Restaurant grease removal company..1st position 20k/mo average
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  1. #1

    Restaurant grease removal company..1st position 20k/mo average

    Good evening All,

    First, I would like to thank all who have helped in finding funders/closers in our previous posts. This site has been very instrumental in our deal closings.

    I have a grease removal company that averages 20k/mo in contracts; just starting out..6 months statements. They are growing monthly and need to purchase equipment that can accommodate larger hauls because additional contracts are waiting for them to increase capacity.

    This will be a first position, 10k-15k would be ideal.

    Any insight is greatly appreciated.

    Lamont

    832-206-1407

    Rita@Lrhoustonfundingsolutions.com
    Lamont@LrHoustonfundingsolutions.com

  2. #2
    Senior Member Reputation points: 84403
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    Do they accept credit cards for payments?
    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

  3. #3
    Senior Member Reputation points: 72398 Olderguy's Avatar
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    You might want to try equipment financing first, rather than MCA.


    Tony Borchello
    First Financial
    (888) 211-2197
    mobile: (949) 800-5767
    tonyb@firstfinancialweb.com
    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
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  4. #4
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    Quote Originally Posted by L&R Houston View Post
    Good evening All,

    First, I would like to thank all who have helped in finding funders/closers in our previous posts. This site has been very instrumental in our deal closings.

    I have a grease removal company that averages 20k/mo in contracts; just starting out..6 months statements. They are growing monthly and need to purchase equipment that can accommodate larger hauls because additional contracts are waiting for them to increase capacity.

    This will be a first position, 10k-15k would be ideal.

    Any insight is greatly appreciated.

    Lamont

    832-206-1407

    Rita@Lrhoustonfundingsolutions.com
    Lamont@LrHoustonfundingsolutions.com
    You should tell the forum how the personal credit is on this deal and what state it's in.

  5. #5
    Senior Member Reputation points: 10476
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    Quote Originally Posted by L&R Houston View Post
    Good evening All,

    First, I would like to thank all who have helped in finding funders/closers in our previous posts. This site has been very instrumental in our deal closings.

    I have a grease removal company that averages 20k/mo in contracts; just starting out..6 months statements. They are growing monthly and need to purchase equipment that can accommodate larger hauls because additional contracts are waiting for them to increase capacity.

    This will be a first position, 10k-15k would be ideal.

    Any insight is greatly appreciated.

    Lamont

    832-206-1407

    Rita@Lrhoustonfundingsolutions.com
    Lamont@LrHoustonfundingsolutions.com
    If the credit is good and strong daily balances and does 20k a month now I should be able to give an offer for like 10-15k. My minimum time in business is 3 months. My renewals for first position works like a line of credit which all new deals get added to the bank end of the deal. As he is growing the revenue the offers will increase as well.


    Scott Platto
    scott@tmrnow.com
    tmrnow.com
    212-220-9872

  6. #6
    If the merchant is making at least $20,000 a month, we will be able to provide an offer.


    Jacquelline Bogdanov
    ISO Relations, Uptop Finance
    E: jacquelline@uptopfinance.com
    C: 929-265-5706

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