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07-10-2024, 11:10 AM #1
- Join Date
- Jun 2024
- Posts
- 4
Merchant owns two gas stations. Separate entities. One does 250k a month and the other does 450k. He wants to fund the one doing 250k, but it has lower balances. He's willing to put the one doing 450k up for collateral. Looking for MCA deal.
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07-10-2024, 11:11 AM #2
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,493
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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07-10-2024, 11:41 AM #3
- Join Date
- Jun 2024
- Posts
- 3
We will gladly have a look at the file. Send me an email to alex@thorocorp.com and we will take it from there.
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07-10-2024, 11:57 AM #4
- Join Date
- Feb 2017
- Posts
- 3,450
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07-10-2024, 12:13 PM #5
- Join Date
- Jun 2024
- Posts
- 4
Yes separate accounts. Separate entities.
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07-10-2024, 12:21 PM #6
- Join Date
- Feb 2017
- Posts
- 3,450
He has two gas stations, different entities.
I'm saying that funders don't look at the deposits for gas, because the profit margins are SO small.
They need to see the convenience store deposits only.
So what I'm saying more clearly is: Are there 4 bank statements (2 for each), or only 2 (1 for each)?
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07-10-2024, 01:19 PM #7
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