Rental and Property Management Company Seeking Monthly
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  1. #1

    Rental and Property Management Company Seeking Monthly

    TIB ~10 months
    Revenue ~$20K per month
    FICO: 650ish
    I have all 3 credit reports.
    Seeking $20K (most likely flexible)

    Anyone out there that can help?

  2. #2
    Senior Member Reputation points: 84403
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    Quote Originally Posted by burtMCA View Post
    TIB ~10 months
    Revenue ~$20K per month
    FICO: 650ish
    I have all 3 credit reports.
    Seeking $20K (most likely flexible)




    Anyone out there that can help?
    Usage of funds?
    They are asking for 100% of monthly gross revenue?

    Do they accept credit card payments - May be able offer 50% to 65% of average monthly cc receipts.
    (Last 4 months)
    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
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    I can take a look, i doubt it will be approved for 100% of the businesses monthly revenue, really depends on what he needs the money for and an AR would help. will pay 12 points! sent to nick@pinnacleadvances.com.

  4. #4
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    Lexio

  5. #5
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    Quote Originally Posted by burtMCA View Post
    TIB ~10 months
    Revenue ~$20K per month
    FICO: 650ish
    I have all 3 credit reports.
    Seeking $20K (most likely flexible)

    Anyone out there that can help?
    Burt, is their net cash-flow more than $8,000/month? If so, I can help you monetize that, I'll make the intro, you take it from there.

  6. #6
    Senior Member Reputation points: 3942
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    Quote Originally Posted by abfunders View Post
    Burt, is their net cash-flow more than $8,000/month? If so, I can help you monetize that, I'll make the intro, you take it from there.
    That's why Micah is goated!

  7. #7
    Senior Member Reputation points: 226125
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    Quote Originally Posted by FunderFunding View Post
    That's why Micah is goated!
    Baaaaaaaaaaaah

  8. #8
    Senior Member Reputation points: 10476
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    Quote Originally Posted by burtMCA View Post
    TIB ~10 months
    Revenue ~$20K per month
    FICO: 650ish
    I have all 3 credit reports.
    Seeking $20K (most likely flexible)

    Anyone out there that can help?
    This sounds like a file i can do depending on daily balances. I may not be able to get to the full 20k in one shot. But my renewals work kind of like a credit line where we just add the new balance to the back of the old and the payments stay the same. I can get him alot more than 20k over time but with a shorter term cost.

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

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