Results 1 to 11 of 11
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01-25-2016, 07:33 PM #1
- Join Date
- Oct 2015
- Posts
- 26
CT Co with 2 Advances
We have a Fence Manuf & Installer in CT
that has 2 Advances;
$84K with 1st Adv Co - $793/day
$20K with 2nd Adv Co - $ 297 / day
TIB 3/2015
and they do per month below in deposits. Credit 650 +
4 to 5 Months left on advances
Dec; $120K Deps
Nov; $140K
Oct; $106K
Looking to either offer to pay those off with up to a 12 month term which will lower the
customer's daily takeout, or consolidate, or anything else that can be done to lower the payments.
They do Not have Real Estate to offer
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01-25-2016, 08:02 PM #2
- Join Date
- Apr 2015
- Posts
- 297
Try Carl Fairbank at Breakout Finance. This might be a good fit for them although I dont think they will got out 12 months. But they can definitely lower the daily either with a smaller daily or a weekly payment.
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01-25-2016, 09:23 PM #3
- Join Date
- Apr 2014
- Location
- Washington DC
- Posts
- 421
Thanks for the mention, Michael. Michael is correct, we are very unlikely to offer a year option here given TIB (we also typically require TIB of at least a year, but can make exceptions in certain situations). If you'd like us to take a look, shoot me an email and I can get your our ISO package.
Carl Fairbank
Founder & CEO boldMODE
www.boldmode.com
Carl@boldmode.com
Founder & former CEO of Breakout Capital (sold to SecurCapital in 2019)
www.breakoutfinance.com
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01-26-2016, 10:15 AM #4
- Join Date
- Jan 2016
- Posts
- 6
Hi
I don't know if we can do 12 months but, we should be able to do something...
Matthew Tirado
Senior Funding Consultant
Yellowstone Capital LLC
Main: (800)-955-2411
Direct: 1-646-774-3317 x1059
Fax: 1-347-246-4338
Email: mtirado@yellowstonecapllc.com
Website: http://www.yellowstonecap.com
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01-26-2016, 10:22 AM #5
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01-26-2016, 10:27 AM #6
- Join Date
- Oct 2013
- Location
- New York, NY
- Posts
- 1,203
Stranger things have happened...LOL
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01-26-2016, 11:52 AM #7
Thank you for bringing up the fact that there is no real estate collateral.
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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01-26-2016, 11:56 AM #8
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Hi Will- if your client has commercial customers there are a variety of methods of financing you may offer them.
If you are interested please send me your contact information and a good time to call.
Bob Shaw
Advance Credit Funding Corporation
rshaw@advancecredit.com
rshaw@millenniumfundingusa.com
734-929-3800
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01-26-2016, 01:11 PM #9
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01-27-2016, 01:39 PM #10Kaitlyn Miller
ISO Coordinator
770-617-2377
KM@SuperiorCapitalfund.com
http://superiorcapitalfund.com/
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01-28-2016, 12:48 PM #11
- Join Date
- Jan 2016
- Location
- New York City
- Posts
- 9
Will, I would love to help but can you tell me: for their time in business, did they purchase an already operating business OR did they start this business brand new in 2015?
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