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  • Zonefund's Avatar
    Today, 05:34 PM
    Greenbox would give you the best deal
    3 replies | 167 view(s) | |
  • Zonefund's Avatar
    Yesterday, 06:19 PM
    Everyone that posted here other then tmrnow are brokers.
    9 replies | 577 view(s) | |
  • Zonefund's Avatar
    Yesterday, 04:29 PM
    This is a broker. Been in competition vs him. Different contracts (newco, tvt, are who he has full white labels with). Check the website. No address. One number. One person picks up the phone. Ive deduced this is ryan anderson from birchwood funding. Back to scam someone else out of $24,000 commision.
    13 replies | 1978 view(s) | |
  • brandon_'s Avatar
    Yesterday, 04:23 PM
    I think Pearl, or they did at one point. Worth a shot.
    3 replies | 167 view(s) | |
  • diditevenfund's Avatar
    Yesterday, 04:12 PM
    why does the BBB logo on your site not link to its profile?
    1 replies | 161 view(s) | |
  • moneypenny1's Avatar
    Yesterday, 04:00 PM
    we have lender we work with that can put out a good offer here if you want to co broker it.
    3 replies | 167 view(s) | |
  • diditevenfund's Avatar
    Yesterday, 03:47 PM
    BOSS BOSS THEY HAVE A POSITION WITH ELECTRA *something never heard on a floor before
    6 replies | 228 view(s) | |
  • Zapfunding's Avatar
    Yesterday, 03:21 PM
    What does max dollar amount matter when you dont fund …. So many deals with Electra payments … 🤣🤣
    6 replies | 228 view(s) | |
  • dailyfunderppt's Avatar
    Yesterday, 03:17 PM
    lolol
    6 replies | 228 view(s) | |
  • diditevenfund's Avatar
    Yesterday, 02:43 PM
    another day, another unknown funder, another move to promotions bro. happy friday
    6 replies | 228 view(s) | |
  • Olderguy's Avatar
    Yesterday, 02:23 PM
    As always..belongs in Promotions. Need physical address, name, phone.
    6 replies | 228 view(s) | |
  • simonwein12's Avatar
    Yesterday, 02:01 PM
    Waiting to see the responses
    6 replies | 228 view(s) | |
  • phunder's Avatar
    Yesterday, 01:48 PM
    Anyone fund 1st position auto sales in Cali? Phenomenal rev, very strong account balances, high FICO, good TIB, previous MCA history. Who would touch this?
    3 replies | 167 view(s)
  • Sam@electrafunding's Avatar
    Yesterday, 01:36 PM
    Good Day All, Electra Funding is now accepting new ISO's. We will fund it all - from A paper all the way down to Active defaults (Previous defaults are not an issue) Terms: B-D Paper up to 45 days. our ONLY requirement is = Minimum revenue for funding is 25k. We have no maximum dollar amount for funding. (our #1 goal is always highest dollar amount approvals) We fund 6-7 figure deals same day with no hiccups or delays. Lets start funding TODAY Send all submissions to Subs@Electrafunding.com Electra Funding 1-(516)-757-8601 Subs@Electrafunding.com https://www.electrafunding.com/
    6 replies | 228 view(s)
  • Business2122's Avatar
    Yesterday, 11:49 AM
    I can assist with proof of funds, email me if it’s still needed
    5 replies | 490 view(s) | |
  • Olderguy's Avatar
    Yesterday, 11:48 AM
    Olderguy replied to a thread new deal in Deal Bin
    Simon - I sent the file to her to review. But here's her information for others to know. Nancy Kalman| Senior Business Development Officer United Capital Funding, she is a bank. 401 North Michigan Ave, Suite 1200, Chicago, Illinois 60611 (312) 560-7600 - Cell NancyKalman@ucfunding.com
    1 replies | 100 view(s) | |
  • abfunders's Avatar
    Yesterday, 11:31 AM
    We don't really care about the advise of why they did something wrong, it was definitely a mistake and they'll pay a cash fine for their mistake (maybe) and interest on their taxes that are due. However, I don't want the deal to be damaged, and I'm trying to find a work around. I have not found the ability yet online to file an extension after March 15. I'm waiting on a few tax attorneys and accountants to get back to me/them still.
