A/B Lender for client doing over 2M+ per but needs to payoff Corporate Turnaround

**jeffcapital** · 09-02-2015, 10:53 AM

Client owes appx 20k to Corporate Turnaround and is done with them....

Wants 200k loan.... Does over 2+ Million per year

700 fico

avg daily 40k

Which A or B Lender to provide minimum 12 months loan and willing to fund and/or payoff corporate turnaround????

**FundMaster82** · 09-02-2015, 11:04 AM

If it is a health/medical deal give James Graydon a call at ProMED Healthcare Financing 631-468-6325.

Originally Posted by jeffcapital

Client owes appx 20k to Corporate Turnaround and is done with them....

Wants 200k loan.... Does over 2+ Million per year

700 fico

avg daily 40k

Which A or B Lender to provide minimum 12 months loan and willing to fund and/or payoff corporate turnaround????

**Michael I** · 09-02-2015, 11:06 AM

wow when it comes to corporate turnaround , i will be shocked if any lender will do it . Good luck on the a lender search . If you do manage to find please let us know who .

**Zach** · 09-02-2015, 11:09 AM

If the client has real estate for collateral, I can make him an offer.

**Chambo** · 09-02-2015, 12:17 PM

Originally Posted by jeffcapital

Client owes appx 20k to Corporate Turnaround and is done with them....

Wants 200k loan.... Does over 2+ Million per year

700 fico

avg daily 40k

Which A or B Lender to provide minimum 12 months loan and willing to fund and/or payoff corporate turnaround????

Involved with Corp Turnaround si 99.9% of the time an instant decline

**jayrich316** · 09-02-2015, 03:04 PM

Originally Posted by jeffcapital

Client owes appx 20k to Corporate Turnaround and is done with them....

Wants 200k loan.... Does over 2+ Million per year

700 fico

avg daily 40k

Which A or B Lender to provide minimum 12 months loan and willing to fund and/or payoff corporate turnaround????

The only problem is corporate turnaround will negotiate defaulted ACH advances, so that would have to not be the case. What did Corporate Turnaround do for them? Need to know if he defaulted on anyone. Thanks.

**mcaguru** · 09-02-2015, 04:30 PM

Yep. unless the new kids on the block that are trying to fund may think its a good think that he has payment history with some company called corporate turnaround.

**jeffcapital** · 09-02-2015, 05:07 PM

Never defaulted on cash advance.. They simply restructured longer terms on cash advances...Those advances are all paid off. Has no cash advance currently...

**FUNd** · 09-02-2015, 08:17 PM

"restructured" is Japanese for "defaulted on original agreement"...

**bdshaw** · 09-02-2015, 09:05 PM

If the company is a b to b operation factoring their invoices would be a good option. Amy debts they renegotiated would not be a concern.
Bob Shaw
rshaw@advancecredit.com
734-929-3800

**Chambo** · 09-03-2015, 12:33 PM

Originally Posted by jeffcapital

Never defaulted on cash advance.. They simply restructured longer terms on cash advances...Those advances are all paid off. Has no cash advance currently...

If you say that, you don't understand Corporate Turnaround. They will take that cash advance and stop payment, then offer the MCA 4 cents on the dollar

**FundMaster82** · 09-08-2015, 03:15 PM

If the deal is medical/health based give James Graydon a call at ProMED Healthcare Financing; 631-468-6325.

Originally Posted by jeffcapital

Client owes appx 20k to Corporate Turnaround and is done with them....

Wants 200k loan.... Does over 2+ Million per year

700 fico

avg daily 40k

Which A or B Lender to provide minimum 12 months loan and willing to fund and/or payoff corporate turnaround????

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