Steel Company 2 pos
Need a Funder or Vendor? START HERE

Results 1 to 13 of 13
  1. #1
    Member Reputation points: 10
    Join Date
    Jan 2017
    Location
    Idaho
    Posts
    27

    Exclamation Steel Company 2 pos

    I have a steel company with 2 positions totaling $140k. Grossing $550 a month. 740 credit as of 1/16/2017
    Looking to pay off both and have a 1st. I know that can be difficult
    May look at a line of credit.
    Needs $300k
    Clean bk st.

  2. #2
    Senior Member Reputation points: 340530
    Join Date
    Mar 2015
    Location
    Boynton Beach
    Posts
    3,490

    We might be able to provide a factoring facility or an asset based line of credit. If they/you are open to that, please give me a ring: 561-623-1872
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  3. #3
    Member Reputation points: 10
    Join Date
    Jan 2017
    Location
    Idaho
    Posts
    27

    Who are you with?

  4. #4
    Senior Member Reputation points: 340530
    Join Date
    Mar 2015
    Location
    Boynton Beach
    Posts
    3,490

    Quote Originally Posted by Fundingmaniac View Post
    Who are you with?
    Seacoast Business Funding, a division of Seacoast National Bank kevin.henry@seacoastbf.com www.seacoastbf.com
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  5. #5
    Who is the line of credit with?

  6. #6
    We can get this done at Strategic. We also can do Credit Lines if you'd prefer that route. PM with your email and I'll send you my info.

  7. #7
    Senior Member Reputation points: 54989
    Join Date
    Dec 2013
    Posts
    4,713

    All else fails try Mantis!
    Double Digit commissions and lately..its assembly line style underwriting !
    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

  8. #8
    Member Reputation points: 10
    Join Date
    Jan 2017
    Location
    Idaho
    Posts
    27

    send me a pm

  9. #9
    Member Reputation points: 10
    Join Date
    Jan 2017
    Location
    Idaho
    Posts
    27

    He's wanting to look at that option.

  10. #10
    Senior Member Reputation points: 49940
    Join Date
    Aug 2014
    Posts
    620

    I can't pay off both positions but I can certainly offer an aggressive 3rd if all else fails and the merchant is open to it. If you are not already set up with a rep over here at Yellowstone, please feel free to reach out to discuss your deal in further detail. Looking forward to hearing from you.

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

  11. #11
    Senior Member Reputation points: 105
    Join Date
    Apr 2016
    Posts
    103

    Quote Originally Posted by Fundingmaniac View Post
    I have a steel company with 2 positions totaling $140k. Grossing $550 a month. 740 credit as of 1/16/2017
    Looking to pay off both and have a 1st. I know that can be difficult
    May look at a line of credit.
    Needs $300k
    Clean bk st.
    This is an industry we like. Typically, depending on business income and Real Estate we could structure a term loan or a LOC. Give me a call with specifics or IM request details.

    Sean
    LiftForward
    917.477.6534
    sean@liftforward.com

  12. #12
    Senior Member Reputation points: 9546
    Join Date
    Jun 2016
    Posts
    416

    Quote Originally Posted by Fundingmaniac View Post
    I have a steel company with 2 positions totaling $140k. Grossing $550 a month. 740 credit as of 1/16/2017
    Looking to pay off both and have a 1st. I know that can be difficult
    May look at a line of credit.
    Needs $300k
    Clean bk st.
    I just funded a steel company yesterday. Love them.

  13. #13
    Senior Member Reputation points: 11553 Eagle Funding's Avatar
    Join Date
    Oct 2014
    Location
    New York
    Posts
    385

    Numbers look good, how new are the advances, these seems right up our ball park.
    Eagle Funding Group
    Phone: (646) 793-6809
    Email: info@eaglefundinggroup.net
    Web: www.eaglefundinggroup.net

Similar Threads

  1. Replies: 24
    Last Post: 01-26-2017, 02:00 PM
  2. 3PL Company and Nightlife Promotion Company Funding
    By seanedeska in forum Deal Bin
    Replies: 7
    Last Post: 01-22-2017, 11:51 PM
  3. Solar company looking for 2nd position-public company
    By Chair11 in forum Merchant Cash Advance
    Replies: 6
    Last Post: 06-30-2016, 10:37 AM


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

Lendistry welcomes new CFO
LegalZoom partners w/ businessloans.com
iBusiness Funding acquires Funding Circle


DIRECTORY