Results 1 to 6 of 6
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03-29-2017, 01:19 PM #1
Commercial Distributor 3M annually
3M annually
3 different bank accounts
Commercial HVAC distributor
Was declined for:
Average NSF > 7 over last 3 months, or in most recent month
What direct funder can do this? Needs 100k-150kLast edited by brokerCompany; 03-29-2017 at 02:04 PM.
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03-29-2017, 01:31 PM #2
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,493
The header says $3mil Annual and the body of the post say $3mil/Month. Is he selling to commercial customers on terms? Do he have a senior lender in place encumbering AR and Inventory? If not would they consider factoring or an asset based line of credit? $3mil/month on terms ....he likely has $4-5mil in AR outstanding. You might be able to fetch him a larger revolving deal here. Yes-I am a lender.
KevinKevin 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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03-29-2017, 01:37 PM #3
- Join Date
- Mar 2016
- Posts
- 335
Seems like 90% of your deals are factoring deals. They definitely need an A/R LOC like Kevin said.
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03-29-2017, 01:56 PM #4
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,493
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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03-29-2017, 02:04 PM #5
post corrected 3.4M annually
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03-29-2017, 02:38 PM #6
- Join Date
- Dec 2013
- Posts
- 4,713
Cresthill.
3 hour offers / few stips / DOUBLE DIGIT COMMISSIONS/
AS PER UW'S WILL BE VERY AGGRESSIVE TO GET FILES FUNDED IN MARCH!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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