2nd position refi?
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  1. #1
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    CALIFORNIA
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    2nd position refi?

    IT services company
    2016
    Gross Income: $2,321,750
    NET: $340,718

    2015 YE
    Gross Profit: $2,021,750
    NET: $193,761

    2 advances:
    81k balance at 540 daily
    90k balance at 516 daily
    NO NSFs
    NO REAL ESTATE
    Looking to refinance both into 1 payment or refinance the 2nd with additional cash.
    ANy direct funders?

  2. #2
    Senior Member Reputation points: 503040
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    Have you tried Dan Page? Seems like it could be a good fit.

  3. #3
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    Dan is great but not for this deal.

  4. #4
    Senior Member Reputation points: 338265
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    Quote Originally Posted by brokerCompany View Post
    IT services company
    2016
    Gross Income: $2,321,750
    NET: $340,718

    2015 YE
    Gross Profit: $2,021,750
    NET: $193,761

    2 advances:
    81k balance at 540 daily
    90k balance at 516 daily
    NO NSFs
    NO REAL ESTATE
    Looking to refinance both into 1 payment or refinance the 2nd with additional cash.
    ANy direct funders?
    I LOVE IT service and staffing companies. Would they consider factoring? Kevin.Henry@SeacoastBF.com
    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: 54977
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    Dec 2013
    Posts
    4,713

    Cresthill/Mantis has funded many service related companies....I believe we are the top when it comes to insurance or service related companies. (HOME BASED MERCHANT FRIENDLY!)
    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

  6. #6
    Please call me i'd like to discuss a potential relationship! Thanks Nathan@empirefunding.com

    EMPIRE FUNDING (KASH KAPITAL)
    1022 AVE M BROOKLYN NY
    11230 646 930 4338
    nathan@empirefunding.com

  7. #7
    Those are some gorgeous numbers.
    I can help on refinancing both.
    PM me

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