Need a Funder or Vendor? START HERE

Results 1 to 14 of 14
  1. #1

    Wholesaler doing $80k a month

    "A" quality merchant (credit above 680, in biz 8+ years) doing $50-$80k per month, but is looking for ~$100k.

    Offers received up to mid $40,000s.

    Recommendations for any lenders that can fund?

  2. #2
    Veteran Reputation points: 157541 J.Celifarco's Avatar
    Join Date
    Oct 2012
    Location
    New York
    Posts
    2,504

    if credit is as strong as you say and the balances in the bank are good then 40k seems a little low. That said, I dont think you will get to 100k. If you figure 70k gross sales, then on a 100k loan over 12 months, the payments would work out to be about 16% of gross depending on the factor rate... Banks in this space are not going to have a 16% gross reserve over 12 months, especially to a wholesaler which works on a lower profit margin

    If the balances are good and the credit is what you say then 60k-70k would probably be the max you can find if you can get a 12 month approval

  3. #3
    Member Reputation points: 10 Finance Master's Avatar
    Join Date
    Oct 2014
    Location
    New York City
    Posts
    8

    Send Me the file i can get that for you no problem Message me and we can speak i fund all types of loans low rates.4-6 POINTS PAID ON FUNDED AMOUNT .
    Quick Funding Group
    Lawrence Beigelman
    Vice President Of Operations
    Main- 718-314-0774
    Fax - 718-559-4831
    Email-Lbeigelman@Rocfundinggroup.com

  4. #4
    Veteran Reputation points: 157541 J.Celifarco's Avatar
    Join Date
    Oct 2012
    Location
    New York
    Posts
    2,504

    and we have another gmail address.. Seriously how can you be taken seriously with the email address financemaster22@gmail.com

  5. #5
    Member Reputation points: 10 Finance Master's Avatar
    Join Date
    Oct 2014
    Location
    New York City
    Posts
    8

    Send Me the file i can get that for you no problem Message me and we can speak i fund all types of loans low rates.4-6 POINTS PAID ON FUNDED AMOUNT .
    Quick Funding Group
    Lawrence Beigelman
    Vice President Of Operations
    Main- 718-314-0774
    Fax - 718-559-4831
    Email-Lbeigelman@Rocfundinggroup.com

  6. #6
    Member Reputation points: 10 Finance Master's Avatar
    Join Date
    Oct 2014
    Location
    New York City
    Posts
    8

    Listen J-Celifarco Send me loans and ill show you what i can do. Dont bash others if you dont know what they are capable of doing.This is my private work email .
    Quick Funding Group
    Lawrence Beigelman
    Vice President Of Operations
    Main- 718-314-0774
    Fax - 718-559-4831
    Email-Lbeigelman@Rocfundinggroup.com

  7. #7
    Member Reputation points: 10 Finance Master's Avatar
    Join Date
    Oct 2014
    Location
    New York City
    Posts
    8

    You have nothing better to do then bash others cause i have a gmail account . What does a email have to do with funding loans.
    Quick Funding Group
    Lawrence Beigelman
    Vice President Of Operations
    Main- 718-314-0774
    Fax - 718-559-4831
    Email-Lbeigelman@Rocfundinggroup.com

  8. #8
    Administrator Reputation points: 55342 admin's Avatar
    Join Date
    Jul 2012
    Posts
    632

    Quote Originally Posted by Finance Master View Post
    Listen J-Celifarco Send me loans and ill show you what i can do. Dont bash others if you dont know what they are capable of doing.This is my private work email .
    Hi Lawrence,

    Please bear in mind that the forum administration has been encouraging its members to use a commercial email address when soliciting business. We believe this will improve transparency and legitimacy.

    Hope that helps for future postings.

  9. #9
    Senior Member Reputation points: 16735
    Join Date
    Jul 2013
    Posts
    350

    Quote Originally Posted by Finance Master View Post
    You have nothing better to do then bash others cause i have a gmail account . What does a email have to do with funding loans.
    RoC Funding did't give you an email address?

    If I was a merchant reading this forum and I saw all this send me the file ... send me the file .... I wouldn't want to send my paperwork to anyone either

  10. #10
    Veteran Reputation points: 157541 J.Celifarco's Avatar
    Join Date
    Oct 2012
    Location
    New York
    Posts
    2,504

    you went to the trouble of making that nice signature for the bottom of your posts. In the time it took you to make that you could have gotten a professional email address.... and no I wont send you any deals.

    To answer you question it has to do with professionalism and credibility. Not bashing being honest, a gmail address makes me think you have no credibility and I promise you I am not the only one on this site who thinks that. If you want to be taken seriously then get yourself setup like a serious business.

  11. #11
    Senior Member Reputation points: 11553 Eagle Funding's Avatar
    Join Date
    Oct 2014
    Location
    New York
    Posts
    385

    Wholesaler doing $80k a month

    I can get this merchant 60-80k if what you're saying is true email me allen@mcamerchant.com
    Eagle Funding Group
    Phone: (646) 793-6809
    Email: info@eaglefundinggroup.net
    Web: www.eaglefundinggroup.net

  12. #12
    Member Reputation points: 79
    Join Date
    Oct 2014
    Location
    New York
    Posts
    50

    Hello Channin19, here you go my email address with a corp account. The bottom-line this will improve transparency and legitimacy for everyone on DF board plain simple

    Joseph Patterson
    Sr. Vice President/Business Development Executive
    Main 855-676-6687
    Fax 718-989-9204
    Direct 718-395-9007
    Cell 718-440-5937
    Email jpatterson@rocfundinggroup.com

  13. #13
    Banned Reputation points: 4530
    Join Date
    Mar 2014
    Location
    Ann Arbor, Michigan
    Posts
    1,289

    If the company's net cash flow is over $30,000 he should qualify for 100K with our program.
    Bob Shaw
    734.929.3800

  14. #14
    Hello, if you still need a home for this one, please get in contact with me.
    Erin Dreselly

    World Business Lenders
    81 Market Sq., Suite 7
    Newington, CT 06111

    Direct: 860-549-2419
    Cell: 860-692-4636
    Fax: 860-499-5413
    Email: edreselly@wbl.com
    Web: www.wbl.com

Similar Threads

  1. Replies: 1
    Last Post: 08-20-2014, 04:10 PM
  2. Merchant just bought business. 45k/month 25k/month processing
    By jec1521 in forum Merchant Cash Advance
    Replies: 2
    Last Post: 04-10-2014, 02:35 PM
  3. Month to Month Lease
    By skideeppow in forum Merchant Cash Advance
    Replies: 8
    Last Post: 12-04-2013, 07:18 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

BoA launches business loan marketplace
Quickbooks adds new LOC product
Dext Capital upsizes corp note


DIRECTORY