Results 1 to 15 of 15
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05-05-2017, 10:03 AM #1
- Join Date
- Jul 2016
- Posts
- 6
$150K to $200K in monthly revenue... 3 months operating history, who can do it?
Who does companies with 3 months operating history? The company was bought out in February and the new owner wants some bridge funding. They have revenue of about 150K to 200K per month. Which direct funders can fund a deal like this?
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05-05-2017, 10:15 AM #2
- Join Date
- Mar 2016
- Posts
- 335
Detials will help. What type of business and who are their customers? If you can't get them an MCA, try looking at different alternatives like invoice factoring.
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05-05-2017, 10:23 AM #3
- Join Date
- Feb 2017
- Posts
- 20
LoanMe only requires (2) months in business.
LoanMe, Inc
949-535-7798
Email: Business.Loans@LoanMe.com
1900 S State College Blvd. Suite 300
Anaheim, CA 92806 www.loanme.com
www.loanme.com/SBL-partner
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05-05-2017, 10:27 AM #4
- Join Date
- Jun 2016
- Posts
- 68
Hi all we require is three months of bank statements. I would like to take a look at this please call me. Nathan@Kashcapitalllc.com
KASH CAPITAL
646 930 4338
Nathan@Kashcapitalllc.com
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05-05-2017, 10:30 AM #5
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05-05-2017, 10:43 AM #6
- Join Date
- Aug 2016
- Posts
- 831
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05-05-2017, 11:07 AM #7
- Join Date
- Jun 2016
- Posts
- 68
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05-05-2017, 11:11 AM #8
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05-05-2017, 11:40 AM #9
- Join Date
- Jan 2014
- Posts
- 1,380
Let me handle your B-D paper. Please call me (646 930 4338)
Nathan@empirefunding.com
EMPIRE FUNDING (KASH KAPITAL)
1022 AVE M BROOKLYN NY 11230
646 930 4338
nathan@empirefunding.com
this is your contact you posted and commented on last month where Empire got slayed for saying they are direct lenders, and their website says they are brokers...so are you saying that is not you?
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05-05-2017, 11:57 AM #10
- Join Date
- Jun 2016
- Posts
- 68
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05-05-2017, 12:21 PM #11
- Join Date
- Oct 2016
- Posts
- 4,318
You mean you broker and syndicate as such, right?
I've seen so many explanations from you guys. Once, you guys say that your brokers but you directly next to some funders. Other times you have said that your brokers but you have funders that are in the office next door.
Why did you change from Empire? It was because that operation was notorious trash. Otherwise you wouldn't have needed to rebrand.
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05-05-2017, 01:33 PM #12
- Join Date
- Mar 2016
- Posts
- 657
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05-05-2017, 01:33 PM #13
- Join Date
- Nov 2014
- Posts
- 438
Right up our ally. Give us a call. LoanMe's term loan product is perfect for this type bridge funding. Having the term loan amortized over a 2-10 year term, gives the business a much lower and more affordable minimum monthly payment. They can pay off early without penalty; controlling their total cost of capital.
LoanMe Business
949-535-7798
Email: Business.Loans@LoanMe.com
www.loanme.com/SBL-partner
1900 S State College Blvd. Suite 300
Anaheim, CA 92806
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05-07-2017, 01:36 PM #14
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
I agree with Ted Fundy in that if you present a deal with only bank revenue or balances you limit yourself to the Advance marketplace. If you add in the type of business you may get responses from factors like Ted and us.
In this case I can't see any funder than a factor advancing them anything significant. If they are issuing 150K monthly to creditworthy customers or 300 or 400K in equipment. I would either repost or contact Fred or I.
NOTE TO ISO's. By not exploring alternative forms of financing you are missing out on a portion of your gross revenue and bottom line.
Bob Shaw
rshaw@ironhorsecredit.com
734-929-3800
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09-28-2017, 03:18 PM #15
Power Funding can assist with all of your funding needs! A-C Paper, 1-5 positions, $10k min. monthly revenue, all industries considered!
We pay up to 17 points, our buy rates start as low as 1.07, and our terms extend up to 15 months!
Call me and lets get some deals funded!
Thank you,
Allison OBrien
Director of ISO Relations
Office: 215 - 613 - 2966
Toll Free: 855 - 809 - 5371
Mobile: 215 - 678 - 6650
Fax: 347 - 745 - 3393
Email: allisono@powerfunding.com
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