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10-05-2023, 07:22 AM #1
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- Oct 2020
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Reverse 16k monthly revenues
I've got a guy with 2mcas looking to reverse that is doing 16k in revenues. Can anyone do this?
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10-05-2023, 08:33 AM #2
Reputation points: 39331
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10-05-2023, 10:00 AM #3
Reputation points: 13
- Join Date
- Jul 2022
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- 26
Correction rev is too low for most reverse funders, QFS requires higher revenue I believe and so does GFE. You should avoid putting merchant's into reverses they do no good. Also most merchant's default on them anyways.
Christopher Plummer
Owner/Senior Business Consultant
Line of Credit Specialist
Visionbridge Advisors
Visionbridgeadvisors.com
https://www.linkedin.com/in/christop...mer-63845b230/
Office: 7865102522
Miami, Fl
Our Line of Credit will buyout your MCA positions at 18%
Equipment Financing
We also have an Accounts Receivables Line of credit
Feel Free to Call or shoot me a text
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10-07-2023, 03:28 AM #4
Reputation points: 39331
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- Aug 2018
- Posts
- 812
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10-05-2023, 10:11 AM #5
Qualify for a personal loan?
Can I get them a Heloc on their primary residence?
Both better options.
And then they need accounting services to help them run their business.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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