Results 1 to 8 of 8
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02-02-2015, 03:02 PM #1
- Join Date
- Jun 2014
- Posts
- 89
Who can buy out $150k balance?
Which direct lenders are willing to buy out a balance of about $150k if the client qualifies for enough? These days alot of sources have a max buyout of $50-80k. Client is a manufacturer averaging about $290k/month. Looking to replace their 1st (and only) position.
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02-02-2015, 03:27 PM #2
- Join Date
- Aug 2014
- Posts
- 620
PM sent
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02-02-2015, 03:52 PM #3
- Join Date
- Dec 2014
- Posts
- 81
I will give it a shot, email me.
brandon@modernfundingadvisors.com
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02-02-2015, 03:57 PM #4John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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02-02-2015, 04:57 PM #5
- Join Date
- Aug 2014
- Posts
- 28
If your client has real estate or is interested in an equipment re-lease PM me. Much better terms for the merchant
Last edited by fundit; 02-02-2015 at 04:59 PM.
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02-03-2015, 09:20 AM #6
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
They may qualify for a SBA loan that closes within 30 days at 6% APR and a ten year payback.
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02-04-2015, 07:12 AM #7
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
While that is significant revenue the question is whether or not the business is solvent. If it is there are several (SBA, ABL, Term and Business LOC) solutions that will diminish your clients debt service and allow him to be more profitable.. Touch base if you would like our assistance..
Richard 516 510 3855
www.businesscapitalconsultants.com
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02-20-2015, 05:01 PM #8
- Join Date
- Jan 2015
- Posts
- 93
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