Rehab Center $175K-250K Monthly
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  1. #1

    Rehab Center $175K-250K Monthly

    I have a client that does about $175-$250K monthly but only has about 3-4 deposits monthly. Credit is in the 700's never had an MCA. Getting a lot of declines for low payment frequency. Any names of lenders that may do the deal will be helpful.

  2. #2
    Senior Member Reputation points: 1755
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    I would love to speak with you about this. Sounds ripe for an SBA.
    Elon Henek
    HCI - Glen Cove, NY
    Main: 1-516-676-1854
    Cell: 1-516-236-4086

  3. #3
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    We have the Best Medical Receivables Program that Will helps your client increase his Cash flow monthly. More info contact us at ecepeda@pacificwest.com or contact by phone at 939-449-2953. Thanks.

  4. #4
    Senior Member Reputation points: 72961 Olderguy's Avatar
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    1. If looking for MCA, try CFG
    Paul Balint​
    PBalint@CFGMS.com
    D: 646-880-3819
    2. Longer term but takes time would be SBA 7A or 504 if they own the building
    3. With a 700 Fico+, could also get a personal loan 3 - 5 years, monthly payments, 8% - 12%
    4. Business LOC stacked at $250k each -
    5. If own any property outright or have equity (investment or commercial) a hard money loan is in the 12% range and can be fixed for 10 years Interest Only.

    Any or all of the above are possible - reach out and we can discuss timely needs, cash need and determine immediate and longer term financing.

    This might be immediate funding and then review for better longer term funding.

    As a loan officer, it's my role to work with merchants and brokers to determinthe both short term and long term financing options. In many cases there is also a need for an accounting overhaul of the merchant's finances as most practice tax avoidance and not financial structure for long term financial growth.


    Alleon: medical A/R
    Medical Accounts Receivable Line of Credit
    $500,000 - $15,000,000
    Up to 85% Advance Rate
    Non-amortizing structure (interest only payments)
    Covenant light
    Medical Accounts Receivable Factoring Facility
    $100,000 - $3,000,000
    Up to 85% Advance Rate
    Choose which AR to factor
    Limited collection history acceptable

    benm@alleoncapital.com.
    Ben Malyar
    VP of Business Development
    201-340-6347
    Last edited by Olderguy; 07-12-2023 at 01:30 PM.
    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.

  5. #5
    Senior Member Reputation points: 10476
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    Quote Originally Posted by 8FigureFunder View Post
    I have a client that does about $175-$250K monthly but only has about 3-4 deposits monthly. Credit is in the 700's never had an MCA. Getting a lot of declines for low payment frequency. Any names of lenders that may do the deal will be helpful.
    If the credit is that strong and strong daily balances i have funded deals with 3-5 deposits per month before. Feel free to reach out to me to find out more.

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

  6. #6
    Senior Member Reputation points: 84416
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    Quote Originally Posted by 8FigureFunder View Post
    I have a client that does about $175-$250K monthly but only has about 3-4 deposits monthly. Credit is in the 700's never had an MCA. Getting a lot of declines for low payment frequency. Any names of lenders that may do the deal will be helpful.
    In addition to SBA (previously suggested) a Bank Term Loan, credit card split funding are additional options.
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  7. #7
    I can help you with that one; erika@clarityadvance.com

  8. #8
    Member Reputation points: 12
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    Jun 2019
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    Fusion Funding
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    Send me an email, I'll get you set up with us and price the deal out for you.

    If the merchant keeps good balances and the deal has collectability, we'll likely come in with 150k over 7-9 Months as a First.
    Michael Klein
    ISO Relations - Fusion Funding
    office: 212-461-1602
    direct: 203-299-2873
    e-mail: michael@fusion-funding.com

  9. #9
    Member Reputation points: 418
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    Melville
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    Send me a text. Mentioning the deal.

    6314875696

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