Commercial Contractor 12 months avrg lender needed
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  1. #1

    Commercial Contractor 12 months avrg lender needed

    I have a Commercial contractor who does large jobs,Bridges, Highways, etc.. He has a couple of months out of 12 where he had under 4 deposits and a couple of low deposit months, he averages over 100k per month for the past 12..

    He had positions in the past that he paid perfectly..

  2. #2
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    Quote Originally Posted by Emccusker0803 View Post
    I have a Commercial contractor who does large jobs,Bridges, Highways, etc.. He has a couple of months out of 12 where he had under 4 deposits and a couple of low deposit months, he averages over 100k per month for the past 12..

    He had positions in the past that he paid perfectly..
    When were the low deposits months? Were they last couple of months or over the winter?

  3. #3
    Quote Originally Posted by closer129 View Post
    When were the low deposits months? Were they last couple of months or over the winter?
    Yes,, it was March due to weather, December they did 273k, Jan 100k, Feb78k

  4. #4
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    Is the client interested in a factoring facility?

  5. #5
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    Quote Originally Posted by Emccusker0803 View Post
    Yes,, it was March due to weather, December they did 273k, Jan 100k, Feb78k
    If March April and May are back up again and with strong balances i might be able to do something. If this is a first position mine works a little like a revolving line of credit in a way.

    Scott Platto
    scott@tmrnow.com
    tmrnow.com
    212-220-9872

  6. #6
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    Quote Originally Posted by Emccusker0803 View Post
    I have a Commercial contractor who does large jobs,Bridges, Highways, etc.. He has a couple of months out of 12 where he had under 4 deposits and a couple of low deposit months, he averages over 100k per month for the past 12..

    He had positions in the past that he paid perfectly..
    Invoice Factor that account. We have had clients stay with us factoring for over 5 years.

    bzuniga@omegafund.com

  7. #7
    Hi,

    we can definitely help, email this to jodilevy123@gmail.com and we'll take it frm there!
    further, on the location is it US based or Canada?

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