Large factoring deal
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  1. #1

    Large factoring deal

    I have a deal that is outside my box. My merchant has a contract with a large oil company to lay pipeline. The signed contract is over $14 million and the merchant is looking for $2-3 million to complete the job. Any ideas where to send this?
    B-C-D LENDER
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    aidan@quickstrikecapital.com
    (561) 422-4023
    http://quickstrikecapital.com

  2. #2
    Senior Member Reputation points: 68233
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    Aidan,

    There are direct lenders in this space that can address this (Kevin @ Sea Coast), however if this does not fit into his Underwriting criteria this is exactly what we arrange quite often..

    Please feel free to contact me at 516 510 3855 to discuss..

    Richard

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

    rg@businesscapitalconsultants.com

  3. #3
    Senior Member Reputation points: 32658 Zach's Avatar
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    Large factoring deal

    If the borrower cannot qualify with a traditional ABL or factor, WBL can facilitate a "bridge loan" for the borrower while they secure a longer-term solution. Give me a call or email and we can discuss.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  4. #4
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    This is directly in our wheelhouse. I will PM you
    ---
    Bill Doody
    Round Table Financial
    Business Development Officer
    bill@rtfinancialgroup.com
    C: (949) 444-3346

    www.rtfinancialgroup.com

  5. #5
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    Quote Originally Posted by AidanQS View Post
    I have a deal that is outside my box. My merchant has a contract with a large oil company to lay pipeline. The signed contract is over $14 million and the merchant is looking for $2-3 million to complete the job. Any ideas where to send this?
    Richard,

    Thanks!

    Aidan,

    We might be able to provide a working capital facility to help, but I would need to learn a lot more about the company and their contracts with customers. I can be reached at 561-623-1872 kevin.henry@seacoastbf.com
    We can go well over $10Mil in facility size, have a very low cost of funds, and we do pay referral fees!

    Best,

    Kevin

  6. #6
    Member Reputation points: 23 B2csp's Avatar
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    Richard,

    We should be able to help depending on what he has done already. I just need to ask you a few questions about the deal but I believe we should be able to help.
    We are currently working with an oil refinery in Africa for 1.2B. I will PM you my information.

  7. #7
    We've done similar in the past and could help you out...Call me at the office and mention you are calling about dailyfunder so they put you through directly to me.

    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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