[SUPERIORFUNDING]

I have dealt with this merchant in the past and funded about 800k total. I was doing my "courtesy" calls and I just received this in a email....

"we will only consider unsecured loans (no UCC filings at any time) in an amount of $1-20 Million or more with reasonable interest. We have a strong $13 Million line of credit now with our bank, at 7% interest, so we’re not interested in spending time looking at anything secured, small or at high interest. Let me know if you have anything that fits our wheel house"

CAN ANYONE HELP ME WITH THIS MERCHANT... I NEED TO KEEP HIM HAPPY...THANKS IN ADVANCE

Energy industry
Great financials

[FUNd]

LOL. 13MM line at 7%, great financials (which must have healthy cash flow and low debt to be considered 'great'), and he's spending time firing off emails like this why?

[SUPERIORFUNDING]

As I said before...I have funded him in the past. The email was in response to a "Courtesy" call/email which I do periodically.

[FUNd]

As I said before...I have funded him in the past. The email was in response to a "Courtesy" call/email which I do periodically.

I got that part. What was the rate you funded him at? How much? When? What was his credit situation like? Why wouldn't he be willing to do another round with you? Are the previous terms you funded him on still available? Seems like he has a lot of money available at a very low rate through his bank and he's just being a confrontational smart ass with an email like that. Just my opinion based on experience.

[omegafund]

15%, but sounds like a shopper that will end up staying at the bank

[Zach]

Sometimes merchants grow out of the MCA space. Once they're bankable, they don't need us (unless there is some unique opportunity that requires fast capital).

[anydealfunded]

I can get unsecured financing as low as 1.10 depending on the merchants industry. I work with direct lenders that handle risky files. Please call me on my cell 774-208-8118 or email me at henry@mcamerchant.com