Clean first position CA deal - 1.5m a month
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  1. #1

    Clean first position CA deal - 1.5m a month

    I have a medical deal, 1st position, 1.5m monthly revenue. Client is only looking for 300k. Very rate conscious. No mca history and I've already advised on cost - he's still looking to be at a 1.25 factor. Any advice on where to place this deal?

  2. #2
    Senior Member Reputation points: 227882
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    Kalamata and Kapitus have term loan programs.
    Does he want to factor his invoices?
    How's the client's credit? SBA Bolt program is an option if 700+ FICO.
    Bluevine may work here also, giving him a LOC. They max out at 250k

  3. #3
    Senior Member Reputation points: 16709
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    Quote Originally Posted by Essential$$$ View Post
    I have a medical deal, 1st position, 1.5m monthly revenue. Client is only looking for 300k. Very rate conscious. No mca history and I've already advised on cost - he's still looking to be at a 1.25 factor. Any advice on where to place this deal?
    Bluevine or Credibly / sba or invoice factor if his invoices work for it.
    bzuniga@Omegafund.com

  4. #4
    I can do Invoice factoring at .002 daily.
    Mark Perlman
    BlackTieFunding.com
    Mark@blacktiefunding.com

  5. #5
    Senior Member Reputation points: 73140 Olderguy's Avatar
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    Term loan would be at that rate...Fico?, tax returns?,
    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.

  6. #6
    Senior Member Reputation points: 1755
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    Yes please contact me and we might possibly get him a proper term loan.

  7. #7
    Member Reputation points: 10
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    Location
    Brockton, MA
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    UW Requirements/Answers to FAQ:
    • We like to fund deals that currently have an advance, so we can see payment
    history
    • Time in business: 6 months
    • FICO: Any (we do not care for credit score)
    • Ownership % for funding: 50%
    • Monthly gross deposits: $50,000
    • Average daily balance (if applicable): Any
    • Negative days/NSF: YES (Overdraft Protection)
    • Bankruptcies/Tax Liens/Judgments (what is your policy): YES
    • Minimum funding amount: $10,000
    • Maximum funding amount: $5,000,000
    • Do you require bank login, decision logic: Manual bank login on All deals
    • Minimum and max monthly terms:15-150 Days
    • Repayment options (Daily, Weekly, Monthly): Daily and weekly

    1. APPROVALS WITHIN 30 minutes
    2. FUNDING ALL DEALS SAME DAY
    3. Funding 2nd-7th position deals
    4. Funding up to $5M
    5. Reverse Consolidations
    6. White Labels
    7. Over 15 years of professionalism

    Apply here: https://www.cognitoforms.com/GoKapit...%2228822%22%7D

    Best Regards,

    Stanley Colimon
    CEO of: In Contact Market Inc.
    Phone781)510-1453
    Email: s.colimon@incontactmarket.com

  8. #8
    Member Reputation points: 101
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    Send it over to me, I can definitely get you a great offer.
    Lifetime Funding
    516-494-4700
    Frank@lifetimefundingllc.com

  9. #9
    i can submit to bluevine and headway for you

    youl get 200k from bluevine and 100k from headway. let me know if you're interested

    jeff@directfundingusa.com

  10. #10
    Banned Reputation points: 12
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    Jan 2023
    Location
    Weston, FL
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    I can help you out I have rates that go very low. Send it over to me I can work that one for you. Edmund Lewis Myalphaloans.com
    754-246-0372

  11. #11

    CA deal

    Quote Originally Posted by Essential$$$ View Post
    I have a medical deal, 1st position, 1.5m monthly revenue. Client is only looking for 300k. Very rate conscious. No mca history and I've already advised on cost - he's still looking to be at a 1.25 factor. Any advice on where to place this deal?
    We can close this deal for you. We offer 12-24 months on our long term MCAs and can fund $330k with good terms and rates. Send over to submissions@pccapitalllc.com and cc myself for an ISO agreement at paul@pccapitallc.com. Feel free to email me any additional questions you may have.

  12. #12
    Did you get this done I have a lender that can do this.

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