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10-13-2015, 08:39 PM #1
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Heathcare Company doing about 800K-1M/year - 2 advances
2 positions out, owes 40K total. Paying about 675/day currently. Advances are strangling the company. Very low ending balances and negative days because way over-leveraged on the 2 advances.
Would like 80K 1st position @ 12 months if possible. $400 a day would save them about 6K a month with the advances paid off and the cash will give breathing room until the busier season. I won't push a 3rd position on them.
Any direct lenders that would look at this one?
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10-13-2015, 08:52 PM #2
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I understand your client are overwhelmed with debt, we can help.
We can approve an application for debt consolidation in as little as 24 hours, which means the debt can be paid off in as quickly as a week and monthly payments.
Feel free to connect with me at doran@doransummers.comDoran M. Summers
Small Business Loans & Commercial Loans
3960 Howard Hughes Parkway Suite #500
Las Vegas, NV 89169
Doran@DoranSummers.com
Www.DoranSummersFunding.com
217.799.0156
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10-13-2015, 11:11 PM #3
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op is looking for advamce that pays 8 plus points
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10-13-2015, 11:12 PM #4
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op is looking for advamce that pays 8 plus points...I'm guessing his credit isn't good like 625 or less..?
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10-14-2015, 10:18 AM #5
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10-14-2015, 12:50 PM #6
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FUNd - I am a direct lender and do a lot of consolidations. Assuming all of the numbers add up for this client, his monthly payment (I do monthly payments, not daily) on $80k would be about $8,700, or a little over $400/daily if you do the math. Twelve month term. Client can pre-pay any time after six months with no fees/penalties (principle only).
One knee jerk reaction I have though, is if they are doing $800k - $1M annual, why those payments are strangling them to badly. But I can understand that better once I see financials.
If you are interested, please drop me an email at dan@fundingstrategypartners.com and we can set a time to discuss.
Thanks,
Dan Page
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10-14-2015, 04:49 PM #7
Hi FUNd
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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10-14-2015, 10:11 PM #8
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10-14-2015, 11:19 PM #9
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^ lol'ing of here
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10-15-2015, 10:29 AM #10
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Hello FUND,
I just sent you a PM. Check it out and let me know if I can help.
Thanks!
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