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07-24-2024, 05:04 PM #1
- Join Date
- Aug 2022
- Posts
- 1
Looking for AR Financing Lenders financing commercial construction company.
5 years TIB as INC
3 Personal Gurantors one Foreign Visa holder
600 Fico all 3 pgs
Home Owners
Commercial Property Owners
3.4 year gross revenue 1.8 Net
3 AR contracts with Kohls and Totall Wine CO total 877k to start 30 days
has 2 current MCA loans totalling 130k
Avg Monthly is 230k
Looking to leverage future receivables. Is there any AR Lenders that work with business loan brokers?
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07-24-2024, 05:05 PM #2
- Join Date
- Feb 2017
- Posts
- 3,473
You have to find the ones they do construction, not just any AR lender. Send me an email, I'll make an introduction
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07-24-2024, 05:15 PM #3
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 732
Might have to pay off those MCA if they filed UCC. We have active constructions clients that we factor their invoices
Contact for help
bzuniga@omegafund.com
www.omegafund.com
Private RE Commercial Loans
AR Financing
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07-24-2024, 05:40 PM #4
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,509
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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07-24-2024, 06:06 PM #5
- Join Date
- Oct 2022
- Posts
- 295
I LOVE YOUR BREAKDOWN!
I am heavily interested in this file and I have the connections that can handle progress billing, retainage, & bonded type of AR to build a proper ABL.Elon Henek
HCI - Glen Cove, NY
Main: 1-516-676-1854
Cell: 1-516-236-4086
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07-24-2024, 06:14 PM #6
Curt can do A/R on construction but needs to take out the MCA's.
Curt Powell
Vice President of Sales
2510 Solway Road
Knoxville, TN 37931
Cell: (865)363-1591
Direct: (865)333-8890
powell@capitalplus.com
www.capitalplus.com
I can do cash out on the commercial properties. And also do a second lien.
Tell them to go to a local credit union and get a HELOC on their primary residence - home equity line of credit.Last edited by Olderguy; 07-24-2024 at 06:27 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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Yesterday, 03:03 PM #7
- Join Date
- Jul 2024
- Posts
- 7
Hey reach out
Abe-Eminent Funding
abe@eminentfunding.com
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