Quote Originally Posted by ONEFUND View Post
Merchant in CA with plenty of MCA history. AVG 40-70k/m. Daily balances above 10k 90% of the time. Fico 600-650. Looking for a lender that would come in as a 1st with a 8-12 month term. Please drop a list of lenders you recommend. TIA
Credibly, Ondeck, TVT, Everest
I agree that you should be getting him invoice factoring IF he is B2B, but a lot of construction (yes, specifically construction) are having difficulty justifying this right now because GCs are refusing to verify invoices. It's also a small file and he may get nervous about "calling my GCs", and then you're going to turn around and .... WHOOPS, TVT's in the deal already and now you have to go through and try to create an intercreditor agreement for a small file if you want to get paid.