[nass15]

Limousine Company

TIB 20 Years
Annual Gross - 7-8 MM
FICO - 700+
Has an AMEX Advance at 1.06 Original Amount $350K.
Looking for $500K

Flexible on rate with a longer term

[dpFund]

Hi Nass15-

Sounds like an interesting client. I'm interested in talking with you about the file. I am a direct funder and not a MCA lender.

We provide a monthly payment, with terms ranging from 12-30 months. The client can pre-pay at any time after six months with no fees, penalties or interest.

Minimum funding is $100k, max is $2MM.

Feel free to reach out if you would like to discuss.

Best,

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

[RichardGerard]

Nass15,

The details should determine where you send the file. If the Client is billing 7-8M, is profitable, does not have a Bank loan or line of credit (or an Asset Based lender) then you have several A Tier options that can extend terms out 10 years with interest only options with annualized interest less than 10%.

If however they have Senior Debt, or show losses (not merely related to depreciation of the equipment), and/or have any other challenges, then you will be forced to look at the shorter term options (6-30 months) available.

[nass15]

Merchant has a BLOC with BOA 700k about

[RichardGerard]

Nass15,

So then the client has B of A for 700k and 350k out to Amex on a very competitive advance price point.

Why the client needs the capital is now an integral part of the equation: if he has just taken on a new client/long term project and needs capital to support the growth then that's a lot more attractive then simply wanting to save money on his debt service.

In order for the people here that provide mezzanine debt (in the form of a real loan or MCA type facility- 'purchasing future receivables'), the details will drive the rate and term of the file.

Is the entity profitable?
Do they carry receivables on the balance sheet for corporate clientele?
Do they have equipment on the balance sheet or merely employ 1099 owner operators?

There are people here that can help.. Feel free to reach out should you want some perspective..

Richard 516 510 3855

www.businesscapitalconsultants.com

[golf2014]

Highly recommend you reach out to richard