Results 1 to 8 of 8
Hybrid View
-
05-08-2016, 09:53 AM #1
- Join Date
- Feb 2016
- Location
- Nationwide
- Posts
- 2
Need assistance with this one, please
Hello,
Can anyone tell me the best direct lenders for start-up funding? We have several partner agreements with direct lenders but they are not the go-to's for start up financing. If it helps this is my clients' current scenario -
The client has been awarded a multi-million dollar government contract - his company is the sub but he has the signed award.
It's a new contract signed less than a month ago. He needs funding to buy the initial fleet of transportation vehicles (ideally 1 million but will look at any amount of funding). The client has 35 years in the industry but took several years off (retired). He is re-entering the industry because of this newly awarded contract. Because he doesn't have financials for the last year, he is viewed as a start-up/new business. Separately, the client is also being considered for similar government contract in another state for the same type of work. This will create more funding opportunities for the firm that I can partner with.
Please let me know if you know of a lender that can assist with this.
Thanks!
Vee
vee.linkedin@gmail.com
-
05-08-2016, 10:20 AM #2
Sent you a PM & email.
Nick Hubbard
Senior Loan Advisor
314-252-0299 - Office
314-885-2262 - Direct
nick@elitefactoring.com
www.elitefactoring.com
-
05-08-2016, 11:34 AM #3
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Need assistance with this one, please
Hi Vee, a more accurate answer would be obtained if you told us what services the contract covers and what type of vehicles your client needs.
Bob Shaw
734-929-3800
rshaw@advancecredit.com
-
05-08-2016, 05:22 PM #4
- Join Date
- Aug 2014
- Posts
- 194
Need assistance with this one, please
I don't get it how is this guy being considered for these contracts if he's not even in the industry anymore? It's like saying I was just awarded trash routes, now all I need is the garbage trucks, garbage men and landfill...
-
05-08-2016, 08:18 PM #5
- Join Date
- Jul 2014
- Posts
- 1,746
-
05-08-2016, 06:30 PM #6
- Join Date
- Jul 2015
- Posts
- 1,202
Hi Vee. Is this a minority owned business?
-
05-08-2016, 11:11 PM #7
- Join Date
- Feb 2016
- Location
- Nationwide
- Posts
- 2
-
05-09-2016, 06:10 AM #8
- Join Date
- Apr 2016
- Location
- Florida
- Posts
- 133
i pmed u
Similar Threads
-
New member needs assistance
By Dempsey in forum Deal BinReplies: 12Last Post: 05-12-2016, 11:18 AM -
Your assistance
By LRMCapitalHoldings in forum Deal BinReplies: 6Last Post: 01-11-2016, 11:54 AM