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I have an online retailer doing 4.6mil a year in gross sales. Took 300k from someone, paying back 1.13. Balance is 190k. Looking to lower rate and take out another 100-150k.
i sent to credit cash. Anyone else might be interested in this? Obviously would not expect to make much in commission, maybe a point or two.
Let me know if there are any takers.
Or any suggestions.
If my math is right he will need to pay off another $65k or so before you will be able to roll him into a new first.
If he wants a 2nd I am sure you can get that done through YSC or Pearl or Capital Stack.
oh wow I just saw the rate.. that is a good factor. Who gave him that low of a factor to begin with?
That almost looks like someone took their buy rate and added 1 point or something. With him being an online guy I wouldn't know where to go to even touch that rate.
Come on, no one will take a peak?
State?
The factor rate looks like a credit cash type of Deal. Do you know if Swift will do online?
Looking for 2nd position and to beat a 1.13, my only guess there would be Wells Fargo or td bank ! Lol
UtahQuote:
Originally Posted by CpepeWBL
What type of customers? If it's B2B I have a partner who can offer competitive options with less paperwork then CC.
^^It is not b to b, it is b to c.
I just made a new contact that could possibly get this done.
If you want to call me on Monday I would be willing to split commission with you.
(813)403-1377
Ryan Deen