Construction Company needs 12 month deal
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  1. #1

    Construction Company needs 12 month deal

    22 year old construction company that averages 80k per month in deposits is looking for a 12 month deal but 9 or 10 months MIGHT also work. Client won't sign for less than 75k. I realize that's a tight squeeze, but a longer term deal could make that possible.

  2. #2
    Banned Reputation points: 4530
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    Construction Company needs 12 month deal

    Would he qualify for factoring ?
    Bob

  3. #3
    Senior Member Reputation points: 32658 Zach's Avatar
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    BFS if it's really clean (they stretch out to 21 months, which could keep the PDR in acceptable territories for that size of approval)
    LoanMe
    WBL (if real estate available)

    Since it's construction, perhaps you could look into a leaseback from Finpac or something.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  4. #4
    Another good file for LoanMe.
    LoanMe Business
    949-535-7798
    Email: Business.Loans@LoanMe.com




    www.loanme.com/SBL-partner
    1900 S State College Blvd. Suite 300
    Anaheim, CA 92806

  5. #5
    Senior Member Reputation points: 39493
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    Naples, FL
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    As long as financials are clean - BFS would be a good fit! Call Luis Mozca - tell him Steven from One Park sent you.

  6. #6
    Is the business home based, I might be able to qualify the merchant for 15 month term. Also, how many deposits does the client make on a monthly basis? Please give me a call at (516) 492-3502. I might be able to qualify them for a weekly as well. Also keep in mind if we do get him anything more than 69K we are going to need tax returns, 2014 works and 2015 extension. Please give me a call let's get this funded today!
    Ryan M Cola
    Viking Funding Group
    Business Development Manage
    r
    E: rcola@vikingfundinggroup.com
    C: (516) 474-6501


  7. #7
    Banned Reputation points: 10
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    I can put him into are hedge fund program call me any time 843-796-4039 Brad

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