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  1. #1
    Senior Member Reputation points: 30475 Zach's Avatar
    Join Date
    Nov 2013
    Posts
    1,732

    Auto Repair Shop 80K / month needs long term

    I have a merchant:

    • Does 80K a month,
    • 6-7 months time in business.
    • He has deposited over 75K each of the past four 4 months (last month 115K).
    • He will not accept a 9-month offer.
    • I need at least a 14-month offer to close this deal.
    • He is in Texas.
    • He does not have collateral.
    • 640 FICO


    Any takers?
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  2. #2
    Veteran Reputation points: 157541 J.Celifarco's Avatar
    Join Date
    Oct 2012
    Location
    New York
    Posts
    2,504

    sounds like a great file but the guy wants a term double his time in business. I dont see anyone offering 14 months on this even though the file sounds like a good one... GOOD LUCK
    John 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

  3. #3
    Member Reputation points: 32
    Join Date
    Dec 2014
    Location
    NYC/Florida
    Posts
    86

    I might be able to do something with that. Whats the monthly ending balance look like?
    Last edited by IKorie; 02-19-2015 at 02:49 PM.

  4. #4
    PM sent.

  5. #5
    Member Reputation points: 11
    Join Date
    Feb 2015
    Location
    New York City, NY
    Posts
    20

    I can handle that send me a message to email you the requirements.

  6. #6
    I can take the deal to 15 months, give me a call 636 627 9498
    Brandon Seger

  7. #7
    Senior Member Reputation points: 1240
    Join Date
    Dec 2014
    Posts
    114

    Robert Menzel @ World Business Lenders
    Rmenzel@wbl.com
    Cell - 631-235-3423

    2x the loan amount with longer terms

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