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07-11-2015, 02:00 AM #1
- Join Date
- Nov 2014
- Location
- Fort Lauderdale, FL
- Posts
- 66
$300k-$500k MCA FOR CONSTRUCTION CO.
600-640+ FICO - Construction Company with solid contracts. 2014 Income tax shows a little over 2MM in gross revenue. The merchant has taken 2 MCA's for 250k each with same lender since August of 2014 and she is now ready to renew again for $250k @1.28 for 5.5 months (weekly payments). However, the owner wants to see if he can actually get at least $350k instead, although 500k would be ideal for their project.
Company overview:
Located in Florida; 10yrs in business; last year gross revenue was a little over 2.1MM; monthly total deposits are a little over $500k and average daily balance is about $80k and solid reputation. They employ 20 people.
Any direct lenders interested in this deal please inbox me directly ASAP since time is of essence. If I do not get an approval by Monday evening or Tuesday morning, they will simply go for the renewal with their existing lender.Last edited by Wmateo; 07-11-2015 at 08:50 AM.
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07-11-2015, 03:20 PM #2
$300k-$500k MCA FOR CONSTRUCTION CO.
If client is willing to put up Real Estate as collateral we can get to 500k and even more if there is enough equity. I can get you an offer by Monday or Tuesday but it would take more time to close because of the collateral aspect. If interested please call or email. Thanks
Regards,
Matthew A. Stucchio
Associate
World Business Lenders, LLC
120 W. 45th St.
5th & 29th Floor
New York, NY 10036
Main: (212) 293-8200
Direct: (212) 220-6018
Fax: (646) 417-7161
Email: Mstucchio@wbl.com
www.WBL.com
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07-11-2015, 10:53 PM #3
- Join Date
- Feb 2014
- Posts
- 14
$300k-$500k MCA FOR CONSTRUCTION CO.
I can probably do $300k-350k and I have longer terms up to 24 months and very quick approval. But if time is of essence I need the full package by first thing Monday morning I can have it funded by Wednesday/ Thursday. Pm me and let me know
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07-12-2015, 12:03 PM #4
- Join Date
- Jul 2015
- Posts
- 1
$300k-$500k MCA FOR CONSTRUCTION CO.
Abc de
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07-13-2015, 11:46 AM #5
- Join Date
- Apr 2015
- Posts
- 188
Shoot me an email at nathaniel@vanduraconsultant.com
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07-13-2015, 03:20 PM #6
- Join Date
- Jul 2015
- Location
- San Diego California
- Posts
- 25
We have a really good program for this client e-mail me jesus@tradecapitalfinance.com
Jesus Infante
Account Executive
619.592.8000 ext. 409
619.727.6012
“Developing Your Company’s Growth And Success Is Our Goal”
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07-13-2015, 04:29 PM #7
- Join Date
- Nov 2014
- Location
- Fort Lauderdale, FL
- Posts
- 66
Thank you all for your responses. Unfortunately, I lost this deal, but I will call you to see how your program works since I may have more clients down the road.
Best,
William Mateo
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08-18-2015, 11:01 AM #8
- Join Date
- Apr 2015
- Posts
- 188
Look us up at instafundllc.com and shoot me an email at nathaniel@instafundllc.com to talk
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