Results 1 to 13 of 13
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08-02-2016, 03:35 PM #1
- Join Date
- Apr 2015
- Posts
- 159
Consolidation Deals - $620k
Hi all,
I need some consolidation lenders. Already talked to Power-Up Lending, EZ Business Funding (Universal Cash Fund), and Funding Strategy Partners. Looking for some others to add to our network.
We have a few massive consolidation deals (one for $100k and another for $520k)
We prefer direct lenders but willing to co-broker if you pass our smell test.
Thanks,
Hanna
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08-02-2016, 04:47 PM #2
World Business Lenders can handle all your tougher consolidation deals, as long as the borrower has access to real estate collateral.
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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08-02-2016, 05:18 PM #3
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
If the folks previously mentioned can't assist, we work directly with PE and Hedge Funds that have Consolidated up to 14 positions and up to $1.5M in advances.. Lender must be Senior Secured and Notes must be Guaranteed Personally by owners AND spouses.
Reach out if you would like more information..
Best,
Richard
www.businesscapitalconsultants.com
775 Park Avenue Suite 255
Huntington, NY 11743
Direct 516 510 3855
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08-02-2016, 06:53 PM #4
- Join Date
- May 2016
- Location
- New Jersey
- Posts
- 31
I would try Evolution. You can email Chris at cgarguilo@evocapitalgroup.com
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08-02-2016, 09:30 PM #5
- Join Date
- Apr 2014
- Posts
- 781
Strongly advocate going with Richard gerard.
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08-03-2016, 01:00 PM #6
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
I strongly agree with golf2014
Bob
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08-03-2016, 01:16 PM #7
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,499
Helping Hand,
We have been successful on deals where the Company was factoring with one of our competitors and stacked some MCAs on top of the factor. The deals we got done were large in most cases. We were able to include other assets like inventory and M&E to provide enough liquidity to take out the factor and MCAs. At the same time we saved the Company a significant amount of money in financing fees which in turn helps with working capital and goes right to the bottom line.
One Company was a niche manufacturer that was financing their AR with a factor and stacked three MCAs on top of that. The factor was all in at around 22% and you don't even want to know what he was paying for the MCA.... We were able to provide as facility that included AR, Inventory, and Equipment and his all in rate was around 13%.
Best,
KevinKevin 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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08-04-2016, 12:53 PM #8
- Join Date
- Mar 2016
- Posts
- 4
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08-04-2016, 03:57 PM #9
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
PMG,
It is customary to list your company name, address, and website if you offer your services here.
Also: not sure what you are referring to when you use the acronym LTV as relates to 'if there is". It has always been my understanding that meant "Loan to Value", and I don't understand the inference there.
By all means please introduce yourself and your firm to the group. We all can expand our contact base..
RG
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08-04-2016, 05:05 PM #10
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Consolidation Deals - $620k
Richard is correct. Without the name and address if your com0any you will get kicked off. We're all willing to listen but you need to show us you are not a scam artist.
Bob
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08-04-2016, 08:04 PM #11
- Join Date
- Apr 2015
- Location
- New York City & Florida
- Posts
- 82
Whats your max funding amount using real estate ? Thxs..........
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09-01-2016, 06:21 PM #12Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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09-03-2016, 05:18 PM #13
- Join Date
- Dec 2015
- Location
- Texas
- Posts
- 552
I would recommend Funding Circle, They are a term loan provider I use for my consolidation plus a few more ,
- takes a couple weeks of training and background checks to get registered,
But its very simple online submission portal with single digit rate options.
I also can provide SBA 7a loans through smartbiz.
Please view my page with direct lender submissions under loan options for details or PM me.
Thank you for your time!
Steven Jones
DaVincinc@outlook.com
www.Davincinc.com
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