Results 1 to 11 of 11
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05-12-2016, 10:18 AM #1Noob
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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 #2Senior Member
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lol
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05-12-2016, 10:38 AM #3Senior Member
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Not happening. No chance at all.
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05-12-2016, 11:11 AM #4Member
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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, 11:19 AM #5Noob
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I feel like laughing too
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05-12-2016, 11:22 AM #6Senior Member
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The guy does 40K a year. You guys will entertain this deal? BC if so, I have a shipping container of apps <75K yr gross I can send you.
Originally Posted by Jill Ravitz
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05-12-2016, 11:39 AM #7Senior Member
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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 #8Veteran
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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, 02:03 PM #9Member
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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, 02:06 PM #10Sponsor
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I completely Agree with Mat.
Originally Posted by Chambo
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05-12-2016, 02:11 PM #11Senior Member
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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. Originally Posted by JarrodW@ACC
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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