Quote Originally Posted by Bostonbroker View Post
Greetings. I am new to this forum. We specialize in equipment financing (broker). I have a very good customer of mine. Trucking and construction services. 690 fico. 12 years TIB. Owes about 45k to ondeck and about 65k to credibly. Wants to consolidate. Wants better cashflow. He will take more money, but doesnt have to. Deposits about 250k a month. Looking for 15+ months with a low buyrate. Any help is appreciated. Thank you.
In theory, you could go to one of the big A paper players and hopefully qualify for $230,000 to meet the net qualifications. But with industry risk the chances of that happening are so incredibly slim.

Is there any reason he’s not factoring? Seems like he should have the invoices to buyout those MCAs.

Also, ask Marcus if Cresthill is A brokerage.