Recent Transactions

Telecommunications

Amount Funded:
$600,000.00
Deal Terms:
15 months with a 6 month pre-payment option
Collateral:
3rd position behind a $3.9MM construction loan and a $400k private second.
Revenue:
$497,000 per month
Credit:
719
In Business:
3 years
Details:
Proceeds were used to replenish business capital.

Trucking

Amount Funded:
$150,000
Deal Terms:
15 months
Collateral:
Second position on a residential property
Revenue:
$150,000 per month
Credit:
Mid 500's
In Business:
3 years
Details:
Business owner had four open cash advances requiring daily payments of $2,499. We paid off all prior lenders and lowered the daily payment to $733!!

Wholesaler

Amount Funded:
$250,000.00
Deal Terms:
12 months with 6 month pre-pay discount
Collateral:
Second position on an industrial property
Revenue:
$264,000 per month
Credit:
673
In Business:
12 years
Details:
Proceeds were used to consolidate seven open Merchant Cash Advance balances.