consolidation
Need a Funder or Vendor? START HERE

Results 1 to 9 of 9
  1. #1
    Member Reputation points: 686 CannonCap's Avatar
    Join Date
    Jan 2015
    Location
    Irvine, Ca
    Posts
    43

    consolidation

    Taking a shot on this one, have tech company in business over 10 years with 5 advances open totaling 550K, 4 of the 5 total 130K. Company has brought in almost 3Mil YTD, is it even feasible to consolidate all of these with additional capital or the 4 totaling 130 plus additional? Appreciate any input...thanks.

  2. #2
    Senior Member Reputation points: 32550 Funder Mark's Avatar
    Join Date
    Sep 2014
    Location
    NYC
    Posts
    1,436

    Dan Page would be your man here.

  3. #3
    Senior Member Reputation points: 2165
    Join Date
    Sep 2015
    Location
    Miami, Fl
    Posts
    148

    Quote Originally Posted by Funder Mark View Post
    Dan Page would be your man here.
    I would second that. After Dan I would give PowerUp a try as well.

  4. #4
    Senior Member Reputation points: 7360
    Join Date
    Aug 2015
    Location
    Boulder, CO
    Posts
    755

    Thanks Mark and bsmith! Much appreciated.

    John (CannonCap) reached out and we are taking next steps to see if this will work.

    Best,

    Dan Page
    dan@fundingstrategypartners.com

  5. #5
    Senior Member Reputation points: 32658 Zach's Avatar
    Join Date
    Nov 2013
    Posts
    1,733

    World Business Lenders can most likely facilitate this transaction. If you're available I'd love to speak and review what we can do.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  6. #6
    Banned Reputation points: 4530
    Join Date
    Mar 2014
    Location
    Ann Arbor, Michigan
    Posts
    1,289

    consolidation

    Hi Cannon.
    If this is a tech company they should have accounts receivable and they may be financed at substantial savings to your client.
    This would not be a consolidation like Dan's. This would be an elimination of advances with additional capital.
    How about sharing your contact information with me?

    Bob Shaw
    rshaw@advancecredit.com
    734-929-3800

  7. #7
    Senior Member Reputation points: 307559
    Join Date
    Jun 2015
    Posts
    3,325

    Quote Originally Posted by Zach View Post
    World Business Lenders can most likely facilitate this transaction. If you're available I'd love to speak and review what we can do.
    If they can't help with a 6th other can . Lol
    To not start another 15 page thread I am joking here

  8. #8
    Banned Reputation points: 4530
    Join Date
    Mar 2014
    Location
    Ann Arbor, Michigan
    Posts
    1,289

    Quote Originally Posted by CannonCap View Post
    Taking a shot on this one, have tech company in business over 10 years with 5 advances open totaling 550K, 4 of the 5 total 130K. Company has brought in almost 3Mil YTD, is it even feasible to consolidate all of these with additional capital or the 4 totaling 130 plus additional? Appreciate any input...thanks.
    Cannon- we have a plan that would eliminate all or most of the advances, clean up their balance sheet and make getting them future advances at better rates and terms.
    Bob Shaw

  9. #9
    Member Reputation points: 10
    Join Date
    Feb 2016
    Location
    Miami fl
    Posts
    33

    sam kota@ merchants advance network could get this done no problem super rate and length of time

Similar Threads

  1. Consolidation
    By fundnow in forum Deal Bin
    Replies: 4
    Last Post: 03-08-2016, 03:45 PM
  2. Consolidation
    By Increment1 in forum Deal Bin
    Replies: 2
    Last Post: 12-14-2015, 04:40 PM
  3. Need a consolidation
    By Triton in forum Deal Bin
    Replies: 7
    Last Post: 10-02-2015, 02:39 PM
  4. I need a Consolidation
    By Mike Z in forum Deal Bin
    Replies: 3
    Last Post: 09-30-2015, 03:12 PM
  5. Consolidation??
    By Increment1 in forum Deal Bin
    Replies: 8
    Last Post: 08-11-2015, 02:35 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Lendistry welcomes new CFO
LegalZoom partners w/ businessloans.com
iBusiness Funding acquires Funding Circle


DIRECTORY