Results 1 to 8 of 8
-
10-26-2016, 04:06 PM #1
- Join Date
- Oct 2016
- Posts
- 45
Business Solutions Company looking for $1MM - $1.5MM
Business Solutions
Net Income 2015 380K
Balance with CapFusion $400K
Annual Gross 2015 3.4MM
Projected 2016 3.6MM
Wants a $1MM Consolidation or $1.5MM net $1MM
If anyone can assist with this that would be great!
-
10-26-2016, 07:14 PM #2
They are not making enough to qualify for a $1M advance!
Nick Hubbard
Senior Loan Advisor
314-252-0299 - Office
314-885-2262 - Direct
nick@elitefactoring.com
www.elitefactoring.com
-
10-26-2016, 07:58 PM #3
- Join Date
- Dec 2015
- Location
- Texas
- Posts
- 552
This may have to be backed by real-estate, even then,
We are only able to provide up to 10% of annual income to consolidate.
Able to fund up to a million, but this client may only qualify for 300-450k on a monthly program.
PM me
Steven
Davincinc.com
2102904102
-
10-26-2016, 08:11 PM #4
-
10-26-2016, 11:23 PM #5
- Join Date
- Apr 2014
- Location
- Washington DC
- Posts
- 421
Try Able, Funding Circle, or Dan Page -- though Able may be the only company you get close to $1MM, you need a long term loan here to get that big (we've seen them on deals with $1M+ loan on revenues that were smaller than this). With an advance, like Chambo said, you wont get close to that; only option is long-term loan -- which you should be able to get since they are profitable (depending on credit)
Carl Fairbank
Founder & CEO boldMODE
www.boldmode.com
Carl@boldmode.com
Founder & former CEO of Breakout Capital (sold to SecurCapital in 2019)
www.breakoutfinance.com
-
10-26-2016, 11:51 PM #6
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Business Solutions Company looking for $1MM - $1.5MM
I would be interested in talking to you if you and they are open to look at other financial products.
Bob
-
10-27-2016, 10:07 AM #7
If they have equity, we'll get them the million that he needs. Depending what the project is he is working on, we could even do it off the the project. I would have to get more details from you to determine the best way to go about it.
I'll PM you my info if you want to give it a shot because there is no company out there that will give him 1MM just off his revenue.
-
11-07-2016, 01:44 PM #8
- Join Date
- Nov 2016
- Posts
- 14
Hoping no one has gotten this done yet because this is right up our alley...We provide rates starting in the single digits and are able to lend up to $5,000,000. We have short term and long term programs and our owners have 40+ years experience in cooperate business financing so we are very familiar with these types of situations. You can email, text or give me a call me if you have any questions, I would be happy to assist you. Have a great day.
email- john@verticalbizfunding.com
office- 201-258-7720 ext-412
cell- 201-563-9156
Similar Threads
-
Construction Company - 2 months in business
By HBNV in forum Deal BinReplies: 3Last Post: 10-06-2015, 11:25 PM -
Corporate business solutions
By Funder Mark in forum Merchant Cash AdvanceReplies: 1Last Post: 09-24-2015, 01:21 PM -
Business Financial Services Acquires Entrust Merchant Solutions
By isaacdstern in forum Merchant Cash AdvanceReplies: 6Last Post: 09-10-2015, 10:16 AM -
US Company providing LOC for Canadian Business
By stevefis in forum Merchant Cash AdvanceReplies: 1Last Post: 07-28-2015, 08:37 PM -
Simple Funding Solutions for your Business
By JoePat in forum Business LoansReplies: 7Last Post: 11-07-2014, 05:51 PM