Results 1 to 6 of 6
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06-19-2024, 03:17 PM #1Member
Reputation points: 30
- Join Date
- Nov 2014
- Location
- Fort Lauderdale, FL
- Posts
- 66
First position for used truck dealership
Who can help? Used Truck Auto Sales located in Florida Looking for 75k. 2023 Financials not available, but can provide 12 months of bank statements.
Facts:
TIB: 11 Years
Annual Revenue: 3.1MM
Average bank statements balance for last 12 months: 30k
FICO: >700
Positions: None
Debt: Only a SBA loan and Floor Plan CreditWilliam R. Mateo
Mateo Capital Group
Tel: (954)802-2833|Fax: (888)860-1508
http://www.mateocapitalgroup.com
Supporting Common Sense Financing!
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06-19-2024, 04:08 PM #2Senior Member
Reputation points: 73139
- Join Date
- Sep 2021
- Location
- Irvine, CA
- Posts
- 2,278
Get a second SBA loan after 3 months...if's a 7A, or is it EIDL?
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
@ 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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06-19-2024, 07:23 PM #3Member
Reputation points: 30
- Join Date
- Nov 2014
- Location
- Fort Lauderdale, FL
- Posts
- 66
Thank you Steve, but they cant cope with the SBA process at the moment. Too slow, they need the funds fast.
Originally Posted by Olderguy
William R. Mateo
Mateo Capital Group
Tel: (954)802-2833|Fax: (888)860-1508
http://www.mateocapitalgroup.com
Supporting Common Sense Financing!
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06-19-2024, 08:22 PM #4Senior Member
Reputation points: 73139
- Join Date
- Sep 2021
- Location
- Irvine, CA
- Posts
- 2,278
I use Cadence bank and have funded in 25 days...get the least amount you need with an early pay discount. You can access them through SmartBiz but request file goes to that bank.
Last edited by Olderguy; 06-19-2024 at 10:23 PM.
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
@ 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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06-20-2024, 12:20 PM #5Member
Reputation points: 374
- Join Date
- Dec 2023
- Location
- NJ
- Posts
- 35
talk to Scott
Last edited by FundingCaptain; 06-20-2024 at 02:57 PM.
TMRNOW | A Total Merchant Resources Company
Ariel Avalos – Iso Relations Manager
377 Hoes Lane, Suite 240, Piscataway, NJ 08854
Phone: 347-814-6152 | Email: Ariel@tmrnow.com | Web: www.tmrnow.com
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06-23-2024, 08:38 PM #6Member
Reputation points: 517
- Join Date
- Dec 2023
- Posts
- 44
Maybe I'm missing something, but you couldn't get them a line? or you're strictly going for MCA(?) Originally Posted by Wmateo
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