contractor 100k
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  1. #1
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    contractor 100k

    Contractor does 100k monthly sole prop
    new 1st position
    Has signed new contracts for $250,000 of work and growing
    Low fico 575 and had an old merchant advance that was in judgement that paid 8k.
    Any takers?

  2. #2
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    Contractors is a mantis favorite !
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  3. #3
    Senior Member Reputation points: 570 dworange's Avatar
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    id love to do this file lets hold a convo documentfunding@yellowstonecapllc.com and or call 5512638638

  4. #4
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    Quote Originally Posted by brokerCompany View Post
    Contractor does 100k monthly sole prop
    new 1st position
    Has signed new contracts for $250,000 of work and growing
    Low fico 575 and had an old merchant advance that was in judgement that paid 8k.
    Any takers?
    What do you mean by "new 1st position." Does he have a 1st that you are looking for a buy-out or is this a 1st position?

    I can get the 2nd done if he has a first.

  5. #5
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    this is a 1st position
    If your firm can fund where the owner has an old MCA judgement that was paid I would be surprised.


    Quote Originally Posted by AdvanceFund View Post
    What do you mean by "new 1st position." Does he have a 1st that you are looking for a buy-out or is this a 1st position?

    I can get the 2nd done if he has a first.

  6. #6
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    contractor 100k

    Factoring may be his solution. As factors we have totally different concerns than the MCA market place.
    What is their specially?
    Are the prime or subs?
    Who are their customers?
    Are there any liens against the business?
    Bob Shaw

  7. #7
    You can send it to me at submissions@ikahncapital.com

  8. #8
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    Quote Originally Posted by brokerCompany View Post
    Contractor does 100k monthly sole prop
    new 1st position
    Has signed new contracts for $250,000 of work and growing
    Low fico 575 and had an old merchant advance that was in judgement that paid 8k.
    Any takers?
    Your contact info?
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  9. #9
    Senior Member Reputation points: 570 dworange's Avatar
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    Im interested in this deal i have a few questions 5512638638

  10. #10
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    contractor 100k

    Who's the judgment with and does he have proof of payment ? Please contact me if you haven't placed this yet.

    Mike@samsonfunding.com
    347-492-1801

  11. #11
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    contractor 100k

    Broker Company.
    I would like to know more about the industry. Did you find any takers after the default?
    Thanks, Bob

  12. #12
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    Sounds like a very hard deal to do, love how people are saying that they can get it done. 1st position construction, low credit score, only cash advance payment history is a default that resulted in a judgement on their credit report. Not trying to be a Debbie Downer, just don't understand why people say they can do something that they know is next to impossible. Either way, good luck with getting this funded.

    Anthony Saracino
    Senior Funding Coordinator
    Yellowstone Capital LLC
    Direct: (516)-282-0933
    Fax: (646)-403-3092
    Cell: (201)-523-2596
    Asaracino@Yellowstonecap.com

  13. #13
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    True it is an auto decline for everyone if merchant has previous default on MCA.
    But hey even one of your buddies at YSc says they can do it!

    Quote Originally Posted by Anthony@AACapital View Post
    Sounds like a very hard deal to do, love how people are saying that they can get it done. 1st position construction, low credit score, only cash advance payment history is a default that resulted in a judgement on their credit report. Not trying to be a Debbie Downer, just don't understand why people say they can do something that they know is next to impossible. Either way, good luck with getting this funded.

    Anthony Saracino
    Senior Funding Coordinator
    Yellowstone Capital LLC
    Direct: (516)-282-0933
    Fax: (646)-403-3092
    Cell: (201)-523-2596
    Asaracino@Yellowstonecap.com

  14. #14
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    I'd be a taker on this.
    pm me or call: 208-957-7086 or email: mark@paramount-sales.com

  15. #15
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    Quote Originally Posted by brokerCompany View Post
    True it is an auto decline for everyone if merchant has previous default on MCA.
    But hey even one of your buddies at YSc says they can do it!
    lol yea I saw that, no idea who's email that is. Just a heads up for him, if you fund that deal IN HOUSE knowing it defaulted on a past advance and it defaults on us, guess who's responsible for that balance. Might want to think twice, I'm sure that brokercompany is more than capable of brokering his own deals and doesn't need you to do it for him.

    Anthony Saracino
    Senior Funding Coordinator
    Yellowstone Capital LLC
    Direct: (516)-282-0933
    Fax: (646)-403-3092
    Cell: (201)-523-2596
    Asaracino@Yellowstonecap.com

  16. #16

    contractor 100k

    constructionfinance.com. all we do is factor contractors. call or email. 8702774171. john@constructionfinance.com. Will pay broker fee for life of fundings

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