$1 Million 9-12 Months
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  1. #1

    $1 Million 9-12 Months

    Business doing $2.5 Million a month looking for $1 Million at a 1.20-1.30 for 9 to 12+ months. Who could offer this type of deal or pm & let me know what lenders would be able to. Thank you!

  2. #2
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    Quote Originally Posted by christian04 View Post
    Business doing $2.5 Million a month looking for $1 Million at a 1.20-1.30 for 9 to 12+ months. Who could offer this type of deal or pm & let me know what lenders would be able to. Thank you!
    Any open balances?

  3. #3
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    Christian

    I can provide a working capital facility using the AR as collateral at much better rates. Call me tomorrow: 561-623-1872
    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

  4. #4
    No other balances.

  5. #5
    Senior Member Reputation points: 3217 CO1's Avatar
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    SFS
    CAPROCK
    MOTHER FUND
    ECM
    BFS
    Rapid Advance(Case by Case)
    Bizfi (Case by Case)
    GRP
    Vital
    The list goes on!

  6. #6
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    Christian,

    While I believe Kevin's bank can lend up to 40M effortlessly- assuming they can be Senior debt, by the sound of it your client likely has a credit facility in place and seeks subordinating debt.

    CO1 selflessly mentioned some Direct Funders that will give you rates that you asked for, there are several lenders that can do what you want for up to 3 years- while subordinating- and giving the client terrific rates, and close swiftly.

    Feel free to reach out if you would like assistance., If not good luck.

    Richard 516 510 3855

    rg@businesscapitalconsultants.com

    775 Park Avenue Suite 255
    Huntington, NY 11743

  7. #7
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    $1 Million 9-12 Months

    Do this at strategic. I've closed more 750k+ deals there than anyone else in this business...or find someone who lends through colonial and they can sweeten the deal for you.

  8. #8
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    $1 Million 9-12 Months

    How's their credit and what type of business do they operate? Depending on those two factors we can get it done. If assistance needed please contact.

    347-492-1801
    Mike@samsonfunding.com

  9. #9
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    Christian -

    I am a direct lender and fund deals of this size at the rates you are seeking.

    12- 30 month term
    Monthly payments
    Early prepay after six months with no fees, penalties or interest.

    Feel free to reach out.

    Best,

    Dan Page
    dan@fundingstrategypartners.com
    Direct: (303) 938-8280

  10. #10
    Christian call me as soon as you can 973-944-0646 with that kind of income if his credit is half way decent I can fund that for less than 20%. But again with that income and above 600 credit we would get give him a real loan not an over priced 30%+ cash advance.

  11. #11
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    referral fee

    Quote Originally Posted by christian04 View Post
    Business doing $2.5 Million a month looking for $1 Million at a 1.20-1.30 for 9 to 12+ months. Who could offer this type of deal or pm & let me know what lenders would be able to. Thank you!
    Please don't take me the wrong way but you are asking people who have invested both time and money developing a list of contacts to give you the information apparently for free.
    I, like many others here offer that information to anyone who wishes it if it's not part of my line of business. Speaking for myself I've spend over 40 years learning the appetites of a variety of lenders.It's been a major investment.
    I think brokers who have the information you don't should be compensated.......wouldn't you if someone asked you for this type of information? As a broker what do you have to sell to your customers other than knowledge they don't have?

    Bob Shaw
    rshaw@delenceyfunding.com
    734-929-3800

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