Results 1 to 7 of 7
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03-20-2017, 10:46 PM #1
- Join Date
- Dec 2015
- Posts
- 33
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
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03-21-2017, 11:48 PM #2
- Join Date
- Dec 2015
- Posts
- 33
Nothing? Thought for sure someone here would be able to get this done.
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03-22-2017, 09:59 AM #3
- Join Date
- Mar 2017
- Posts
- 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
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03-22-2017, 01:06 PM #4
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,484
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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03-22-2017, 01:21 PM #5
- Join Date
- Jul 2015
- Posts
- 1,202
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03-22-2017, 01:36 PM #6
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
Kevin- seems like your going to be sending out a GFY invite to a local Starbucks sometime very soon
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03-22-2017, 01:44 PM #7
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,484
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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