Need a 3rd position for a Janitorial company
Need a Funder or Vendor? START HERE

Results 1 to 4 of 4
  1. #1

    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!!!!

  2. #2
    Senior Member Reputation points: 68233
    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

  3. #3

    Need a 3rd position for a Janitorial company

    You can get him a much larger consolidation loan & help him out.

  4. #4
    Member Reputation points: 10 Miguel martinez's Avatar
    Join Date
    Dec 2014
    Location
    Connecticut
    Posts
    52

    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

Similar Threads

  1. Replies: 11
    Last Post: 12-30-2014, 03:17 PM
  2. Replies: 5
    Last Post: 10-30-2014, 11:01 AM
  3. Replies: 5
    Last Post: 10-20-2014, 01:16 PM
  4. Second Position on Canada company
    By Focus in forum Deal Bin
    Replies: 1
    Last Post: 09-10-2014, 08:50 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

LegalZoom partners w/ businessloans.com
iBusiness Funding acquires Funding Circle
Fintech Nexus is shutting down


DIRECTORY