Results 1 to 6 of 6
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01-24-2023, 10:08 AM #1
- Join Date
- Oct 2021
- Posts
- 55
big revenue but 1 or 2 deposits monthly
I have a deal that does between $750k and $ 1.3 million a month. Good credit, and well-established. ADB, on avg is 1m+ but goes as high as 2m+ for months.
He only gets 1 or 2 deposits a month from his contracts. Who can fund this?
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01-24-2023, 10:21 AM #2
- Join Date
- Feb 2017
- Posts
- 3,426
Is this a deal that is factorable?
Who are the contracts with?
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01-24-2023, 11:03 AM #3
SBA 7A - uncollateralized up to $350,000
Collateralized can be up to 30% of annual revenue.
up to $5M
typically 10 years 10%
Depends on the financials and cash flow.
And business/personal assets.
Takes time though.
And paperwork.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.
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01-24-2023, 11:45 AM #4
- Join Date
- Dec 2021
- Posts
- 154
Capitalize can definitely make this one work. Contingent on revenue consistency and account receivables.
Please send the deal over to charles@capitalizegroup.com for an offer and mention this thread.
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01-24-2023, 11:55 AM #5
- Join Date
- Nov 2019
- Posts
- 675
If the daily balances are good and he one or 2 deposits a month make sense of why that little amount of deposits i might be able to get an offer out. No guarentees until we get everything we need to see.
Scoot Platto
Scott@tmrnow.com
212-220-9872
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01-24-2023, 10:09 PM #6
- Join Date
- Aug 2022
- Posts
- 4
I can get this person a deal. As long as the account is not too negative than deposits will not be a problem! How much is the guy looking for?
Want to send it through?
isaiah@nytribecagroup.netIsaiah Ramirez
Funding Director
New York Tribeca Group
Mobile: 646-626-3717
40 Wall St, 43rd Floor
New York, NY 10005
Email: isaiah@nytribecagroup.net
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