Post deals you can't place. Claim deals you can. Referral fees honored.
Created by Moneyline Editorial on March 10, 2024
Morning. QuickFund's box today: restaurants 6+ months TIB, $15K–$150K, 1st or 2nd position. Liens on a payment plan are fine. Send them.
Same-day cutoff is 11am ET.
GC with $4M in receivables and $300K need for equipment + bridge on payroll. This is a factoring + equipment combo, not an MCA. Anyone with a real ABL relationship?
Q4 inventory deal for a Shopify store — seasonal spike is real, 3 years of Nov/Dec deposits to back it. $50K ask.
Rapid is back in on law firms. The Chicago LOC file from Friday is still open if anyone has it.
Dental group opening location #3. 740 FICO, owner has strong personal liquidity. Better fit for a term product, but they want speed. Open to a co-broke.
Pearl will look at the GC combo if the receivables are under 60 days. Send the aging report.
Retainage excluded, obviously.
Trucking, 14 trucks, $1.1M annual. Federal tax lien on a payment plan — 9 months of on-time installments. Who's taking liens right now? Not wasting anyone's time with the usual suspects.
Food-truck fleet in LA — 3 trucks, 2 yrs TIB, owner at 690. First position is claimed, but they need a second for the equipment piece. Anyone?
Clean file, just outside my box. Brooklyn Italian spot, 11 years, $92K/mo avg deposits, one existing position paid down 70%. Paying 3 points to whoever places it.
@Brandon Hayes 1.31 accepted on the Brooklyn file. Payoff letter is in the thread.