Construction needs a 3 week bridge
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  1. #1
    Senior Member Reputation points: 33996
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    Jan 2015
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    Construction needs a 3 week bridge

    I hesitate to get involved in this due to how stacked up this client is, but oh well. Construction firm needs 100-200k bridge loan for three weeks. They bring in about 28k per day and have about 8k going out per day in existing advances totaling about 600k. Anyone?

  2. #2
    Senior Member Reputation points: 68233
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    Dec 2014
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    Quogue, NY
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    Are the billings Corp to Corp? If yes there is the possibility we can help. If the receivables are approximately $1M and his invoicing is NOT 'paid when paid' or have extensive retainage there is a good shot. Feel free to reach out tomorrow...

    Best,

    Richard

    Direct 516 510 3855

    www.businesscapitalconsultants.com

  3. #3
    Our lenders has a bridge program for construction companies and can close in 5 days.

    We typically work with companies that are pursuing development or raw land deals. However, we are happy to work with any client who is interested in exploring financing options.

    Feel free to shoot me an email to doran@doransummers.com
    Doran 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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