Results 1 to 8 of 8
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06-07-2016, 03:06 PM #1
- Join Date
- Jan 2015
- Posts
- 77
First position for 1.5mil in place need a second to provide additional cash
Company is doing over 40 million a year in order fulfillment
Has a commitment in place for 1.5 million to consolidate their 30K a day payments new payments will 106K per month saving them 400K.
They will only take the first if they can 700-800K in place as second position preferably 20 months.
Contact Jodi 631.613.1403
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06-07-2016, 04:20 PM #2
- Join Date
- Dec 2013
- Posts
- 4,713
Send to Cresthill Capital will give you are best offer....Recently Cresthill has been very competitive with offers always in a few hours + contracts come with fewest stips and funds as soon as contracts-back-in!
bizdev@cresthillcapital.comMarcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
——————————————————————————
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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06-07-2016, 04:28 PM #3
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,483
Need to know more info......
-Assuming 40mil in sales to commercial customers
-3.3mil month in AR outstanding
-90% advance on AR
Would probably wind up with a $4mil facility with us and paying less than 12% on an annualized basis on a factoring deal. Much better on an ABL deal. Need to learn more.Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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06-08-2016, 02:56 PM #4
- Join Date
- Jun 2016
- Posts
- 9
This deal sounds very familiar WBF ?
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06-08-2016, 04:26 PM #5
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
WBF is no longer out there..
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06-09-2016, 09:04 PM #6
What do you guys know about WBF?
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06-09-2016, 09:07 PM #7
If the client has real estate collateral, WBL can offer terms of that length for those dollar amounts.
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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06-10-2016, 12:04 PM #8
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
JHausen
Have you considered any other alternatives to cash advance?
Bob Shaw
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