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04-01-2015, 03:49 PM #1
- Join Date
- Apr 2015
- Posts
- 159
Client needs $200k ASAP
Hi everyone,
I have a client that needs $100k BLOC for working capital, and would like the lender to consider re-financing existing MCA debt in the amount of $90k (decreasing by appx. $1,000/day). Say $200k to be safe.
Please do not follow-up with this unless you believe that there is a very good chance he can get financing from you. To help facilitate that, here are a few key metrics about our client.
Glass and mirror glazing company
In business for 4+ years
Took a loss in 2013, -$82,165
Netted profit of $178,000 in 2014
Revenue growth, 2014 versus 2013: 92.3%
Quick Ratio, 12/31/13: 1.03
Quick Ratio, 12/31/14: 1.28
Quick Ratio (Interim Financials), Q1, 2015: 2.03
Profit (Interim Financials), Q1, 2015: $29,000 (note: Q1 is slowest Q)
Owner is 100% owner, personal credit score just under 650
In my hands I have the following documents:
Sept - Feb, 2015 bank statements
Debt schedule (2 cash advances and an advance repayment owed to Fundbox, around $90k)
2012, 2013, 2014 financials
Q1 2015 Interim Financials
3 Years biz tax returns
1 Year personal tax returns
Again, while we appreciate all inquiries, please do not follow-up unless you in good faith believe that based on these metrics my client will qualify for financing from you. Thanks so much everyone.
E-mail me directly at CapitalPartnerSolutions@gmail.com - this is not the name of my company but an e-mail created specifically for posting to public threads.
THANK YOU!
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