Activity Stream
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Older Activity
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Yesterday, 10:29 PMHave you or you client looked into alternative sources of funding instead of another MCA position which really isn't in the long term best interests for your client?
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Yesterday, 08:30 PMWhat were the terms, funders, factors, and dollar amounts, and which funders?
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Yesterday, 08:05 PMPros of this client: A credit personal B+ Credit Business 7MM GAS 236220 Commercial and Institutional Building Construction Current Positions: 1. 135k 2. 105K Cons: He won't work with any MCA lender/funder east of the Colorado River (weird, I know) Had a default five years ago that was paid in full within 5-6 weeks. Request: He wants either 250K over 12 to pay for the smaller position or 3rd 150K over 12. Tough I am aware. The client is also a good friend and golfing buddy, so he won't speak with any lender or funder until there is approval of 12 months. If interested please me your information. Hope everyone has a good 4th of July
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Yesterday, 07:44 PMbelongs in promotions, bro....and check the posting requirements there
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Yesterday, 05:23 PMIt is owner occupied but im looking for a lender, not looking to co-broker or superbroker this file. Basically looking for a company similar to WBL with better rates
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Yesterday, 04:16 PMIs it owner occupied or not....if not, I can do NoDoc and not need income and operating expenses. That's only for DSCR. I can beat those MCA guys all day long. Figure close to 1% a month interest only payment fixed for 10 years.
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Yesterday, 03:33 PMAnyone have any previous experience with these guys? Are they a reputable funder? Thinking about expanding our box. Thanks
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Yesterday, 03:30 PMReach out....Elon or I can probably do something with it....need loan app, banks, P & L and balance sheet, tax return, copies of PO's, schedule of liabilities, etc.
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Yesterday, 03:29 PMOne of my clients wants to pay off his $40k credit card debt through debt settlement. I'm not sure if anyone would be willing to do that. Does anyone know about this?
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Yesterday, 02:50 PMLYC replied to a thread Can anyone assist with funding a previous default - good 2024 banks in Merchant Cash AdvanceProblem is there are 2 other funders with 60 day deals already in there along with RAM. Threw this one away a couple days ago...
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Yesterday, 02:48 PMget her an advance against the purchase order? or do you mean finance the purchase order?
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Yesterday, 02:24 PMShorebird replied to a thread Can anyone assist with funding a previous default - good 2024 banks in Merchant Cash AdvanceI think LCF may do this, I know they will fund behind RAM.
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Yesterday, 02:16 PMClient has a 715k purchase order and is looking to ger an advance on it. It is one of the largest cement companies. Needs funds asap.
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Yesterday, 01:52 PMResidential property, A paper file, Didn't show positive revenue on taxes.
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Yesterday, 01:08 PMMight be tough because it's construction related and small. Try King Trade Capital.
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Yesterday, 12:56 PMFundKite replied to a thread REALTIME Reconciliations with FundKite - How we do it. in Merchant Cash Advanceso far crickets
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Yesterday, 12:55 PMFundKite replied to a thread REALTIME Reconciliations with FundKite - How we do it. in Merchant Cash AdvanceAmen!!!
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Yesterday, 12:54 PMFundKite replied to a thread REALTIME Reconciliations with FundKite - How we do it. in Merchant Cash AdvanceThat is a really good question! And this does happen. Merchant divert funds to avoid making payments and lower their sales we reconcile. We monitor this and have protocols in place to catch this. Once we do this is considered a breach/default and we persue immediate legal action.
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Yesterday, 12:43 PMClient is looking to get and 30-40% advance on their 700k purchase order. It is a concrete company.
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Yesterday, 12:38 PMAMG914 replied to a thread Can anyone assist with funding a previous default - good 2024 banks in Merchant Cash AdvanceSend me your contact info please.
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Yesterday, 12:25 PMNeedmoreISOS replied to a thread Can anyone assist with funding a previous default - good 2024 banks in Merchant Cash AdvanceI will pass on this one at this time. Once everything is complete we can revisit. Do you have any other files with offers? I am looking to fund competing offers.
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Yesterday, 12:24 PMridextreme replied to a thread Can anyone assist with funding a previous default - good 2024 banks in Merchant Cash AdvanceBeing current with a third party "debt plan" and being current with the funders he defaulted on are two different things.
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Yesterday, 12:15 PMAMG914 replied to a thread Can anyone assist with funding a previous default - good 2024 banks in Merchant Cash AdvanceThey are currently still paying on it and it's current.
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Yesterday, 12:14 PMNeedmoreISOS replied to a thread Can anyone assist with funding a previous default - good 2024 banks in Merchant Cash AdvanceIf the Debt plan is paid in full? I would like to get eyes on the file, please confirm.
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Yesterday, 12:13 PMDo the properties cash flow? Is it resi or commercial properties? I can assist in a DSCR ratio or no ratio 680 credit + needed.
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Yesterday, 12:04 PMMichael I replied to a thread REALTIME Reconciliations with FundKite - How we do it. in Merchant Cash Advancehttps://dailyfunder.com/showthread.php/25617-fundkite
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Yesterday, 12:00 PMAMG914 replied to a thread Can anyone assist with funding a previous default - good 2024 banks in Merchant Cash AdvanceThe default was consolidated into a debt plan. The company builds metal structures / general contractors.
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Yesterday, 11:58 AMNeedmoreISOS replied to a thread Can anyone assist with funding a previous default - good 2024 banks in Merchant Cash AdvanceWhat's the nature of the business here. (Industry) also the default matter was it resolved?
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Yesterday, 11:34 AMAMG914 started a thread Can anyone assist with funding a previous default - good 2024 banks in Merchant Cash AdvanceHave a file for a client that previously consolidated an MCA. Banks are solid for 2024 with good deposits. They are looking for smaller MCA/funding. Let me know if you can help on this one.