Results 1 to 9 of 9
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03-21-2017, 03:44 PM #1
- Join Date
- Feb 2017
- Posts
- 2
Reputable term lenders!?!
NEED TRUSTED LONG-TERM PAPER LENDERS WILLING TO PAY COMMISSIONS FOR PLACEMENT OF DEALS WITH THE FOLLOWING PROFILE (TYPICALLY)
-Pharmacy/home healthcare/durable medical equipment industries
-700+ FICO
-TIB 10+ years
-over 500K/month in revenue (if not within 1 entity, between owned entities they are willing to include in funding)
-typically seeking between $500K-$1MM+ for 3-8 year terms
-typically trying to consolidate bank or personal loans for the business to help cash flow issues (although bank balances are TYPICALLY strong, may experience a few negative days)
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03-21-2017, 06:31 PM #2
- Join Date
- Feb 2017
- Posts
- 3,450
Why not work on getting business lines of credit to off-load some of the debt and make them more fundable?
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03-21-2017, 06:48 PM #3
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03-21-2017, 06:54 PM #4
- Join Date
- Mar 2017
- Posts
- 6
At Alliance we can fund medical equipment/software etc. for those type of companies up to 2MM on terms 18-84 months. If no new equipment plans are in the works, but they need to free up cashlow we can also refinance any owned medical equipment pieces up to 100k per piece.
dgerson@alliancefunds.com
714-922-7133
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03-21-2017, 07:57 PM #5
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Reputable term lenders!?!
The three types of companies seem to have one thing in common. They all seem to invoice either government entities or insurance companies . If that's true there are good companies to finance them. This post has a company that can finance or refinance equipment that I'm sure can do a great job and you should contact them for details of their programs.
You might find unsecured term loan that are not collateralized by equipment near impossible to attain.
I'd be happy to provide you with a few contacts that finance working capital for clients like Youre a just give me a call and ill,point you to several.
Bob Shaw
Iron Horse Credit
734-928-3800
rshaw@ironhorsecredit.com
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03-22-2017, 01:29 PM #6
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
MoneyBunz,
My esteemed colleague Bob Shaw is correct in mentioning there are HIPAA lenders in the debt marketplace. They do not typically give origination/upfront fees, however a success/consulting fee for the introduction is something that is not frowned upon in the form of a direct ACH pull to the client.
Touch base for assistance..
Richard Direct 516 510 3855
Business Capital Consultants
775 Park Avenue Suite 255
Huntington, NY 11743
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03-22-2017, 03:47 PM #7
- Join Date
- Dec 2013
- Posts
- 4,713
I know Bob hes in here forever! Richard seems like a great guy as well!
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
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03-22-2017, 09:48 PM #8
- Join Date
- Jan 2015
- Posts
- 70
I'm also in the equipment finance industry and my rates on medical equipment for an established doctor with decent credit start in the mid-single digits. We like doctors so much we can finance up to $100,000 one day out of medical school.
PS - I haven't spent a lot of time on the Daily Funder - I'm I going to get in trouble for my signature?
Thanks!
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03-30-2017, 05:38 PM #9
- Join Date
- Feb 2017
- Posts
- 3,450
I'm talking about business credit cards and other lines of credit from banks with 0-16% yearly rates.
200+ banks, and based on the industry and credit score of the borrower, we can find the right fit, get upwards of $250,000 per business.
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