Results 1 to 4 of 4
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11-07-2022, 05:13 PM #1
- Join Date
- Dec 2018
- Posts
- 10
Contractor Deposits last thee months 220k 100k 141k looking for 1.15 factor
Says find a home for your deal. This is a contractor business inception 6/2021. Strong ledger balances. Deposits Oct 220 Sept 100 Aug 141
He's asking for a 1.15.
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11-07-2022, 05:19 PM #2
- Join Date
- Feb 2017
- Posts
- 3,347
General contractor or sub-contractor? Rates like that are doable with the right factoring partner, cash advances won't go that low on construction unless you build in some sort of early payoff. In which case, you may just want to go with a line of credit. And that will depend on the client's personal credit and business profitability to which program that they might find themselves in (Bluevine and Rapid vs. a traditional bank).
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11-08-2022, 12:09 PM #3
- Join Date
- Jul 2022
- Posts
- 14
1.15 is a tall ask for less than two years in business.
Capitalize can potentially give an offer on the deal and work with the factor as long as there's good account receivables.
You can submit your deal to tyler@capitalizegroup.com.
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11-08-2022, 02:26 PM #4
- Join Date
- Dec 2021
- Posts
- 632
Ive been told Capybara Capital is one of the strongest on commercial contractors and Home Field Services (plumbers/roofers/fencing/AC-repairs) . Main focus on the B C Deals but tend to be the first in place to win the A Paper deals with the Blemishes. Sign-Up Today! marcus@capybarausa.com
Marcus Clapman
Capybara Capital
marcus@capybarausa.com
www.capybarausa.com
646-708-5986 (Text Friendly!)
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