Monthly Payments on Construction?
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  1. #1
    Senior Member Reputation points: 20465 Fundyman's Avatar
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    Monthly Payments on Construction?

    I have a merchant who seeks a monthly payment product as his ideal product.

    $2MM revenue last year
    Not your typical A paper, but bank statements aren't too bad.
    6 negative days in past 4 months.
    $6K bal. w/ cash advance company.
    Looking for $60-80K for equipment purchase & working capital for upcoming project.

    Hiccup: one loan past due on credit report.

    Is this feasible? If so, who will do it?
    Last edited by Fundyman; 09-16-2016 at 05:26 PM.

  2. #2
    Senior Member Reputation points: 32658 Zach's Avatar
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    LoanMe
    Quickbridge
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  3. #3
    quickbridge will not touch that deal.

  4. #4
    Quote Originally Posted by Fundyman View Post
    I have a merchant who seeks a monthly payment product as his ideal product.

    $2MM revenue last year
    Not your typical A paper, but bank statements aren't too bad.
    6 negative days in past 4 months.
    $6K bal. w/ cash advance company.
    Looking for $60-80K for equipment purchase & working capital for upcoming project.

    Hiccup: one loan past due on credit report.

    Is this feasible? If so, who will do it?

    Give me a call. I could help.
    646-880-8075

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