Results 1 to 6 of 6
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01-31-2017, 01:00 PM #1
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paving contractor payoff $120k and get a first
3 year old paving contractor doing from $175k to $400k a month...looking to refi existing with bal $120k and get a first...credit in 600's and healthy daily balances
does not want a second
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01-31-2017, 01:27 PM #2
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- Jan 2017
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How do his past 2 months look as far as volume? We should be able to get this done at Strategic. PM me.
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01-31-2017, 02:24 PM #3
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- Dec 2014
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- Quogue, NY
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Viper066,
If the Contractor is billing commercial clients and does not have any other debt on balance sheet aside from 120k in advances this is a quick fix..
Feel Free to touch base..
Richard 516 510 3855
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01-31-2017, 04:52 PM #4
Reputation points: 7360
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- Aug 2015
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- Boulder, CO
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- 755
Viper-
If his net income is at least $15k/mo. (which is reasonable margin, given his industry) and the rest of his financials look good, this is likely something we can do.
I do not stack on other lenders so we would need to pay off the first.
He can also pay me off at any time after six months, with no fees, penalties or interest for some pretty significant savings.
Feel free to reach out if you would like to discuss.
Best,
Dan Page
Direct: (303) 938-8280
dan@fundingstrategypartners.com
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01-31-2017, 07:43 PM #5
Reputation points: 5777
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- Mar 2016
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- 335
PM sent
---
Bill Doody
Round Table Financial
Business Development Officer
bill@rtfinancialgroup.com
C: (949) 444-3346
www.rtfinancialgroup.com
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01-31-2017, 08:17 PM #6
Reputation points: 10
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- Jan 2015
- Posts
- 16
paving contractor payoff $120k and get a first
if AR is strong. I should be able to factor and pay off first. . I only do construction deals. john@constructionfinance.com. 8702774171.
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