Results 1 to 6 of 6
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02-04-2024, 09:45 PM #1
- Join Date
- Apr 2023
- Posts
- 11
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
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02-04-2024, 10:02 PM #2
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 3,001
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
Office: 727-233-1111
Skype: fc-financial
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02-05-2024, 08:37 AM #3
You might want to try equipment financing first, rather than MCA.
Tony Borchello
First Financial
(888) 211-2197
mobile: (949) 800-5767
tonyb@firstfinancialweb.comSteve 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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02-05-2024, 09:09 AM #4
- Join Date
- Feb 2017
- Posts
- 3,473
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02-05-2024, 10:53 AM #5
- Join Date
- Nov 2019
- Posts
- 692
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
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02-05-2024, 12:51 PM #6
- Join Date
- Dec 2023
- Posts
- 21
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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