CONTRACTOR 3 months in business
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  1. #1
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    CONTRACTOR 3 months in business

    feb $49,180
    march $121,800
    april $17,762

    any direct lenders would look at this ?

  2. #2
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    Buddy,

    Check your PM's. You keep posting about construction which is what we do.

  3. #3
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    Yellowstone

  4. #4
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    Quote Originally Posted by TedFundy View Post
    Buddy,

    Check your PM's. You keep posting about construction which is what we do.
    didn't even know i get PM's...this is alot easier that calling 100 lenders ..

  5. #5
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    Quote Originally Posted by shieldfunding View Post
    didn't even know i get PM's...this is alot easier that calling 100 lenders ..
    Are you not currently signed up with Funders who handle these kind of files? Or you're looking to throw some meat in the air and see who bites?

  6. #6
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    Quote Originally Posted by NoBigDeal View Post
    Are you not currently signed up with Funders who handle these kind of files? Or you're looking to throw some meat in the air and see who bites?
    apparently not .. or i would be sending them there :-)

  7. #7
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    Quote Originally Posted by shieldfunding View Post
    apparently not .. or i would be sending them there :-)
    and i mean funders who really actually would fund 3 months in business and not just say and than decline because ... ONLY 3 MONTHS IN BUSINESS.. I FIGURE 2 MORE DAYS OF THIS AND ILL HAVE EVERY FUNDING CONNECTION I NEED

  8. #8
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    Quote Originally Posted by shieldfunding View Post
    and i mean funders who really actually would fund 3 months in business and not just say and than decline because ... ONLY 3 MONTHS IN BUSINESS.. I FIGURE 2 MORE DAYS OF THIS AND ILL HAVE EVERY FUNDING CONNECTION I NEED
    Most "chop shop" funders would consider a merchant who's only been around for 3 months

  9. #9
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    Yellowstone...no miracles here op...my esteemed colleagues would agree.

  10. #10
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    Yup, and it's definitely good to see that when I come across a file like this. That I'm not the only person who's first thought that pops in their head is Yellowstone..... especially if you don't want to waste any time and get it done

  11. #11
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    SF. For what it's worth I belhave factoring is your clients answer. You can always put an advance on top of that once they have a few more months under their belt.
    I,highly recommend Tedfundy.....
    Bob Shad
    734-929-3800
    Rshaw@ironhorsecredit.com

  12. #12
    LoanMe can work with businesses as young as 2 months.
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  13. #13
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    Mantis will work with a file 10 weeks in business. Actually we like newly start-up businesses so long as they have revenues...(for those taking notes First year in business can perform better then 2nd year in business!! )..... to those who head risk you know what im saying
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
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    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

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