Results 1 to 10 of 10
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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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01-27-2015, 10:06 PM #2
Deal Needs a Home
If they are doing $100k, they are not going to get $100k and certainly not for 12 months at a 1.25. If you have offer for $85K, chances are that is the best you're going to get.
Cheryl Tibbs
Superior Capital
ISO Account Manager
Direct: 678-435-9743
Fax: 817-665-3819
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01-27-2015, 10:07 PM #3
Deal Needs a Home
Ok I see you got $65 with 85 payback. I misread. I'd suggest Rapid for a bit higher than $65k.
Cheryl Tibbs
Superior Capital
ISO Account Manager
Direct: 678-435-9743
Fax: 817-665-3819
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01-27-2015, 10:39 PM #4
- Join Date
- Jan 2015
- Posts
- 3
Thanks Cheryl
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01-27-2015, 10:47 PM #5
Give me a call in the morning 718 316 3323, I want to learn a little more about this deal or email me at allen@trustcapitalfunding.com
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01-28-2015, 10:15 AM #6
- Join Date
- Aug 2014
- Posts
- 620
PM sent
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01-28-2015, 10:53 AM #7
I would love to hear what you got there as well - feel free to email me freddy@bccfund.com Hey Cheryl!
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01-28-2015, 03:30 PM #8
if they are willing to put up some collateral i could probably get them the 85k-100k
Ariel Perez-Palma
Finance Specialist
World Business Lenders
81 Market Sq.
Suite 7
Newington, CT 06111
Direct: (860) 436-4963
Cell: (203) 600-4221
Fax: (646) 924-3632
Email: aperez@wbl.com
Web: www.wbl.com
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01-31-2015, 06:49 AM #9
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02-13-2015, 01:18 PM #10
- Join Date
- May 2013
- Posts
- 67
If the credit is 650+ I can secure a 12 month - 18 month deal in the range of 1.25 - 1.36. Feel free to PM me to discuss the deal.
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