Results 1 to 3 of 3
-
05-10-2017, 12:49 PM #1
- Join Date
- Apr 2015
- Location
- Morristown, NJ
- Posts
- 100
Auto Mechanic w/ MCA Balance Needing More Traditional Financing
Hi,
I have an auto mechanic I have worked with for a few years now. Merchant has a 105k MCA balance, does between 90-150k/mo via CCs, has excessive NSFs so a stack position isnt an option. Merchant needs more traditional financing to bridge a gap right now. Looking for 20-50k. I am not sure what route to go here, as most of my experience is MCAs and real estate-based financing. Merchant is open to a line, equipment financing, or any other products that might be possible here.---------------------------------------------------------
Rich McKellar
www.linkedin.com/in/richardmckellar
-
05-10-2017, 01:28 PM #2
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,950
Sent you an email
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
-
05-10-2017, 02:31 PM #3
- Join Date
- Nov 2014
- Posts
- 438
LoanMe could be a good fit here. Give us a call.
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
Similar Threads
-
MCA, traditional business loans, debt financing
By ryan1046 in forum Financial ServicesReplies: 0Last Post: 04-11-2016, 04:56 PM -
Seeking businesses needing financing
By Zedaya Ngoma in forum PromotionsReplies: 2Last Post: 12-21-2015, 07:11 PM -
Overview of projects needing financing:
By PBIGF1981 in forum Deal BinReplies: 4Last Post: 10-29-2015, 04:05 PM -
What is the difference between a traditional and alternative method of financing?
By bdshaw in forum Business LoansReplies: 0Last Post: 10-07-2014, 09:20 AM -
Have 18k balance needing to be bought out on 2 mil per year gas station
By danra in forum Deal BinReplies: 7Last Post: 07-03-2014, 04:25 PM