1.3 mil annual deal
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  1. #1
    Senior Member Reputation points: 8384
    Join Date
    Oct 2012
    Posts
    360

    1.3 mil annual deal

    WANTS TO CONSOLIDATE EVERYONE / OR SOME OF THEM
    SHE IS PAYING TO MUCH PER MONTH SHE SAYS

    23 years in business

    1.3 mill in 2016

    owes kabbage 70k -- monthly payments of 15k

    20000 ondeck 40000 fundbox

    The fundbox is a receivables account that’s paid weekly and ondeck line of credit I would love to ball it all up and be rid of it

    Payments 2800 or so a week and ondeck 1000 a week

  2. #2
    Senior Member Reputation points: 242074
    Join Date
    Feb 2017
    Posts
    3,463

    What's the collateral, what's the credit?
    Richard Gerard will come over here in a minute - He's really good at these.

  3. #3
    Senior Member Reputation points: 11170
    Join Date
    May 2017
    Posts
    350

    Quote Originally Posted by shieldfunding View Post
    WANTS TO CONSOLIDATE EVERYONE / OR SOME OF THEM
    SHE IS PAYING TO MUCH PER MONTH SHE SAYS

    23 years in business

    1.3 mill in 2016

    owes kabbage 70k -- monthly payments of 15k

    20000 ondeck 40000 fundbox

    The fundbox is a receivables account that’s paid weekly and ondeck line of credit I would love to ball it all up and be rid of it

    Payments 2800 or so a week and ondeck 1000 a week




    If you don't find what you need, use me as a last resort. I can definitely get this merchant 110k to 120k, 9 - 12 months, paying off Ondeck

  4. #4
    Senior Member Reputation points: 8384
    Join Date
    Oct 2012
    Posts
    360

    Quote Originally Posted by johndough17 View Post
    If you don't find what you need, use me as a last resort. I can definitely get this merchant 110k to 120k, 9 - 12 months, paying off Ondeck
    what company do you represent ? i see you post here alot but don'y believe we spoke yet send me email
    sam@shieldfunding.com

  5. #5
    Senior Member Reputation points: 11170
    Join Date
    May 2017
    Posts
    350

    Quote Originally Posted by shieldfunding View Post
    what company do you represent ? i see you post here alot but don'y believe we spoke yet send me email
    sam@shieldfunding.com
    I am a broker Sam. Let me know if you can't get it done on the approval or sell something else before you send it.

    If there are 3-5 neg days/month, credit is over 500, TIB over 1 year, I can get it done with 2016 taxes and ytd financials for you with a funder I work with.

  6. #6
    Senior Member Reputation points: 11170
    Join Date
    May 2017
    Posts
    350

    You can keep 85% of the commish If I'll just be pricing it for you. If you need me to help you sell it we can talk about it.

  7. #7
    Member Reputation points: 270
    Join Date
    Jan 2017
    Location
    Milwaukee, WI
    Posts
    24

    PM'ed you.

  8. #8
    Senior Member Reputation points: 676
    Join Date
    Feb 2017
    Posts
    157

    I can do something here

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