Definitely a perfect for us @hybrid advance Email me today at Aron@hybridadvancellc.com
Similar Threads
-
Construction company seeking 150k
By CashAdvanceKing in forum Business LoansReplies: 6Last Post: 03-03-2020, 12:34 PM -
Trucking $150K monthly
By Quickfunder in forum Deal BinReplies: 5Last Post: 10-21-2019, 03:37 PM -
$150K-$200K Construction Deal cons.doesn't care to net
By shieldfunding in forum Deal BinReplies: 8Last Post: 08-09-2017, 08:51 AM -
Res. Healthcare paid monthly from Gov. FICO 650+ monthly rev $80K looking for $150K
By audriana_709 in forum Deal BinReplies: 10Last Post: 01-25-2017, 01:08 PM -
Trucking deal home credit score 660/ monthly average 150k
By ChristianCapitalGainz in forum Deal BinReplies: 30Last Post: 11-10-2015, 09:45 AM