Results 1 to 7 of 7
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07-02-2024, 01:06 PM #1
- Join Date
- Jun 2021
- Posts
- 40
150k request
Merchant does around 800k monthly average. CA based company, good time in business and good credit. Has a first with an A paper funder that he's been paying for more than 6 months (originally funded 18 month term). All around clean file.
Looking for a 2nd position. I have a 12 month offer, he wants 18 months. Is there anyone that does 18 months as a second?
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07-02-2024, 01:13 PM #2
- Join Date
- Nov 2019
- Posts
- 685
Then in a few months he will be looking for an 18 month 3rd position,
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07-02-2024, 01:13 PM #3
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,493
What industry? Perhaps there are better options. If they are B2B invoicing 800K/Month they likely have 1Mil in receivables outstanding. That being said, even factoring the AR would be a LOT more cost effective, you look like a hero, and get paid. If they qualify....they could get a ledgered line.
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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07-02-2024, 01:30 PM #4
- Join Date
- Feb 2017
- Posts
- 3,450
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07-02-2024, 05:57 PM #5
- Join Date
- Dec 2022
- Posts
- 67
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07-02-2024, 06:11 PM #6
Why a MCA? - there are better options, you can do a quick prequal with SmartBiz for $150,000. Fund in a week or two.
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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Yesterday, 12:33 PM #7
- Join Date
- Jul 2024
- Posts
- 3
Sam Grossman
ISO Relations
C . 347-745-0783
O . 860-419-7905
Sam@raptoradvance.com
www.raptoradvance.com
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