Results 1 to 4 of 4
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07-26-2016, 02:20 PM #1
- Join Date
- Oct 2014
- Posts
- 30
Home Healthcare Company seeking 100k+
I'm working with a home healthcare company that is looking for 100k, Average of last 4 months deposits is approximately 115k. Bank statements are pretty clean.
This would be a 1st position, although merchant has horrible personal credit, below a 500 FICO I believe. Merchant was doing 9-10 month terms with Swift, she wants a longer term than what Swift can offer.
I know this is a tough one given the personal credit!
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07-26-2016, 02:56 PM #2
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Home Healthcare Company seeking 100k+
Why not consider setting your client up with a line of credit using their accounts receivable as collateral along with a smaller Advance?
Bob Shaw
rshaw@advancecredit.com
734.929.3800
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07-26-2016, 03:44 PM #3
- Join Date
- Dec 2013
- Posts
- 4,713
Horrible Credit is what keeps our doors open ! (OK maybe part of the door )...
Send to Cresthill Capital.....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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07-26-2016, 04:09 PM #4
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
CSHoke: what is the reason for the low credit?
If they are profitable and there is a valid reason why the credit is damaged (that is reversible) that might be something we can Bridge in house with our own Capital.. we will only help if we see the credit challenge is temporary.
Reach out if you would like feedback..
Richard 516 510 3855
www.businesscapitalconsultants.com
775 Park Avenue Suite 255
Huntington, NY 11743
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