[WestCoastFunding]

Not sure which calculator you using but more like 300% plus apr.

You're right. I was being generous when calculating, thinking Marcus would do 8 months on top quality A paper instead of his standard 4.

Personally, I think Marcus would syndicate this deal using Cresthill.

[WestCoastFunding]

Bank,

I don't think anyone is doubting his ability to do a transaction..... I am sure that he can provide a solution for the Company and complete a transaction. All I am suggesting is that there might be better options available for the Company.

Best,

Kevin

Yeah, literally almost any funder can get this done. But this guy has no business getting an advance -- especially of the 1.48 variety.

[Kevin Henry-Seacoast]

So...Let's recap this tread....
-BigFilesNOBS asks if anyone can provide a facility for a $15Mil Company. I replied saying that we could entertain a facility for a company of that size, pricing would be very competitive, and the size would not be a problem. I offered my direct line and e-mail....crickets.
-Marcus chimes in because that's what Marcus does and we all love him for that....
-JaySamson states he is a direct "lender" and can do a deal like this.... no problem. I questioned if he in fact is a direct "lender" and he said yes.
-Meanwhile somebody from JaySamson's company calls me asking if we can provide a facility for a much larger company than the one referenced in this post and I said we would certainly like an opportunity to explore the deal and sent a referral agreement.
-10 other people chimed in with comments about who can do what and who can't.
-Nothing was ever sent to the Company that can actually do deals of this size.

Yep-Par for the course.....

[allison]

Power Funding can assist with all of your funding needs! A-C Paper, 1-5 positions, $10k min. monthly revenue, all industries considered!

We pay up to 17 points, our buy rates start as low as 1.07, and our terms extend up to 15 months!

Call me and lets get some deals funded!

[allison]

Power Funding can assist with all of your funding needs! A-C Paper, 1-5 positions, $10k min. monthly revenue, all industries considered!

We pay up to 17 points, our buy rates start as low as 1.07, and our terms extend up to 15 months!

Call me and lets get some deals funded!