Home Based General Contractor
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  1. #1

    Home Based General Contractor

    General Contractor
    Home based
    2 years old
    Fico Scores 742, 670
    2 Tradelines; 1 open (16 months), 1 open(6 months) has past credit but all paid off.
    1 small medical collection $965
    $335,000 gross sales per year
    Carries nice balances, no NSF’s or neg balance days
    5 deposits per month
    Average daily balance $6,700 to $20,675

    Who do you recommend? New Logic, OnDeck, TBB all a NO...

  2. #2
    Member Reputation points: 131
    Join Date
    Jan 2014
    Location
    Denver, CO
    Posts
    90

    Is he a briefcase contractor? Does have his own crews and equipment or does he just hire subs?

    The problem your running into is probably due to the deposits volume.

  3. #3
    Senior Member Reputation points: 2893
    Join Date
    Jan 2014
    Posts
    283

    The low number of transactions are a problem. What state is he in? WBL loves construction equipment, they might be worth a try

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