Results 1 to 13 of 13
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07-06-2023, 10:37 AM #1
- Join Date
- Jun 2023
- Posts
- 2
Garage Door Service Looking for 5 to 20K
Have a garage door service business - established in 2012 - revenue upto 900k, had some decline due to changes in staff and managment - currently around 25k per month rev since jan - looking for cash to advertise and boost fill job capacity to grow. D&B great credit rating, owner personal credit limited and not so great.
please contact me if you can help me out. you can email art@ontracgaragedoors.com
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07-06-2023, 10:50 AM #2
- Join Date
- Jun 2023
- Posts
- 2
Looking to work direct with funder and skip broker fees.
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07-06-2023, 02:02 PM #3
- Join Date
- Feb 2017
- Posts
- 3,416
Art, take a look at my website, abfunders.com, at my video why you may want a loan broker
https://youtu.be/CyQ4XCk72YQ
Keep in mind that funders in-house have employees on the sales side and while they may try to compete with the brokers, because they're "DIRECT" they will claim that they'll give you the best deal.... but that's just being a broker in disguise and you'll probably end up with the same rates. As long as the brokers don't charge you any sort of "PSF" or fee agreement, and you can easily go elsewhere without the fee agreement, but you won't save much on the rates unless you put brokers up against each other and make them compete for your business.
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07-06-2023, 02:20 PM #4
- Join Date
- Aug 2020
- Posts
- 1
Where is the garage door service located? Do they have any MCA history?
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07-06-2023, 02:33 PM #5
If you qualify for a MCA (merchant cash advance) loan, the lender pays the broker and the broker can shop lenders for the best deal. You are misguided in your request there.
If your Fico is below 700 you won't qualify for a personal loan.
If you own your trucks you can get a loan against your equipment - usually 3 - 5 years at around 19%.
If you own any investment property or commercial property you can get a hard money loan at around 12% interest only.Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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07-06-2023, 03:17 PM #6
- Join Date
- Aug 2018
- Posts
- 759
If you work with a lender the sales agent there will still put fees into the rate to make money. Find a reputable broker I suggest calling John celifarco on this forum as he is experienced. Westcoast is also a good resource.
As is Micah.
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07-06-2023, 03:54 PM #7
I'm interested in getting my garage door replaced but I don't wanna pay for labor, I'm only paying for parts. Let me know if you're able to help me.
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07-06-2023, 06:33 PM #8
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,946
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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07-07-2023, 11:44 AM #9
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,481
If the poster stated that they wish to work directly with sources of capital and not brokers, why even bother to respond.
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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07-07-2023, 01:35 PM #10
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,946
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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07-07-2023, 01:53 PM #11
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,481
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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07-07-2023, 02:12 PM #12
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,946
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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07-07-2023, 03:26 PM #13
I'm sure all the executives at the "direct funders" are just sitting there monitoring the forums and emailing this guy begging for his application, meanwhile his business is crumbling but he won't pay anyone a "fee" to help save it.
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