Results 1 to 6 of 6
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12-07-2020, 11:04 AM #1
- Join Date
- Oct 2020
- Posts
- 28
Manufacturer seeking a consolidation with or without additional cash
Hello Friends,
I've got a client who needs a consolidation. He has been in business from 2014. did over 1 million last year. has 4 MCA loans totaling 55k. in November he earned and deposited 125k , 60k in October and 79k in September. Client has 2 prior defaults from different MCAs than the ones he currently owes, one happened back in in 2018 the other in 2019. both were satisfied. Is there anyone here that will work with this guy. His business is strong and he needs a consolidation. Please text me if you can do this deal. Im very busy so Id appreciate it if I dont get offers looking to sign me up if you cant do this specific deal. Thank you for your consideration.
Greg Cooper
Wall Street Corporate Finance
3475230827
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12-07-2020, 02:09 PM #2
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,924
I'm assuming you don't expect an offer posted on DF with so little information. We know the has merchant defaulted several times.
He was funded and stacked (so we know he doesn't read contracts) - he is getting buried with the current 4 MCA's and
wants someone to bail him out.
IF there was a Term Loan that would lend to this merchant, I expect the rate to be at least in the high teens based upon risk factor.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
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12-07-2020, 02:47 PM #3
- Join Date
- Oct 2020
- Posts
- 28
Thanks for the Information Dave.
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12-08-2020, 12:09 PM #4
- Join Date
- Sep 2019
- Posts
- 109
try loanme
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12-16-2020, 04:00 PM #5
- Join Date
- Oct 2020
- Posts
- 47
try fundamental
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01-06-2021, 09:27 PM #6
- Join Date
- Nov 2018
- Posts
- 17
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