Results 1 to 4 of 4
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12-10-2014, 08:09 PM #1
- Join Date
- Nov 2014
- Posts
- 10
Need a 3rd position for a Janitorial company
I have a janitorial company that needs some additional funding. He has a 1st position with Fora (balance approximately 95K holding back 7%), a 2nd with Fusion Capital (balance is approximately $38K). The 2nd was originated in Nov of 2014. He is now looking for a 3rd position to net an additional 20K-30K. He averages 170K in monthly deposits. The kicker is that he had 23 nsf's in Nov due to a security breach with his bank account. Any suggestions?
Where lending is FUNDamental!!!!
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12-10-2014, 10:31 PM #2
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
We have fixed firms in similar despair. The Global Solution is likely not another Advance but rather a term loan to consolidate debt and allow them net some cash out.. I will PM you, but feel free to contact me: Richard 866 681 1227
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12-17-2014, 07:52 AM #3
- Join Date
- Jul 2014
- Posts
- 82
Need a 3rd position for a Janitorial company
You can get him a much larger consolidation loan & help him out.
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12-30-2014, 02:17 PM #4
do he have any collateral that he is willing to put up if so we may be able to do something for this merchant
Miguel Martinez
Financial Coordinator
World Business Lenders
81 Market Square Unit 7
Newington, CT 06111
Toll-Free: (888) 441-9500 ext 235
Efax: (646) 417-7150
Mobile: (860) 759-6365
Email: mmartinez@wbl.com
www.wbl.com
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