[Davincinc]

I have a contractor company doing 2-4 deposits per month. Increasing revenue of 2m Ave per year. Filed 8m this year has 485k stacked looking for a consolidation solution and will not collateralize the house. Business building is on same plot of land and will not be ask. High fico, 5 nsf in the entire year.

Seeking to pay off 1 or all and net 125k
Bfs-101k was 200k
Pearl-125k was 150k renewed in jan.
Lg-65k
Inadvance-142k

Has 3 offers
-80k 7 month
-75k 6.5 months
-110k 4.5 months

needs to net 125k 6 months minimum, pending 2m in deposits the next two 1/2 weeks alone from contracts being invoiced for completion as I type.

Has pre approval for 1.5m on an Sba could go for 3m but doesn't want to over leverage. Direct lenders and previous contact input preferred.

PM me or txt
Steven
2102904102
Support@davincinc.com

[TedFundy]

Have you ever heard of Accounts Receivable financing?

SBA will most likely tag the properties.

[WestCoastFunding]

Hard to believe he'd have a SBA offer on the table with 4 cash advances. Seems like a broker told him he had an approval so he could charge fees.

[bdshaw]

Steven-----I would contact Ted Fundy. He may be able to clean you client's balance sheet and get him several hundred thousand in additional capital.
Bob Shaw
rshaw@ironhorsecredit.com
734-929-3800

[RichardGerard]

The Real Estate and the AR (if his clients are commercial) are his shot.. An SBA pre approval speaks only to cash flow and credit-

[TedFundy]

Steven-----I would contact Ted Fundy. He may be able to clean you client's balance sheet and get him several hundred thousand in additional capital.
Bob Shaw
rshaw@ironhorsecredit.com
734-929-3800

Thanks Bob.