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  1. #1

    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?
    Mark Perlman
    BlackTieFunding.com
    Mark@blacktiefunding.com

  2. #2
    Senior Member Reputation points: 216519
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    Is this a deal that is factorable?
    Who are the contracts with?

  3. #3
    Senior Member Reputation points: 66298 Olderguy's Avatar
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    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

    1012 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.

  4. #4
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    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.

  5. #5
    Senior Member Reputation points: 9802
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    Quote Originally Posted by GTM View Post
    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?
    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

  6. #6
    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.net
    Isaiah 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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