Internet Company Looking for $250k

**RFunding** · 10-17-2016, 06:02 PM

I have an internet company with a recurring based business model looking for 100 to 250.

Looks like they do around $185k on average in deposits per month. Strong ADB's. No NSF's. Clean bank statements.

The issue is an incubator\investment venture capital firm owns 73%. The owner\founder we are working owns 27%.

Any funders that can fund this deal with a personal guaranty of only 27% of the company?

**brokerCompany** · 10-17-2016, 06:05 PM

I thought can did deals with only 5% signing

**Steven_O** · 10-17-2016, 07:01 PM

If the 27% owner has a credit score of 700+ I can help. Call me. 786-712-4900. -Steven

**dpFund** · 10-17-2016, 10:34 PM

Interesting. I have funded Internet companies in the past and had a positive experience.

I am a direct funder and understand the Internet marketplace. Happy to see if it is a fit.

Please feel free to reach out if you would like to discuss.

Best,

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

**Cfairbank** · 10-17-2016, 11:04 PM

We would look if primary investor will sign loan document (or some form of conformation that they are on-board with contract), they don't need to sign PG. That said, $250K seems high here. Is it a true VC firm or just friends and family?

If they have a high recurring revenue and looking for low rate, try Lighter Capital -- they will do cheap debt based off of the contractually recurring segment of the business -- but will only lend off of the recurring revenue, and candidly, stips are heavy (as you'd expect in lower rate loans). Reach out to Steve (ssafirstein@breakoutfinance.com) if you want an intro to them (not looking to co-broker) or if you want us to take a look -- we may be able to do monthly pay deal here if they would look at 150K to 175K (subject to a number of factors) given monthly revenues and with strong ADBs (and our underwriting for the monthly pay product is as expeditious as our standard deal review of that size). And as always, Dan Page is a good option as well.

**Zach** · 10-18-2016, 02:23 AM

WBL can typically lend 2-3X the borrower's monthly revenue with fairly long terms. If Dan Page and Mr. Fairbank aren't options, WBL would be the logical next step.

**aaroncrouter** · 10-18-2016, 09:28 AM

I should be able to fund your client. You can reach me at 407.924.1724 - Aaron

**bdshaw** · 10-18-2016, 09:37 AM

If this is a factoring deal we do not ask for pg's.
Bob

**FundingCzar** · 10-18-2016, 10:30 AM

Loanme will go down to 25%. I have also funded a few CAN deals with as low as 1% ownership, usually in those cases they want a board resolution authorizing the partner to act on behalf of the company's finances.

**CEVOLUTION** · 10-18-2016, 12:20 PM

Evolution Capital Group
funding@evocapitalgroup.com
888-624-2561

**Synergy Funding** · 10-21-2016, 10:46 AM

We've helped clients in similar situations...Give me a shout at the office and mention you're calling from dailyfunder so I can deal with you personally.

Kyle Readdick, CEO
Synergy Direct Funding
2525 Camino del Rio S
San Diego, CA 92108
p: [866]428-0172 | f: [888]372-6007
w: http://synergydirectfunding.com

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