$2.2MM monthly revenue, constantly negative
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  1. #1
    Senior Member Reputation points: 32658 Zach's Avatar
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    $2.2MM monthly revenue, constantly negative

    Deal was referred to me from a banker, so I'm trying to piecemeal it together. I can fund around $200K based on their collateral, but I need as much extra as I can get.

    Any idea of where to go with something like this?
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  2. #2
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    $2.2MM monthly revenue, constantly negative

    Maybe there are other options Zach. What does this business do for a living? Do you think an ABL could work?
    Bob Shaw
    rshaw@advancecredit.com
    734-929-3800

  3. #3
    Senior Member Reputation points: 32658 Zach's Avatar
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    I would love to, but the referral partner who brought me the deal already has the A/R tied up. Also, he has over 300 UCC filings, so equipment and other tangible assets are not an option.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  4. #4
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    $2.2MM monthly revenue, constantly negative

    With that many filings I assume
    that many are purchase money deals on individual or small lots of equipment. Can any of those be refinanced?
    Bob

  5. #5
    Hey Zachary. I can help. My niche is working on loans like this. In fact I just helped a merchant who was doing 450 monthly with about 12 negatives per month get funded.

    Call me direct at 8604714132 or e mail me@ sbatchelor@kingcapitalfunding.com

    Sherman Batchelor
    www.kingcapitalfunding.com

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