[upperlinecap]

Owner has strong credit, over 675
Depositing $180k per month
Deposits are at least 7 a month
ADB is above $15,000 per month

Other than industry type, this is an A-paper file.
Merchant wants at least 12-month term with factor in the high 1.2x to low 1.3x
Seeking $50k to $100k

Been DQ'ed at some of the the typical Tier A because of Industry Type and state (CA)

Please DM only if you can do at least 12 month term within the range stated above on this industry type in state of Cali...thanks

[AlexSMF]

IOU does Cali and they also do insurance companies. They will go all the way to 18 months with probably some of the most competitive rates in the industry. If you are licensed in Cali, then send it to IOU. They will not accept your submission unless you have your license. The same exact story goes for Quarterspot

[dpFund]

Hi,

I am a direct lender and think I can check all the boxes mentioned.

I am not a MCA company. From the client's perspective, it is often more appealing, with a monthly payment much like a term loan.

Don't have a problem with the industry type, as long as the profitability is there. I need to see net income sufficient to make the monthly payment, with margin left over.

$100k is my minimum funding amount (max is $2M)
We fund in all fifty states, so Cali is not a problem
Per the note above, my main driver is net income. Yes, of course I am keenly interested in banks, credit, deposits, etc. But net income must be there.

Feel free to reach out and discuss.

Best,

Dan Page
Direct: (303) 938-8280
dan@fundingstrategypartners.com

[mcaguru]

Cresthill Capital has funded many Insurance Agencies.
We are also well known for funding marketing and brokerage companies.

Sign up today for 3 Hour Offers / Double Digit Commissions!!

[Scott Williams]

TBB might be a good option too

[Chambo]

Owner has strong credit, over 675
Depositing $180k per month
Deposits are at least 7 a month
ADB is above $15,000 per month

Other than industry type, this is an A-paper file.
Merchant wants at least 12-month term with factor in the high 1.2x to low 1.3x
Seeking $50k to $100k

Been DQ'ed at some of the the typical Tier A because of Industry Type and state (CA)

Please DM only if you can do at least 12 month term within the range stated above on this industry type in state of Cali...thanks

what's the pass thru on this? All the deposits in the world don't mean squat, if the merchant doesn't keep any of it.

TBB (and others) do this SIC CODE when they know what the pass thru is. Insurance guys are usually around 20%.

So that $180K a month is really only 36K a month......

[omegafund]

http://www.oakstreetfunding.com/
Here is a free one for you.
They understand how insurance agencies work. Dont expect a 2 day turn around

[mishatbb]

TBB might be a good option too

We'll gladly take a look at insurance, it's a premium industry. Shot you a message.

[MikeC524]

We just got a transportation company based out of Cali a 1st position fund for 1.1 million, 12 month term with factor rates starting in the 1.2's - 1.3's range. Credit was 700's. Seems like a similar file with only the revenue lower but what they are seeking is realistic. Please contact me if you have not found a home for this file.

Mike@samsonpartnersllc.com
347-492-1801

[Ryan Shiroky]

IOU does Cali and they also do insurance companies. They will go all the way to 18 months with probably some of the most competitive rates in the industry. If you are licensed in Cali, then send it to IOU. They will not accept your submission unless you have your license. The same exact story goes for Quarterspot

idk about all that, ive seen some ish...