Welding firm seeking mca
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  1. #1

    Welding firm seeking mca

    Seeking 2nd position MCA for welding firm. 63k average balances. The problem is he has low frequencies of deposits the last 3 months. 2 deposits in June, 3 in July, 4 in August. Who can do a deal here? Direct Funders only.

  2. #2
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    Quote Originally Posted by Greg Cooper View Post
    Seeking 2nd position MCA for welding firm. 63k average balances. The problem is he has low frequencies of deposits the last 3 months. 2 deposits in June, 3 in July, 4 in August. Who can do a deal here? Direct Funders only.
    What amount of funding ?
    TIB?
    Tax Returns?

    If the financials are in order, consider a SBA Express or Term Loan
    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

  3. #3
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    Try Everest

  4. #4
    Senior Member Reputation points: 6957 ESE5020's Avatar
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    Quote Originally Posted by Greg Cooper View Post
    Seeking 2nd position MCA for welding firm. 63k average balances. The problem is he has low frequencies of deposits the last 3 months. 2 deposits in June, 3 in July, 4 in August. Who can do a deal here? Direct Funders only.
    We do not consider a low frequency of deposits to be a disqualifying factor for funding. In fact, a limited number of recurring, revenue-generating business relationships aligns well with our funding criteria. Our offer would be contingent upon several other variables, but we are willing to provide funding for deals with as few as one deposit per month, depending on the source of that deposit.

    Additionally, we do not conduct credit checks and are open to funding entities that have previously defaulted.

    Please feel free to contact us for further information.
    East Shore Equities, LLC
    Tel: 516-231-5595 | Fax: 516-231-5590
    www.EastShoreEquities.com

  5. #5
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    Quote Originally Posted by Greg Cooper View Post
    Seeking 2nd position MCA for welding firm. 63k average balances. The problem is he has low frequencies of deposits the last 3 months. 2 deposits in June, 3 in July, 4 in August. Who can do a deal here? Direct Funders only.

    Greg, I can take a look.

    Feel free to reach out.
    Moe Braun
    Rocket Capital
    (C)848-318-2598
    (O)786-937-3556
    Moe@rocketcapllc.com
    http://rocketcapllc.com

  6. #6
    I’d be willing to check this out as well
    Andrew@arkcapitalfunding.com

  7. #7
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    Quote Originally Posted by Greg Cooper View Post
    Seeking 2nd position MCA for welding firm. 63k average balances. The problem is he has low frequencies of deposits the last 3 months. 2 deposits in June, 3 in July, 4 in August. Who can do a deal here? Direct Funders only.
    I have done deals like this before as long as the revenue is not declining and balances are strong compare to the revenue deposited and good credit as well as not over extended on the first position.

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

  8. #8
    I'm interested, reach out when possible or send the file.

    Jay Levy
    Pinnacle Advances
    (C)917-291-0586
    Jay@PinnacleAdvances.com

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