Results 1 to 5 of 5
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04-02-2016, 06:58 PM #1
$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
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04-02-2016, 09:20 PM #2
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
$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
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04-02-2016, 09:27 PM #3
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
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04-03-2016, 08:55 AM #4
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
$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
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04-07-2016, 01:09 PM #5
- Join Date
- Mar 2016
- Posts
- 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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