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  1. #1

    Pool Construction and Maintenance Company doing 175 month needs 2nd Position

    I have a pool Construction and Maintenance Company that does 175k per month YEAR ROUND. He has an existing first position with 75k balance and is looking for another 50k minimum and no less than 8 month term. Fair credit and bank statements have a FEW NSF's in the past but nothing recently. 2 1//2 years in business. Needs money to keep up with all the jobs he has going. Lenders who fund there own deals ONLY please.

  2. #2
    Senior Member Reputation points: 22201
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    Dec 2021
    Posts
    630

    Capybara Capital ....Our terms may even get priced longer then you are seeking. We do weekly payment with low factor rates for max upsell. marcus@capybarausa.com for ISO Agreement.
    Marcus Clapman
    Capybara Capital
    marcus@capybarausa.com
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

  3. #3
    Banned Reputation points: 4416
    Join Date
    Dec 2021
    Posts
    154

    Capitalize max term is 120 days but we should be able to do 50k or even more for that term.

    If that's an option please submit the deal to subs@capitalizegroup.com

  4. #4
    Senior Member Reputation points: 99
    Join Date
    Aug 2021
    Posts
    120

    Sounds like a file I might be able to get done for you depending on balances/state merchant is located/credit/ # of monthly deposits.

    If you didn't get this funded yet, shoot it over I'll take a look - andrew@efinancialtree.com

  5. #5
    Senior Member Reputation points: 337045
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    Mar 2015
    Location
    Rock Ridge
    Posts
    3,453

    Most of the pool construction companies in Florida require deposits before doing any work. That being said, there should be no need for capital to keep up with new work. There have been several cases in Florida where pool companies took deposit money and never did the job under contract. They took the deposit money and ran......

    We had our pool resurfaced not long ago by a reputable company. They required a deposit before stating work and balance due the day they filled the pool. I made them sign lien waivers to make sure they paid their suppliers. The suppliers can and will slap a lien on your home if the construction company does not pay them.
    Hedley Lamarr......That's Hedley

  6. #6
    Banned Reputation points: 10
    Join Date
    Apr 2022
    Location
    New York
    Posts
    78

    Send it

  7. #7
    sounds good. Send it over


    Michael Ross
    Senior Portfolio Manager
    Lendbug
    mross@lendbug.com

  8. #8
    Banned Reputation points: 6026
    Join Date
    Apr 2021
    Posts
    121

    Sounds like this is a prefect fit for hybrid !
    Email us today at kevin@hybridadvancellc.com

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