Electrical Contractor 3.4M
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  1. #1
    Senior Member Reputation points: 43599 brokerCompany's Avatar
    Join Date
    Aug 2015
    Location
    CALIFORNIA
    Posts
    947

    Electrical Contractor 3.4M

    Commercial Electric Contracts in CALIFORNIA
    2015 Gross: $3.4M
    Net: -79k loss

    2016: Gross 3.6M
    NET: 85,757

    AR:987,000


    Ondeck balance: $100k
    Forward Finance: $50k

    Looking to refinance into monthly or bi-monthly payments
    Any direct funders ?

  2. #2
    We can do weekly payments. How much do they want? Just the 300K to refi?

  3. #3
    please send over this file. Nathan@empirefunding.com

    EMPIRE FUNDING 1022 AVE M BROOKLYN NY 11230
    646 930 4338
    nathan@empirefunding.com

  4. #4
    Senior Member Reputation points: 49940
    Join Date
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    Posts
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    I can't pay off the other positions, but I can certainly do a very aggressive 3rd possibly on a weekly. If all else fails and the merchant is open to a 3rd, please feel free to reach out.

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

  5. #5
    Senior Member Reputation points: 9546
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    Quote Originally Posted by brokerCompany View Post
    Commercial Electric Contracts in CALIFORNIA
    2015 Gross: $3.4M
    Net: -79k loss

    2016: Gross 3.6M
    NET: 85,757

    AR:987,000


    Ondeck balance: $100k
    Forward Finance: $50k

    Looking to refinance into monthly or bi-monthly payments
    Any direct funders ?
    Refinances and buy-outs are not as common or as easy as some might think. If this merchant needs some extra capital I can help.

  6. #6
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    Aug 2015
    Location
    CALIFORNIA
    Posts
    947

    3RD POSITION. NO.
    We are looking at refi or invoice factoring

    Quote Originally Posted by AdvanceFund View Post
    Refinances and buy-outs are not as common or as easy as some might think. If this merchant needs some extra capital I can help.

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