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12-28-2023, 01:32 PM #1Senior Member
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Temp Agency
Hi we have a temp agency. Only 1 deposit per month 90k.average. Who can consider.
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12-28-2023, 02:22 PM #2Senior Member
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Why is it only one deposit a month. Do they only deal with one client? Do they keep strong daily balances through out the month or are the poor until they get paid then the money runs out until they get the one deposit again?
Originally Posted by brokerCompany
Scott Platto
scott@tmrnow.com
tmrnow.com
212-220-9872
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12-28-2023, 02:23 PM #3Senior Member
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You omit many details - BUT - SBA has several possible options plus look at a Bank Term Loan, that is not SBA Originally Posted by brokerCompany
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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12-29-2023, 05:32 AM #4Senior Member
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As you know most temp agencies are factoring or using payroll funding. This would be way too small for me. If the company is based out west try Oxford Commercial Finance. Originally Posted by brokerCompany
HedleyKevin 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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12-29-2023, 02:23 PM #5Senior Member
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They are not looking for an invoice factor Originally Posted by Hedley Lamarr
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12-29-2023, 02:35 PM #6Senior Member
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I've done SBA loans with few deposits a month as Dave suggested...don't know if that's what they want or even qualify for.
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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12-29-2023, 04:29 PM #7Senior Member
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Looking for MCA right now Originally Posted by brokerCompany
Reply With Quote
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