First Position - Limited Time In Business (kind of)
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  1. #1

    First Position - Limited Time In Business (kind of)

    If anyone can help me out here I would really appreciate it...

    I have a client that took over his father's business (commercial sandblasting) this year. The business has been running for 25+ years but due to the father's illness they stopped business operations sometime last year. As of January the son started running the company and has secured all of their old clients plus a few new ones.

    No current loans or any other debt on the business other than a lease payment for a piece of equipment he uses. 500 FICO

    Cash Flow:

    February - $34,000 - about $3,400 avg daily balance - 30 deposits

    March (to date) - $44,000 - about $3,400 avg daily balance - 18 deposits

    The loan is going to be used to fund the purchase of another truck/equipment/crew so that he can take on a new contract that was offered to him but requires his crew to be on site full time. They will have at minimum an additional $13,000 per month coming in just from this one contract.



    Please let me know

  2. #2
    Nothing? Thought for sure someone here would be able to get this done.

  3. #3
    Good Morning,

    I would like to talk to you about this deal. You can email me at JacksonGreen2009@gmail.com. My name is Thomas Dukes

  4. #4
    Senior Member Reputation points: 338265
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    Quote Originally Posted by Football2017 View Post
    Good Morning,

    I would like to talk to you about this deal. You can email me at JacksonGreen2009@gmail.com. My name is Thomas Dukes
    So let me try to connect the dots here..... Football2017's real name is Thomas Dukes and the GMAIL account is Jackson Green.
    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
    Senior Member Reputation points: 158630
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    Quote Originally Posted by kevinhenry0527 View Post
    So let me try to connect the dots here..... Football2017's real name is Thomas Dukes and the GMAIL account is Jackson Green.
    Who wouldn't send sensitive business and personal information to this professional business advisor.

    Although you might want to fill things out in crayon and brush up on your pokemon skills...

  6. #6
    Senior Member Reputation points: 68233
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    Kevin- seems like your going to be sending out a GFY invite to a local Starbucks sometime very soon

  7. #7
    Senior Member Reputation points: 338265
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    Quote Originally Posted by RichardGerard View Post
    Kevin- seems like your going to be sending out a GFY invite to a local Starbucks sometime very soon
    RG,

    HA! Trenta GFY!
    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

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