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  1. #1
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    Medical Practice

    Medical practice 1.7 M annually. They report a loss
    Around 280-300k deposits every month/3 negative days last 2 months.
    Funding Circle Loan for 240k. Need 100k over 18+ months
    Last edited by omegafund; 08-29-2016 at 12:30 PM.

  2. #2
    Veteran Reputation points: 159120 J.Celifarco's Avatar
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    Quote Originally Posted by omegafund View Post
    Medical practice 1.7 M annually. They report a loss
    Around 280-300k deposits every month/3 negative days last 2 months.
    Funding Circle Loan for 240k. Need 100k over 12- 18 months at
    I though most banks dont payoff funding circle. If thats the case so this should be very doable, who killed it so far and why?
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  3. #3
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    Quote Originally Posted by J.Celifarco View Post
    I though most banks dont payoff funding circle. If thats the case so this should be very doable, who killed it so far and why?
    no one killed . it is a decent deal just need a good offer 18 months. He has offer from united

  4. #4
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    Medical Practice

    It sounds like a better Factoring deal

  5. #5
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    Can

  6. #6
    Veteran Reputation points: 159120 J.Celifarco's Avatar
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    I would go bizfi or ondeck.. If the credit is strong either of those would give you an offer
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  7. #7
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    [/url]
    Last edited by snajieb; 08-29-2016 at 04:39 PM.

  8. #8
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    CAN gives great offers for medical, and they will go out 18 months.

  9. #9
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    New York
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    I think I can help you out, as long as the only deal he has is funding circle we should be able to get you exactly what you are looking for.


    Daniel Fawcett
    Samson Funding
    347-682-5727
    Daniel@SamsonFunding.com

  10. #10
    I PM'd You, I can do this

  11. #11
    If the client has enough AR, we can look at this as a factoring or line of credit deal.
    Ben Rutkevitz
    Alleon Healthcare Capital
    benr@alleoncapital.com
    (201) 340-6346
    http://www.alleonhealthcare.com/

  12. #12
    They need a new term loan. Contact me to discuss. George Bloom Consulting. 772-285-6711.

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