Results 1 to 8 of 8
Hybrid View
-
05-16-2017, 10:26 AM #1Senior Member
Reputation points: 68233
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
SMH... Client doing $13M per year. In an industry that has payer issues (GC's pay when paid, milestones, credit insurance challenges etc.).
Rather than just looking to leverage receivables (which will cost approximately 3% per 30 days or 36%+), and/or arrange a long term advance (alleging the client is trending to a $1.5M net profit), shouldn't we understand the collateral (not just Real Estate), and earnings before suggesting a possible solution?
Fact is that maybe the aforementioned suggestions will be spot on, however the details will drive the file where it needs to go.Last edited by RichardGerard; 05-16-2017 at 11:09 AM. Reason: punctuation
Reply With QuoteSimilar Threads
-
Looking to consolidate cleaning company
By georgieboy495 in forum Deal BinReplies: 9Last Post: 07-18-2016, 09:40 AM -
Construction Company needs 12 month deal
By randyw in forum Deal BinReplies: 6Last Post: 07-16-2016, 04:58 PM -
Construction Company Needs 65K ASAP Monthly or Weekly Payments Avg 8 Neg. Days/month
By Fundyman in forum Deal BinReplies: 3Last Post: 06-23-2015, 02:23 PM -
construction company 1 month no deposits
By omegafund in forum Deal BinReplies: 5Last Post: 06-05-2015, 06:20 PM -
Construction Company doing 830k per month
By aredmond in forum Deal BinReplies: 2Last Post: 05-05-2015, 04:39 PM
