Need a solid 5th position ... beauty supply/hair products industry / 150k month rev
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  1. 08-18-2017, 11:15 AM #1
    SirFundAlot
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    Need a solid 5th position ... beauty supply/hair products industry / 150k month rev

    Can anyone help here? or point me in the correct direction? Merchant hasnt missed any payments on any of the below advances...
    Merchant is looking for a 5th position....DETAILS LISTED BELOW....

    Merchant has 4 positions with details below....
    1st position owes 7k and pays $600 daily (pays off in 2 weeks or less)
    2nd position owes 30k and pays $750 daily
    3rd position owes 50k and pays $750 daily (funded July 2017)
    4th position owes 25k and pays $500 daily (funded July 2017)

    Merchant did....
    August - 190k in deposits // with ending balance at $12,500
    July - 167k in deposits // with ending balance at $19,000
    June - 107k in deposits // with ending balance at $14,500
    May - 145k in deposits // with ending balance at $7,000
    April - 160k in deposits // with ending balance at $35,000
    March - 176k in deposits // with ending balance at $21,000


    THANK YOU FUNDERS! Happy FUNDday!!!
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  2. 08-18-2017, 11:20 AM #2
    Funder Mark
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    When you wrote the July deposits, was that including the 3rd and 4th position that was funded? You may want to clarify
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  3. 08-18-2017, 11:28 AM #3
    MikeC524
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    Need a solid 5th position ... beauty supply/hair products industry / 150k month rev

    Looks like he has room for a 5th or partial consolidation . Please contact me if you need assistance .

    347-492-1801
    Mike@samsonfunding.com
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  4. 08-18-2017, 11:56 AM #4
    Joseph Esparza
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    [QUOTE=SirFundAlot;77334]Can anyone help here? or point me in the correct direction? Merchant hasnt missed any payments on any of the below advances...
    Merchant is looking for a 5th position....DETAILS LISTED BELOW....

    Merchant has 4 positions with details below....
    1st position owes 7k and pays $600 daily (pays off in 2 weeks or less)
    2nd position owes 30k and pays $750 daily
    3rd position owes 50k and pays $750 daily (funded July 2017)
    4th position owes 25k and pays $500 daily (funded July 2017)

    Merchant did....
    August - 190k in deposits // with ending balance at $12,500
    July - 167k in deposits // with ending balance at $19,000
    June - 107k in deposits // with ending balance at $14,500
    May - 145k in deposits // with ending balance at $7,000
    April - 160k in deposits // with ending balance at $35,000
    March - 176k in deposits // with ending balance at $21,000


    Why a 5th Position?

    FUNDKITE can translate this into $112k / 1.32 / 6month paying you 5% ($5,600) | Save the Merchant $1,322 per day | Then ReUP for the full amount again when ready and pay ISO upto 15points in a first position?

    CAN A STACK DO THAT?
    Joe Esparza
    FUNDKITE
    "FinTech High-Risk Funding Table"
    joseph.e@fundkite.com | 929.999.2700x1008
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  5. 08-18-2017, 12:13 PM #5
    Nikkiclean06
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    [QUOTE=Joseph Esparza;77339]
    Quote Originally Posted by SirFundAlot View Post
    Can anyone help here? or point me in the correct direction? Merchant hasnt missed any payments on any of the below advances...
    Merchant is looking for a 5th position....DETAILS LISTED BELOW....

    Merchant has 4 positions with details below....
    1st position owes 7k and pays $600 daily (pays off in 2 weeks or less)
    2nd position owes 30k and pays $750 daily
    3rd position owes 50k and pays $750 daily (funded July 2017)
    4th position owes 25k and pays $500 daily (funded July 2017)

    Merchant did....
    August - 190k in deposits // with ending balance at $12,500
    July - 167k in deposits // with ending balance at $19,000
    June - 107k in deposits // with ending balance at $14,500
    May - 145k in deposits // with ending balance at $7,000
    April - 160k in deposits // with ending balance at $35,000
    March - 176k in deposits // with ending balance at $21,000


    Why a 5th Position?

    FUNDKITE can translate this into $112k / 1.32 / 6month paying you 5% ($5,600) | Save the Merchant $1,322 per day | Then ReUP for the full amount again when ready and pay ISO upto 15points in a first position?

    CAN A STACK DO THAT?
    Sounds good but my experience has been just sounding good. you guys have been all talk.
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  6. 08-18-2017, 12:24 PM #6
    WestCoastFunding
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    Tell this guy to payoff his advances on the current payment schedule, and then stop taking advances.
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  7. 08-18-2017, 12:27 PM #7
    Joseph Esparza
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    [QUOTE=Nikkiclean06;77343]
    Quote Originally Posted by Joseph Esparza View Post

    Sounds good but my experience has been just sounding good. you guys have been all talk.
    It would now be the PERFECT TIME for Any group of ISO's that I've have funded recently with this program to step in! lol.
    Joe Esparza
    FUNDKITE
    "FinTech High-Risk Funding Table"
    joseph.e@fundkite.com | 929.999.2700x1008
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  8. 08-18-2017, 12:29 PM #8
    Nikkiclean06
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    Quote Originally Posted by WestCoastFunding View Post
    Tell this guy to payoff his advances on the current payment schedule, and then stop taking advances.
    sounds like they were all funded at the same time in the same month
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  9. 08-18-2017, 12:32 PM #9
    SirFundAlot
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    @nikkiclean06 the first 2 were funded sometime between December 2016- January 2017.... and thank you @westcoastfunding for your words of wisdom... i will relay message to my merchant
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  10. 08-18-2017, 12:40 PM #10
    Nikkiclean06
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    Quote Originally Posted by SirFundAlot View Post
    @nikkiclean06 the first 2 were funded sometime between December 2016- January 2017.... and thank you @westcoastfunding for your words of wisdom... i will relay message to my merchant
    Hope you get this deal done
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  11. 08-18-2017, 01:27 PM #11
    mcaguru
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    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com
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  12. 08-18-2017, 02:20 PM #12
    SirFundAlot
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    Would LOVE to send to you.... but the circumstances dont allow in this specific case lol @mcaguru
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  13. 08-18-2017, 02:47 PM #13
    SierraOSF
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    Hi, if you could dm me, we can further discuss this deal. Thank you.
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  14. 08-18-2017, 03:41 PM #14
    WestCoastFunding
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    Quote Originally Posted by SirFundAlot View Post
    Would LOVE to send to you.... but the circumstances dont allow in this specific case lol @mcaguru

    Translation: Marcus, you already funded him in July.
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  15. 08-21-2017, 11:15 AM #15
    SirFundAlot
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    Quote Originally Posted by WestCoastFunding View Post
    Translation: Marcus, you already funded him in July.
    Once again.. @Westcoastfunding with moreeeee words of wisdom!
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  16. 08-21-2017, 04:07 PM #16
    paulypubco
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    I'm a direct lender. I can do this deal.
    Direct Funder | MCA | Public Companies | Convertible Notes | Hard Money
    D. 516-667-6817
    paul@coolidgecapital.com
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