8 Mil Per Yr Retail Business with 700K in 2 balances wants 1 payment and 400K
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  1. #1
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    8 Mil Per Yr Retail Business with 700K in 2 balances wants 1 payment and 400K

    This NY merchant has a 10 plus year old business doing 8 mil per year. Has 2 balances totaling 700K. Is looking to get a long term loan for 1.1 million or even 1 million to payoff the balances and net 300K to 400K. Wont take a 7 or 9 month MCA deal. We can get him that.

    Has some collateral; 1.2 million in equity (in a building with a mortgage already on it) and 1 million in clear inventory.

    Anyone know where to go with this P.M. me.

  2. #2

    8 Mil Per Yr Retail Business with 700K in 2 balances wants 1 payment and 400K

    I just hooked up with a direct lender who pays 15 points on deals up to 2 mil. B more than happy to split it with you

  3. #3
    Member Reputation points: 18
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    8 Mil Per Yr Retail Business with 700K in 2 balances wants 1 payment and 400K

    It is a possibility to get him into a 12-18 month deal if he qualifies, I would have to look at the file. Please give me a call in the morning so we could discuss further some funding options we can provide for your client.

    Daniel@samsonpartnersllc.com
    347-682-5727

  4. #4
    Senior Member Reputation points: 6585
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    You didn't answer the biggest question whats his credit?

  5. #5
    Member Reputation points: 10 Miguel martinez's Avatar
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    Dec 2014
    Location
    Connecticut
    Posts
    52

    we offer collateralized programs here i believe we can get him close to the number he is looking for please contact me so we can speak further about the merchant and what we have to offer i feel we can be a great fit for your 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

  6. #6
    I can offer a term loan for 5-10 yrs with a monthly payment regardless of any existing working capital cash advances.

    Contact me to see if you qualify!
    Meet me and see if you Qualify http://ezcapital.us
    Ben Corey
    714-988-4469
    *Ask me about our ISO program

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