[Davincinc]

Seeking financial solution.

I have a client in Austin, Tx seeking 250k. They are currently qualify for 450k. but will not take it...
They have secured 7m this year in gov contracts alone and needs more funding for other pending contracts to bid on.

I need the current qualified amount to be deposited into their sister company which is the same address and linked via their accounts too. Client just requires the payroll company get the deposit so they can pay the bid cost.

That is the only reason client wont take the contracts. Any direct lenders willing to make easy money just to cross collateralize the deposit and draw from same account?

OK With COJ's!!

4-6 deposits per months 400-810k deposits
ave. daily balance 220k

[MikeC524]

I can get this done with the cross collateral no problem. We can structure a contract that deposits into the sister company so that they can secure the bid purchase. Please call me and we can discuss further in detail.

347-492-1801
Mike@SamsonFunding.com

[RichardGerard]

Should the client wish for a credit facility to leverage the Government Contracts- that grows as he takes on more contracts- not just a short term cash flow solution- please feel free to touch base.

Putting the finishing touches on a similar deal for a $2M Line of Credit- not factoring- for 1.25% per month interest only for 24 months. Government Contracts are no problem at all.

Funding typically occurs within 15 business days..



Richard 516 510 3855

Business Capital Consultants
775 Park Avenue Suite 255
Huntington, NY 11743

rg@businesscapitalconsultants.com

[bdshaw]

I think that you and your client would benefit from an approach that includes a combination of traditional commercial financing in combination with advances.
Your client is being rewarded with terrific growth and will need a growing line of credit to accomidate this growth level.
They save in cost and get more flexible financing and you keep then longer making more income.
Please call me if you would like to discuss a number of other options.
Bob Shaw
rshaw@advancecredit.com
734-929-3700
or PM

[ridextreme]

I need the current qualified amount to be deposited into their sister company which is the same address and linked via their accounts too. Client just requires the payroll company get the deposit so they can pay the bid cost.

That is the only reason client wont take the contracts.

if this was the only reason he wouldn't take the money, then why couldn't he just transfer or wire it into the other account after he got funded?

[johnsawyer3rd@me.com]

Do they want to sell receivables on the govt. contracts. I do construction Receivable Purchase

www.constructionfinance.com

I can buy his commercial construction AR for as low as 1.5%

John Sawyer
870 277 4171
john@constructionfinance.com

[bdshaw]

John, whats tour underwriting criteria for that rate, is that a discount rate and whats the advance rate?
Thanks, Bob Shaw