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04-27-2016, 10:19 AM #1
- Join Date
- Jun 2015
- Posts
- 5
Have a Civil Recovery Company, owned by an Attorney, looking for a 2nd position
I have a file looking for a home. Owner is an attorney but they do civil recovery and have thousands of settled cases they collect on monthly for large, national retailers. Everything is under contract. Monthly rev is 850K-1.1 Million. 1st position owe 380K and looking for a 2nd of 150K-200K. Please get in touch if you are a direct lender, need to get this done asap.
thad.german@bizlender.com
267-569-7122Last edited by TGerman; 04-27-2016 at 12:24 PM.
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04-27-2016, 10:21 AM #2
What kind of term, rate is the client looking for?
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04-27-2016, 10:24 AM #3
- Join Date
- Jun 2015
- Posts
- 5
looking for a reasonable second rate.....10-12 months.
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05-03-2016, 12:13 PM #4
- Join Date
- Mar 2016
- Posts
- 657
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05-03-2016, 12:25 PM #5
- Join Date
- Jul 2014
- Location
- Online
- Posts
- 965
We Fund Attorneys and they are one of the best paying clients and we are more than happy to service these files and renew.
The only issue I see is the 10-12 month 2nd position for his "Industry". We can take a look at the file and creatively review his future receivables into a long term plan that works for him. Maybe the full $150k won't be obtainable upfront, but we can see if we can do $50k disbursements over the course of that time.
Feel free to email me to review. amanda.kingsley@cardeqgroup.comAmanda Kingsley
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