Hailmary for Cleaning Company in San Antonio, TX!
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  1. #1

    Hailmary for Cleaning Company in San Antonio, TX!

    Client looking for $15,000 loan to fund payroll and purchase equipment.
    Business is owned by a local couple
    Been in business since May 2012
    Business had Gross Annual Sales of $700,000
    Last 6 months averaging $65,000 monthly

    The Bad:
    Clients have credit scores under 500

  2. #2
    Can prob fish for an approval but not going to be pretty, 1.49 short term deal - if interested pm me I can assist or let you know who may put an offer out

  3. #3
    Senior Member Reputation points: 81657
    Join Date
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    Quote Originally Posted by LoneStarValorFunding View Post
    Client looking for $15,000 loan to fund payroll and purchase equipment.
    Business is owned by a local couple
    Been in business since May 2012
    Business had Gross Annual Sales of $700,000
    Last 6 months averaging $65,000 monthly

    The Bad:
    Clients have credit scores under 500
    Do they accept credit cards? possible cc split
    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

  4. #4
    any previous defaults or mca history? might be willing to give them a shot

    andrew@arkcapitalfunding.com
    9082083593
    www.arkcapitalfunding.com

  5. #5
    They have had previous mca in the past and from what I have been told they paid it off with no issue.

  6. #6
    Senior Member Reputation points: 10476
    Join Date
    Nov 2019
    Posts
    659

    You can check out the NY case search to see if they had a default here.

    https://iapps.courts.state.ny.us/nyscef/CaseSearch

  7. #7
    Send to diana@ontapcap.com, we'll take a look at it.

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