Oil driller high dollar MCA
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  1. #1

    Oil driller high dollar MCA

    Who will fund a 1.5 - 2 million dollar MCA based on 3 mil in revenue, 700+ credit, first position. My client also uses one of those stupid online banks (relay). Any Ideas?

  2. #2
    Is revenue monthly or yearly?

  3. #3
    Senior Member Reputation points: 29542
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    got a family office that loves these types of deals feel free to give me a call we could get him a 2-3-year bridge loan that is far more attractive than an MCA.
    Midwestern Financial Solutions
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    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

  4. #4
    sorry monthly revenue

  5. #5
    Quote Originally Posted by Ingot Capital View Post
    Is revenue monthly or yearly?
    2.5 - 3 Million in monthly revenue

  6. #6
    Senior Member Reputation points: 72961 Olderguy's Avatar
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    Do they have equipment for asset based loan?
    What's the use of funds - if for equipment reach out.
    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.
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