Results 1 to 9 of 9
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07-11-2023, 09:23 PM #1
- Join Date
- May 2023
- Posts
- 47
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.
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07-11-2023, 09:46 PM #2
- Join Date
- Oct 2022
- Posts
- 295
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
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07-12-2023, 08:29 AM #3
- Join Date
- Apr 2017
- Posts
- 190
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.
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07-12-2023, 08:49 AM #4
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
201-340-6347Last 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.
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07-12-2023, 10:54 AM #5
- Join Date
- Nov 2019
- Posts
- 691
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
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07-12-2023, 03:30 PM #6
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,993
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
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07-13-2023, 12:42 PM #7
- Join Date
- Apr 2023
- Posts
- 17
I can help you with that one; erika@clarityadvance.com
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07-13-2023, 04:03 PM #8
- Join Date
- Jun 2019
- Location
- Fusion Funding
- Posts
- 8
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
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07-13-2023, 10:03 PM #9
- Join Date
- Aug 2020
- Location
- Melville
- Posts
- 18
Send me a text. Mentioning the deal.
6314875696
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