[Wmateo]

For direct lenders only:

I have a wholesaler in need of $300K or 490K including the consolidation of their current two loans totaling $189K. Ideally, they would like to consolidate the loans into one. Also they are willing to pay off the first position with their own funds if they obtain a conditional approval.

This deal does not meet SBA guidelines or conventional loans because they have shown losses in the past 3 years, plus the credit of the borrower is not the best.

The numbers are as follows:
As per P & L 2015: Annual Sales of $5MM
Net Income: -$225K
Average monthly deposits: $467k
Average Daily Balance: $120k

Let me know if you can help or PM.

[Kevin Henry-Seacoast]

Sending a PM

[omegafund]

Invoice factor is your best option if they have commercial or government invoices and the AR is sufficient around 500k.
You would need 85-90% advance rate from factor

[Wmateo]

The do not need factor because they get paid within 5 days after they deliver their product.

Thank you for the advice.

[Wmateo]

Thank you Kevin. I will call you this afternoon to discusss.

[Funder Mark]

PM'd you.

[Kevin Henry-Seacoast]

Thanks The number below is my direct.

561-623-1872

[RichardGerard]

PM'd you as well.. The 2015 Net seems to be enough to arrange something- regardless of the credit (as long as there are no Tax Liens or judgments)..

If Kevin can't help I'd be happy to look at the data..

Richard 516 510 3855

www.businesscapitalconsultants.com

775 Park Avenue Suite 255
Huntington, NY 11743

[VCF]

W,

We'd like to take a look at the deal.
Please send it over.


Thank you,

[Zach]

I can offer the client somewhere in the neighborhood of $900K. Feel free and reach out if you can use a larger offer.

[bdshaw]

Just send PM

[cavcomp1]

I think i may be able to help
contact me SpeedFund4@gmail.com
or call me 732-813-1709

[cavcomp1]

I think i may be able to help Dave
contact me SpeedFund4@gmail.com
or call me 732-813-1709

[Funder Mark]

I think i may be able to help Dave
contact me SpeedFund4@gmail.com
or call me 732-813-1709

I do not understand. You have a decent website, with a company email, INFO@speedfund.net, why would he send anything to a gmail account?

[MikeC524]

Would they be open to paying off one of the smaller balances if a full consolidation isn't able to be done?

Mike@SamsonPartnersLLC.com
347-492-1801