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05-12-2016, 10:18 AM #1
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- Nov 2015
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- 4
Tax preparer
I have a tax preparer who grosses 40k/yr and wants 40k MCA. Am I crazy or is there anyone out there that can help this guy? His business is seasonal, with monthly revenue that fluctuates wildly.
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05-12-2016, 10:21 AM #2
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- Jul 2014
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- 1,746
lol
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05-12-2016, 11:19 AM #3
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- Nov 2015
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- 4
I feel like laughing too
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05-12-2016, 10:38 AM #4
Not happening. No chance at all.
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05-12-2016, 11:11 AM #5
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- Aug 2015
- Posts
- 5
Everest Business Funding funds seasonal merchants including Accountants and Tax Preparers' please reach out to me and I can see how we can assist you.
JILL E. RAVITZ
DIRECTOR OF BUSINESS DEVELOPMENT - EVEREST BUSINESS FUNDING
786.838.7425
Jill.Ravitz@EV-BF.com
WWW.EVERESTBUSINESSFUNDING.COM
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05-12-2016, 11:22 AM #6
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- Jul 2014
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05-12-2016, 02:03 PM #7
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- Aug 2015
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FUNd, I would like to send you our minimum guidelines and target merchants information, if you provide your name, email and contact information I can sent it asap and either myself or someone on my team can follow up with you.
JILL E. RAVITZ
DIRECTOR OF BUSINESS DEVELOPMENT - EVEREST BUSINESS FUNDING
786.838.7425
Jill.Ravitz@EV-BF.com
WWW.EVERESTBUSINESSFUNDING.COM
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05-12-2016, 11:39 AM #8
- Join Date
- Dec 2013
- Posts
- 4,713
Cresthill Capital may make an offer on that tax deal. Have an SBA group look into it may take a 5-6 months to rap it up but he may get his 40K.
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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05-12-2016, 01:03 PM #9
ANYONE who posts on here and tell you they will get you anywhere CLOSE to what is being asked....is OUTRIGHT LYING
NO WAY IN HELL a Tax Preparer, in May, who does $40K FOR THE YEAR, is getting ANYWHERE NEAR $40K......4K? Maybe....in Dec or Jan......but $40K?
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05-12-2016, 02:06 PM #10
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- Feb 2014
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- New York
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- 162
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05-12-2016, 02:11 PM #11
- Join Date
- Nov 2013
- Posts
- 600
To understand why this is more than likely not possible for future applicants is because just in the time invested and cost to underwrite / servicing would eat up most of any lender's profits even at a 1.45 rate for companies that gross under 150k annually.
Not to mention margins are super thin, and this industry is extremely seasonal that debt service the rest of the year would be an issue.
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