Need a Funder or Vendor? START HERE

Results 1 to 2 of 2
  1. #1

    Equipment Acq; Needs home ASAP; Cust has Merchant Advances

    Looking for a home for an Equipment Lease for a Recycling Facility in NJ,
    generating about $4,000,000 per year.

    They want to purchase and acquire $62K in equipment for Granulators, Forklift and
    Blades.
    The equipment is being delivered today12/16/2016. They meant
    to get the financing in place sooner, but time got away from them.

    They have several Cash advances. They have
    good gross revenue and bank balances are OK. They
    have had some OD / NSF Fee activity, 5-8 / Mo normally, but this has
    been happening during 1/2 days per month, not and extended number
    of several day. Their overall high Revenues keep
    this to a workable level.

    Credit is low to mid 600s'. TIB is 6 years.

  2. #2
    Banned Reputation points: 4530
    Join Date
    Mar 2014
    Location
    Ann Arbor, Michigan
    Posts
    1,289

    Equipment Acq; Needs home ASAP; Cust has Merchant Advances

    Will, I can help you by putting you in touch with a gentleman that specialises in garbage and recycling equipment.
    Bob Shaw
    734.929.3800
    rshaw@ironhorsecredit.com

Similar Threads

  1. Need a home for an equipment lease or finance deal.
    By DeanColeFinancial.com in forum Deal Bin
    Replies: 4
    Last Post: 10-14-2016, 01:36 PM
  2. Need an equipment financeing company asap
    By qualifiedsub in forum Merchant Cash Advance
    Replies: 5
    Last Post: 03-10-2016, 04:18 PM
  3. Dont finance equipment with cash advances!
    By Harrymetrix in forum Promotions
    Replies: 0
    Last Post: 06-09-2015, 12:38 PM
  4. Don't let your borrowers use Advances for Equipment!
    By Harrymetrix in forum Promotions
    Replies: 0
    Last Post: 05-05-2015, 01:43 PM
  5. Advances and Equipment Do Not Mix!
    By Harrymetrix in forum Merchant Cash Advance
    Replies: 1
    Last Post: 03-16-2015, 02:27 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

SubcontractorHub, Lendica partner
BoA launches business loan marketplace
Quickbooks adds new LOC product


DIRECTORY