    5 replies | 285 view(s) | |
  • JustInCase's Avatar
    Yesterday, 11:18 AM
    Not filing a return or extension which shows you "intend" to file can lead to issues not needed by any business. The IRS allows for late filings, payments, etc. they just fee you up that is their business. But what they do not tolerate is "Failure" to file a return and "Tax Evasion" both criminal offenses. So it is always best to file vs push things off. Most businesses extend due to missing tax forms simply. Businesses need to estimate their tax obligation or loss when filing extension. Most people don't realize they are better being honest filing with IRS and owing money instead of avoidance. They put tax payers on payment plans. Recent news says they are putting audits at front line. Nothing I say is advice just things I have learned over time. Whether they fund with you or not they should get that done.
    5 replies | 285 view(s) | |
  • SimonFunds2025's Avatar
    Yesterday, 11:17 AM
    SimonFunds2025 started a thread new deal in Deal Bin
    printing company in PA has 200k in A/R ...need someone to do invoice financing or fund towards account receivables good banks need stack to 100k was previous default but took out WG loan and paid in full anthony@simonsaysfunding.com
    1 replies | 100 view(s)
  • JustInCase's Avatar
    Yesterday, 10:55 AM
    They can file extension through https://www.taxact.com/?sc=2004261149001c&kw=tax%20act&ad=kwd-298209343195&adid=695441189896&gad_source=1&gclid=CjwKCAjw9cCyBhBzEiwAJTUWNTzxIS5XOJX-1WX7MIU_47XSZSQAwF1xuvepKa6Uh3vPqtHTIqPPQxoCMS8QAvD_BwE&gclsrc=aw.ds Then can get you the extension proof once the IRS accepts their request. Pretty simple nothing shady about doing it late it is actually keeping it above board. Good luck.
    5 replies | 285 view(s) | |
  • JustInCase's Avatar
    Yesterday, 10:53 AM
    They can file an extension any time but will most likely get a small penalty. Better to file late than not at all either way penalty is the same. Not advice just something I have seen. If you do not file or extend the S corporation's return by the original due date, typically March 15 (unless another date due to holidays or weekend), it may owe a penalty.
    5 replies | 285 view(s) | |
  • Kevin Henry-Seacoast's Avatar
    Yesterday, 10:02 AM
    Best advise is referring to a good tax accounting attorney that knows their industry and is local. The prospect may get advise/help because of the attorney's local connections.
    5 replies | 285 view(s) | |
  • abfunders's Avatar
    Yesterday, 09:54 AM
    We have a lender who would like to give a merchant a loan, but they want the 2023 IRS xtension. They forgot to file for one! They're officially late (S Corp), and they were planning on filing in September, and they will just pay the fine rather than file it now, as it takes them 2 months to get everything together. What's the work-around? Can they get an extension if they were negligent in asking for one? They get the mulligan and get the fine removed if they ask nicely, but does anyone know if there's a solution here? I did put them in touch with an attorney, but maybe there's a simple fix that anyone here knows about?
    5 replies | 285 view(s)
  • diditevenfund's Avatar
    Yesterday, 09:46 AM
    This all day long.
