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08-19-2015, 06:11 PM #1
- Join Date
- Jun 2015
- Posts
- 10
Looking for 300k for a consolidation
A land clearing and excavating company who has been in business for over 40 years is looking for 300k to consolidate some debt and use the rest for working capital. You will be in 1st position! Looking for a funder who is willing to reel in this whale!!! Here are the stats:
3 current advances:
Core at about 95k
NewWave at about 60k
Capital Stack at about 14k
So roughly 170k in preexisting advances
They process CC/debit and have 3 different business checking accounts and consistently do 200-300k in deposits each month with no negative ending balance days
Credit score is dinged up from being shopped around; client would accept 200k - 250k preferably 300k
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