[Zach]

Hello,

I have two unique situations:

1. Construction company who defaulted on 2 lenders a year ago after successfully paying 3 advances off with each of them. Reason for default was they had a partner who embezzled $100K from the business.

-Business has $500K of monthly revenue
-Business has a current advance with an A-Paper lender for $75K
-Business has letters from the lender they defaulted on stating that they have repaid in full and honored their debt
-590 FICO
-6-10 deposits monthly
-Average balances $30K or greater
-0 Negative days and NSFs
-Needs 9-month 1.39 or better paying 12 or more to myself
-Needs $300K or greater




2. Marketing company who has approximately $25MM of gross annual revenue.

-Business has $2MM of monthly revenue
-Business has a current advance with a C-Paper lender for $280K
-680 FICO
-50 to 80 deposits monthly
-Average balances $200K or greater
-0 Negative days and NSFs
-Needs 9-month 1.29 or better paying 5 or more to myself
-Needs $750K or greater

[Michael I]

if they have collateral reach out to wbl
sorry couldn't control myself

[AlexSMF]

Hello,

I have two unique situations:

1. Construction company who defaulted on 2 lenders a year ago after successfully paying 3 advances off with each of them. Reason for default was they had a partner who embezzled $100K from the business.

-Business has $500K of monthly revenue
-Business has a current advance with an A-Paper lender for $75K
-Business has letters from the lender they defaulted on stating that they have repaid in full and honored their debt
-590 FICO
-6-10 deposits monthly
-Average balances $30K or greater
-0 Negative days and NSFs
-Needs 9-month 1.39 or better paying 12 or more to myself
-Needs $300K or greater




2. Marketing company who has approximately $25MM of gross annual revenue.

-Business has $2MM of monthly revenue
-Business has a current advance with a C-Paper lender for $280K
-680 FICO
-50 to 80 deposits monthly
-Average balances $200K or greater
-0 Negative days and NSFs
-Needs 9-month 1.29 or better paying 5 or more to myself
-Needs $750K or greater

Zach, not sure if he would definitely be able to do this but reach out to Matt Fox at Foxii funding. I will PM you his contact info if you would like.

[bdshaw]

Zack. The consteu tion company may be a prospect for factoring . Are they a commercial contsactor, prime or sub? Are their jobs bonded .
we just did a marketing company but their individual cluents were small and did not have the credit strength. However they paid well. We created an ABL for them that solved their problem.
Bob

[bdshaw]

Please pardon my spelling all.
Bob

[KTK]

Do they own any real estate? I just can't remember who, but Someone on this forum does hard to fund real estate backed transactions. I'm sure you're be able to find out by using the search tool

[Zach]

Do they own any real estate? I just can't remember who, but Someone on this forum does hard to fund real estate backed transactions. I'm sure you're be able to find out by using the search tool

;-) Lol!

[AndyYSCISOdept]

Do they own any real estate? I just can't remember who, but Someone on this forum does hard to fund real estate backed transactions. I'm sure you're be able to find out by using the search tool

Amazing

[Zach]

Hey guys,

I am having some serious trouble getting these deals approved. I know there's someone out there who can do it.

Help!

[gerayin]

Hey guys,

I am having some serious trouble getting these deals approved. I know there's someone out there who can do it.

Help!

Send it. German@mylifecapital.com

[Zach]

What's your number?

[gerayin]

pm

[bdshaw]

Are these yours or Zack's deals

[bdshaw]

Zack, sounds like you're almost desperate to talk to me

[biggr]

Zach, I can work with deal number 2... PM me..

Mike