    13 replies | 1978 view(s) | |
  • Olderguy's Avatar
    Yesterday, 09:35 AM
    Great suggestions: May I add that companies may know their products but most don't know how to run their business finances. Before you review and consider all these alternatives, you need a financial business plan and that's what missing with today's businesses. Business need a remote CFO to be an ongoing partner to guide them through their options. A remote CPA at $25 an hour is the best investment any company an secure. Then they aren't being pushed by some broker or another to take some financial product because it can get them quick money or make the most money for the broker which is the norm nowadays. Here: https://form.jotform.com/240650559658466 They will want to see the following: PLEASE MAKE SURE TO BRING THE FOLLOWING:: BOOKKEEPING/JOURNAL ENTRY SOFTWARE PAYROLL SOFTWARE BUSINESS CHECKING ACCOUNT(S) – VIEW ONLY BUSINESS CREDIT CARD(S) – VIEW ONLY PERSONAL CREDIT CARD(s) – VIEW ONLY Initial consultations are free. In addition, there are other funding options available to a new business that most brokers wouldn't normally have any awareness. Personal loans 80% of gross income with a monthly payment, 3+ years, great rates Business credit card - I got a trucker $69,000 doing $11,000 a month HELOC - home equity line of credit....go to a local credit union Asset based loan....Have a truck or other asset free and clear? Hard money real estate loan - investment property....1% a month interest only fixed for 10 years. As mentioned - SBA Micro Loan - up to $50,000
    10 replies | 508 view(s) | |
  • J.Celifarco's Avatar
    Yesterday, 08:53 AM
    PUBLIC SERVICE ANOUNCEMENT Anyone soliciting business on a post like this is who not to submit your files to
    13 replies | 1978 view(s) | |
  • Kevin Henry-Seacoast's Avatar
    Yesterday, 07:21 AM
    Hi Davis3003, There are a lot of non-bank finance companies that might be able to help a company that is fairly new. The key to finding the right partner for the prospect is understanding their need. Typically commercial cleaning businesses struggle with working capital which is probably the issue here. The largest expense and need for working capital is likely payroll which in most cases is weekly. They likely have contracts with customers and bill for either time and materials or a fee for services monthly. When they invoice the customer the terms are net 30 at best. That being said, the prospect is floating 8 weeks of payroll before they get paid by the customer. Since out of the gate they are billing $75K/Month they are off to a great start and probably have potential to grow. Here are some thoughts on products out there: -SBA- They are great, but do not revolve to cover the consistent need. SBA loans also don't grow with the customer's needs. If they obtain a small SBA loan, what are they going to do when the funds are exhausted AND they still have to meet payroll needs. -LOC-Most banks will not consider a LOC due to time in business. Some non-banks may offer a LOC, BUT that product does not revolve to keep pace with the constant working capital need UNLESS the business consistently pays the loan down when they get paid by customers. Paying down the loan usually does NOT happen. It is also a process to get an increase on the LOC as the company grows or the loan gets tapped. -Factoring-This might be the best tool for their needs. The facility revolves around the invoicing and payments. Most factors will quickly adjust the line limit as the AR grows. This prospect would be too small for us, but you might be able to find the right partner by researching the International Factoring Association's website. Most reputable factors are members. I would research factors that are local to the company AND may be bank owned. There are over 30 bank owned factoring companies in the US and usually are MUCH more cost effective than non-banks. TIB should not be an issue. -MCA The company's gross margins are likely less than 25%. That being said, can they really afford the MCA cost. Also, MCA is truly not revolving which may stifle the growth of the company. Just some thoughts....
    10 replies | 508 view(s) | |
  • Jason Sterling's Avatar
    05-23-2024, 05:38 PM
    We have been consistently funding credit card sales based MCA since 2005. Our product is far better for merchants as the remittance fluctuates with their sales. We don't double dip on renewals; meaning the merchant nets the full renewal amount instead of paying the existing balance from the renewal amount. We don't charge any origination fee or other junk fees. If you want to build a long term portfolio and care about your merchants Quikstone is an excellent choice.
    13 replies | 1978 view(s) | |
  • Griffinferro's Avatar
    05-23-2024, 03:54 PM
    credibly
    6 replies | 580 view(s) | |
  • Olderguy's Avatar
    05-23-2024, 03:52 PM
    SBA has a start up micro loan program up to $50,000 https://www.sba.gov/funding-programs/loans/microloans
    10 replies | 508 view(s) | |
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