Need 400k - 3 month deal 15mm annual 610 FICO

**MCS Info** · 09-04-2015, 02:21 PM

I need a short-term deal for 400k and can participate. Large landscaping/fertilizer operation.
No brokers, gamers, funders only. 90 day term.

**Zach** · 09-04-2015, 02:57 PM

I can probably get this done for you. Feel free and shoot it over to me or give me a call so I can review.

**Chambo** · 09-04-2015, 03:44 PM

Well, can the merchant handle that kind of pull?

1) Landscaping....so as the months get colder, business most likely dwindles
2) $15 million a year, comes to $1.25 a month.
3) $00K over 90 days a t a 1.20 would amount to 13% of gross sales (providing they are doing $1.25 million a month over next 90 days)
4) there's been no mention of the banks. Other advances? NSF history,daily balances, etc

**cpnbizdev** · 09-06-2015, 11:15 AM

Originally Posted by MCS Info

I need a short-term deal for 400k and can participate. Large landscaping/fertilizer operation.
No brokers, gamers, funders only. 90 day term.

On the surface this sounds doable but my main questions would be does the merchant understand this is a daily payment with rates north of 1.2? That will be a huge daily payment if he wants a 3 month program for 400k. With such a short term we may be able to work on the rate but I share similar questions as the other posts: is he going into a slow season? How were deposits and balances the last 6 months? Are there any tax liens/judgments/etc.?

I'd be happy to take a look at the file if you want to shoot it over. Feel free to reach out to me.

**bdshaw** · 09-06-2015, 04:47 PM

Please consider putting them into a factoring agreement.
Bob Shaw

**DF.SamsonFunding** · 09-08-2015, 11:44 AM

If you have still not found a home for this deal I would like to take a shot at it. Please contact me.

Daniel@SamsonPartnersLLC.com
347-682-5727

**JoeMann** · 09-08-2015, 01:09 PM

My firm can work this. Shoot me an email joe@berkmanfinancial.com

**MCS Info** · 09-09-2015, 11:17 AM

No. Very southern location-no cold months-actually the winter months Sept-Dec produce 7-9 million income. Obviously, they can handle the payment. I have all PB months for last two years. You must be a funder - no brokers.

**DF.SamsonFunding** · 09-09-2015, 12:01 PM

I would definitely like to take a look at this. Please call me so we can discuss this file further.

Daniel@SamsonPartnersLLC.com
347-682-5727

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