Can anyone fund this merchant?

**thecloser** · 12-19-2014, 03:47 PM

I have a merchant who currently has 3 or 4 cash advances out and is paying 8500.00 daily. He has never missed a payment, boasts a 700+ credit score has great revenues. He wants to consolidate and pay off all existing advances and have extra cash on hand. He is looking for 150,000.00, 86,000 to pay off existing advances and 64,000 to help him moving forward. Can or will anyone help me get him funded. Thanks

**Zach** · 12-19-2014, 03:48 PM

$8,500 daily. Holy cow.

**Chambo** · 12-19-2014, 03:53 PM

the only company I have heard who would even entertain something like this is Rapid

**DF.SamsonFunding** · 12-19-2014, 03:56 PM

We just funded a deal paying off 300k on 2 positions. Merchant also had 700+ credit. If you would like to speak further about this deal please contact me.

Office: 347-6825727
Email: daniel@samsonpartnersllc.com

**1StopFunding** · 12-19-2014, 04:01 PM

Call Stephen at fundmypayroll.com. They have a multi advance restructure program

**thecloser** · 12-19-2014, 04:33 PM

Thanks guy's. I was wrong with the 8500.00 daily payment, it is 850.00 which seems a lot better.

**WhoisKingsley** · 12-19-2014, 05:44 PM

That seems a lot better! Keep in mind the next two weeks are going to be crazy when getting something like this done.

A term loan would help instead of a cash advance- takes a little longer but is beneficial. Monthly payments and up to 5 year terms. PM Me let me know the TIB and industry, location, and annual.

**bdshaw** · 12-19-2014, 06:26 PM

Originally Posted by WhoisKingsley

That seems a lot better! Keep in mind the next two weeks are going to be crazy when getting something like this done.

A term loan would help instead of a cash advance- takes a little longer but is beneficial. Monthly payments and up to 5 year terms. PM Me let me know the TIB and industry, location, and annual.

Hi Amanda- what do you know about Sampson Partners?
Thanks, Bob

**AMERICApital1** · 12-21-2014, 03:49 PM

with a 700 credit score he can get a credit line up to 150k a true bank product...no upfront fees and 13 percent. however he can use the credit line to pay the 13 percent. interest free for 10 months. pm me if you want more details.

**golf2014** · 12-21-2014, 10:28 PM

There is a huge difference between someone having 2 advances and someone having 3 or4. Maybe just maybe..this business plan isn't working...is he in business to take loans/advances?? The issue here is he is showing how he always need money and a company will not grab to pay off other advances and give him more..unless everything is perfect. If everything was perfect such as bank statements and such..he wouldn't need another advance.

**CreditGuy** · 12-22-2014, 10:34 AM

Can anyone? Sure. Should they? No.

**mcaguru** · 12-22-2014, 10:40 AM

Send file to Cresthill Capital...

If we feel there is a daily balance to collect from will probably make an offer. and may the highest commissions and same on renewals.

http://cresthillcapital.com/index.html#iso

**Erin Dreselly** · 12-30-2014, 10:42 PM

If this merchant still needs a home please contact me. We would love to talk to you about your merchant please contact me edreselly@wbl.com

**MCNetwork** · 12-31-2014, 09:27 AM

Looks like an expensive game of musical chairs. I don't want to be the lender that's left holding the bag...

**RichardGerard** · 12-31-2014, 09:53 AM

The Strong FICO helps, and while there are term solutions available, AND Bank Lines of Credit, the whole situation needs to be analyzed. They may qualify for a 7-10 year solution at 6%. They may qualify for a revolving interest only vessel prime plus 2.

P and L, Balance Sheet, 13 personal and business, and 3 banks should be enough to determine which way to go..

Feel free to touch base.. Richard 516 510 3855 or rg@businesscapitalconsultants.com

**omoibadan** · 01-02-2015, 11:06 PM

Credit of 700+ is Good. If this merchant can also back it up with 6 months of bank statements, then email me at infoprojefina@gmail.com
We can put him through intermediary lenders that can help him with consolidation. Ask for Mr Quarcoo
Project Finance LLC
www.Projefina.com
Office : 888 408 9777
Cell : 609 816 9092

**GETCASHNOW** · 01-07-2015, 12:12 PM

My name is Robert Glass from Premium merchant funding. We do all kinds of cash advance providing working capital for all kinds of business's in need of immediate next day cash for whatever reason whether being for business growth or pay off some bills up to $2,000,000 based on your past 4 bank statements. Please give me a call and we can discuss further.

Premium Merchant Funding
40 Wall St
Robert Glass
RGLASS@PREMIUMMERCHANTFUNDING.COM
Office- 315 215 1374
Cell- 347 447 1790

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