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01-27-2015, 07:31 PM #1
- Join Date
- Jan 2015
- Posts
- 3
Deal Needs a Home
Hi Guys,
New independent ISO looking to introduce himself and get a deal funded. I've got a IT company in Texas that's been around 17 yrs.
They want $100,000 and pay back $125,000 over 12 months.
They're doing $100,000/month. They were doing $300,000/month the past couple of years but the CFO and another employee defected and took a lot of clients with them. At the same time they opened
a data center in Chicago. They want the money to develop sales efforts and catch up on a few payables.
I know it's a stretch considering the current revenues, but I want to know if there's a direct lender out there that can work with this. They'll close with these terms, but if somebody can come close I can
try to get them to move. Let me know if someone out there is willing to work with this. Already have an offer on the table for $65k, $85k payback 6-8monthsLast edited by Better Business; 01-27-2015 at 07:34 PM.
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