High Revenue Low Deposit Frequency in May
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  1. #1

    High Revenue Low Deposit Frequency in May

    Have a Client that is in Home Health and has a revenue of $200K+ and never had an MCA. The only issue is he has 1-2 deposits totaling $115K this month. What MCA Lender will do this deal?

  2. #2
    Senior Member Reputation points: 68259 Olderguy's Avatar
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    Is it New Hope Homecare?
    Last edited by Olderguy; 05-27-2023 at 07:56 PM.
    Steve Benjamin
    Professional Business Loans

    1012 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.

  3. #3
    No it is not.

  4. #4
    Senior Member Reputation points: 68259 Olderguy's Avatar
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    Try CFG
    Steve Benjamin
    Professional Business Loans

    1012 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.

  5. #5
    To make sure I am reaching out to the correct CFG can you provide the website? Thanks.

  6. #6
    Senior Member Reputation points: 68259 Olderguy's Avatar
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    James Mendelsohn​
    JMendelsohn@CFGMS.com
    D: 703-712-7747
    M: (703) 328-3698
    180 Maiden Lane
    15th Floor
    New York, NY 10038
    www.cfgms.com
    Steve Benjamin
    Professional Business Loans

    1012 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.

  7. #7
    Senior Member Reputation points: 217975
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    Quote Originally Posted by Olderguy View Post
    James Mendelsohn​
    JMendelsohn@CFGMS.com
    D: 703-712-7747
    M: (703) 328-3698
    180 Maiden Lane
    15th Floor
    New York, NY 10038
    www.cfgms.com
    James hasn't worked at CFG for 2 years FYI. Try Lior, he's on the forum.
    Try Everest

  8. #8
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    Do your client have w2 employees

  9. #9
    Senior Member Reputation points: 68259 Olderguy's Avatar
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    Quote Originally Posted by abfunders View Post
    James hasn't worked at CFG for 2 years FYI. Try Lior, he's on the forum.
    Try Everest
    I have an email from him last February.

    I also have:
    Mike Ciprello​
    MCiprello@CFGMS.com
    D: 646-880-3826
    F: 646‑278‑7322
    Steve Benjamin
    Professional Business Loans

    1012 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.

  10. #10
    Senior Member Reputation points: 22201
    Join Date
    Dec 2021
    Posts
    631

    Capybara Capital has funded with minimal deposits ... its all about the story.
    Marcus Clapman
    Capybara Capital
    marcus@capybarausa.com
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

  11. #11
    If the reason makes sense we will fund this as long as there's current mca history.
    Uptown Iso Department
    ________________________________________
    Office | 732.994.2550
    iso@uptownfund.com | uptownfund.com

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