Results 1 to 10 of 10
-
04-04-2016, 12:44 PM #1
4th position? or refinance
Construction company 5.5M gros in 2015 NET 240,128
3 advances
YSC 60k balance 908$
Fundworks 57k balance 555 daily
Fox 14k Balance 676 daily
Who will consider refinance or 4th?
-
04-04-2016, 12:48 PM #2
WBL or Dan Page would be good fits, depending on the file.
Do they have real estate collateral?Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
-
04-04-2016, 01:01 PM #3
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
Thanks Zach,
If the client is looking for a 4th and they want to leverage RE, Zach is your guy.
If consolidation is in order (I would have to consolidate all advances), they are looking for cash out and they don't have the RE, I would be interested talking with you to see how we can help.
Quick insights:
12-18 month term
Monthly payments
$100k min, $2M max
Early payoff available after six months, with no fees penalties or interest (principle only)
Feel free to reach out if you would like to discuss.
Best,
Dan Page
Direct: (303) 938-8280
dan@fundingstrategypartners.com
-
04-04-2016, 01:01 PM #4
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Hi brokerCompany- we would consider taking the advances out with an ABL loan including equipment and receivables. I would like to talk to you for about 2-3 minutes to introduce us and get a feel for the deal.
Thanks, Bob Shaw
Advance Credit Funding Corporation
rshaw@advancecredit.com
734-929-3800
-
04-04-2016, 01:01 PM #5
- Join Date
- Mar 2016
- Location
- New York City
- Posts
- 12
Call Me
JOHN TINAZ
Senior Funding Manager
Funding-zone
1 PENN PLAZA, SUITE 3401 NEW YORK, NY 10001
www.Funding-Zone.com
Toll Free: (877) 490-9192
Office : (646)542 1032
Fax: (877) 702-2049
Direct: (347)880-1628
-
04-05-2016, 04:58 PM #6
- Join Date
- Dec 2014
- Posts
- 114
Bizbrella has had a tremendous amount of success with our consolidation program. Traditionally the merchant would have to net a certain percentage of the advance after paying off the existing balances. anywhere from 40% to 60% would be the "net amount" requirement.
Bizbrella will pay off multiple balances and the merchant does not need to net any of the advanced amount. The idea of this and why it has been so successful is because it will consolidate the current payments into just one payment that will in essence be a lower amount that the current amount being paid on a daily / weekly basis. This will save the merchant money and make his or her book keeping a lot easier.
Please contact me for more information. Any deal is worth taking a look at.
Thank you for your time.
Robert Menzel
www.bizbrella.com
Office: 516-299-8240
Cell : 631-235-3423
Email : rmenzel@bizbrella.com
-
04-05-2016, 07:50 PM #7
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
Broker Company,
If the receivables are commercial (and they are doing nearly 500k per month) the aging would likely have approximately 750k to leverage. The ABL route Bob Shaw mentioned earlier is the right choice- especially since the client will not have ANY payments deducted from their account..
-
04-07-2016, 09:15 AM #8
How much is your merchant looking for on a 4th?
Kevin Kim
Processing Coordinator
39 Broadway, 9th floor
New York, NY 10006
Phone:212-804-8083
Direct: 646-829-9431ext: 21
Cell: 347-532-0789
Fax: 212-321-0599
Untitled
www.broadwayadvance.com
kevin@broadwayadvance.com
-
04-07-2016, 12:45 PM #9
-
04-07-2016, 12:55 PM #10
- Join Date
- Jun 2015
- Posts
- 3,321
Similar Threads
-
Looking for a Business Debt Refinance
By NickHubbard in forum Deal BinReplies: 4Last Post: 01-16-2016, 11:15 PM -
Client looking for refinance 10-20 year loan between 4-6% APR
By Zach in forum Deal BinReplies: 7Last Post: 11-22-2015, 11:11 AM -
Looking to refinance equipment-based loan
By Fundyman in forum Deal BinReplies: 2Last Post: 05-01-2015, 12:48 PM -
Looking to refinance at a better rate
By cardinalequity in forum Deal BinReplies: 2Last Post: 01-05-2015, 11:51 PM