Construction in Cali with High Tax Liens
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  1. #1

    Construction in Cali with High Tax Liens

    I have a construction merchant in Cali doing a steady 180k per month. He owes 400k to IRS and 200k to the State. Payment plans with both. He has no advances and is requesting between 100-150k. He sent his credit report along with his statements. The credit report shows a 640. What can we do for this gentlemen?

    sal
    sdellitalia@franklinmerchantcapital.com
    cell-516-492-4533
    Last edited by sdellitalia; 03-12-2016 at 06:37 PM.

  2. #2
    Tell the merchant he is not getting 100k

  3. #3
    Senior Member Reputation points: 68233
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    Hey Sal: Issue is whether or not his sales are to private individuals or Companies (residential vs Commercial)..

    I can help with Construction receivables that are commercial.. I know that Dan Page has posted on here that they like Construction firms.. If you have payment plans to Municipalities his 12-18 program might work well..

    Richard 516 510 3855

  4. #4
    Senior Member Reputation points: 30475 Zach's Avatar
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    Construction in Cali with High Tax Liens

    If he has real estate collateral, and the liens are not against that collateral, WBL can likely offer him upwards of $300K.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  5. #5
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    Cresthill LOVES construction and makes offers in HOURS!
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    ——————————————————————————
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

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