[aak723]

I have a doctors office doing about $59K-$62K per month in deposits trying to consolidate 3 positions adding to $32,000. It's right on the cusp of the Net 50% payout. Bizfi declined it. Good credit. More than 5 years in biz. Suggestions?

[FundingCzar]

Provider Web Capital specializes in this, Breakout would also be interested. Quarterspot would pay off 2 positions to take 2nd as well.

[dpFund]

If it were larger (min $100k) I would be interested since we consolidate a lot of clients monthly. But I agree to look at Breakout. They will need to have good looking banks. Best of luck.

[Cfairbank]

Thanks for the mention guys. We'd be happy to take a look.

If Provider Web will consolidate three positions (I have never asked them), they would be a great option as they specifically focus in the medical segment as FundingCzar mentioned -- They are also a company that does business the right way -- i would happily vouch for them (or make an intro if you need it).

[RichardGerard]

Carl is spot on (as usual) ask for Scott Henson at Provider Web... Not sure they will do 3 positions. Perhaps Carl can consolidate and then roll it to PW?

[mcaguru]

If client is seeking capital and no one willing to help your client reach out to Cresthill Capital so we can evaluate the options.

[aak723]

Thank you so much everyone. Carl -- I will send the deal to you right now as well.

[Cfairbank]

Thank you so much everyone. Carl -- I will send the deal to you right now as well.

Sounds good, we'd be happy to look. As Richard mentioned, to the extent we do fund this, we'd also be willing to bring in Provider Web down the line (if they won't consolidate up front), assuming they can improve the terms for the merchant. But I will leave that to you and our sales folks. Steve (or whoever you are working with here) can make an intro to Provider Web as well if you'd like (not co-brokering, just a free intro).

[Alleon Healthcare]

If the client has growth potential, we would look at this as a factoring deal. We would need to see the potential of getting to $100,000 per month funded amount, i.e. $133,000 in revenues from insurance carriers.

[Jimmy C]

We restructure these all day. Then offer traditional money. 2 different products/2 commissions
jimmy@sigicancapitalcorp.com