Results 1 to 18 of 18
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09-21-2023, 02:18 PM #1
- Join Date
- Sep 2014
- Posts
- 263
Staffing company 80k a month
Who funds this type of Company TIB 3 years
Mike
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09-21-2023, 02:22 PM #2
I am happy to take a look
Joey Andreoni
Rocket Capital
(C)848-318-2721
(O)786-954-5086
Joey@rocketcapllc.com
https://rocketcapllc.com/
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09-21-2023, 03:30 PM #3
- Join Date
- Oct 2022
- Posts
- 295
Any other information you care to provide?
Elon Henek
HCI - Glen Cove, NY
Main: 1-516-676-1854
Cell: 1-516-236-4086
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09-21-2023, 04:18 PM #4
- Join Date
- Jun 2021
- Location
- miami
- Posts
- 436
take them to the sba, feel free to give me a call sba loves staffing right now
Midwestern Financial Solutions
CEO
Office - (954) 694-6402
email- Info@midwesternfinancialsolutions.com
MidwesternFinancialSolutions.com
Where your box ends ours begins.
https://www.linkedin.com/company/mid...ial-solutions/
linkedin.com/in/brandon-cooper-426615267
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09-21-2023, 05:39 PM #5
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 732
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09-21-2023, 06:47 PM #6
Mike:
There is way too much information missing to direct you to a proper lender.
How much money do they need, what's the use of funds and how quickly do they need it.
Are you just asking for a MCA funding?
Are they making money, losing money or breaking even on their tax return?
Is this first position, which your post implies.
Have you tried to qualify them for a SBA 7A, Term Loan, or A paper loan?
What rate and term are they seeking?
Your post reminds of brokers who call me and ask "how many points can I make".
With no information, I tell them from 0 - 150 points
Nobody here can give you any kind of reference without some basic information.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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09-22-2023, 10:20 AM #7
- Join Date
- Sep 2014
- Posts
- 263
Do you just reply to everyone to hear yourself talk. The post was fine and multiple lenders sent me private messages and we got several offers.
I gave all that was needed for a basic inquiry.
Mike
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09-22-2023, 10:28 AM #8Steve 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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09-22-2023, 11:30 AM #9
- Join Date
- Sep 2014
- Posts
- 263
You have been on the Board 2 years and constantly spam all the post. Clearly you have a complex. I have been on this Board 9 years and do not waste peoples time with constant spam and useless post. I ask concise questions after I search the forums. You spam everything.
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09-22-2023, 12:33 PM #10
So ignore me...your response pretty much answers itself. Right now I have 15 loans over $20M all from brokers from this site so clearly some people see some value with my expertise. You don't and that's your choice. In the meantime posting negative comments about people who have posts you don't like is not constructive.
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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09-22-2023, 12:36 PM #11
- Join Date
- Nov 2022
- Posts
- 54
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09-22-2023, 01:37 PM #12
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,996
You may have received offers (those are a dime a dozen) the proof is can they actual close a funding deal.
I would be interested in knowing what information you provided so an "Offer" could be presented.
I don't know of any funder/lender that could completely underwrite a file in less than 24 hours.
I would be amazed that the merchant completed a full application and provided all the necessary documentation within 1 day.Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
Office: 727-233-1111
Skype: fc-financial
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09-22-2023, 01:40 PM #13
- Join Date
- Sep 2014
- Posts
- 263
The one think I wish this site had is a block feature. But this is a hugh resource. Every couple years we get self import spammers. But do me a favor don't bother to try helping me again
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09-22-2023, 01:44 PM #14
- Join Date
- Sep 2014
- Posts
- 263
Dave - This is an MCA site. You submit Bank Statements and applications and they all respond in under 24 hours. But to name a few, Credibly, LCF, Clarity, Simply, Spartan, Splash, Lendingvalley, GMF. All produce offers and contracts in under 24 hours and fund. And that list is not all of the great Lenders in this Business.
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09-25-2023, 09:53 AM #15
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
Michael,
Staffing companies generally have a constant need for financing payroll. SBA and other term loan products are not a good tool as they are not revolving facilities. Unfortunately, this opportunity is way too small for me. There are some receivables financing/factoring companies that know the industry well and are members of some of the industry associations. I just came back from a large staffing conference and will be at another next week and November. If you wish, please send me a PM and I can point you to finance companies thay may be able to help and know the industry.Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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09-25-2023, 03:03 PM #16
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02-22-2024, 03:40 PM #17
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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02-22-2024, 04:26 PM #18
- Join Date
- Feb 2017
- Posts
- 3,463
Remember, he hasn't posted a single thing other than "send it, this fits out box!" for every deal on the forum, which means that every deal fits his box? I'm a broker, and that's why I don't have a box. However, if I was a funder, I would make sure to have one box per brand, otherwise I'd just confuse everyone. So either he's lying or he's doing very bad marketing.
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