[CFG]

600 & 620 FICO's for both owners, averaging $80,000/month in deposits looking for a 1st position for $80,000.

7-10 Negative days a month is the only obstacle here, highest offer I've been able to get so far was $15,000.

Any suggestions? I need a direct lender on this one ASAP!

Thanks everyone!

[mbernier]

We might be willing to make an offer on this one. And I know that we can definitely make an offer on this one if the client has collateral to pledge. Please feel free to shoot it over: mikeb@grandacpitalfunding.com or give me a call to discuss: 201-273-9162

[paulypubco]

Never had an mca before? Send me statements if he will take 40k. i'll send you an iso agreement. We are direct funders.

[ryan $]

Split?

[AdvanceFund]

600 & 620 FICO's for both owners, averaging $80,000/month in deposits looking for a 1st position for $80,000.

7-10 Negative days a month is the only obstacle here, highest offer I've been able to get so far was $15,000.

Any suggestions? I need a direct lender on this one ASAP!

Thanks everyone!

Unless balances are super high it's doubtful you will get close to 80k. You should be able to get 30-35k

[mikem]

Never had an mca before? Send me statements if he will take 40k. i'll send you an iso agreement. We are direct funders.

Paul,

You can fund banks with 7-10 negative days??

[mikem]

Unless balances are super high it's doubtful you will get close to 80k. You should be able to get 30-35k

You would give 35K with 7-10 negs in the banks?? Bull****.

[AdvanceFund]

You would give 35K with 7-10 negs in the banks?? Bull****.

Ah, I didn't realize it was every month.

[Jason Sterling]

Depending on CC volume we may be able to help.

[CASH CAPITAL GROUP LLC]

If the balances a strong on the other days I may be able to do higher than 15k but wouldn't quote a number with out looking at documents

[SBF]

How much do they process in cc transactions each month?

[CFG]

They don't process any CC

[bankergirl]

617 Fico, Restaurant wants to payoff 58k existing MCA and net another 50k .. needs 12 month term or better
I'm only getting 2nd position offers

Last three months

Beginning Balance 1,244.43
Deposits 12,894.00
Electronic Deposits 178,371.74
Checks Paid 76,080.79
Electronic Payments 117,805.65
Other Withdrawals 1,435.00
Service Charges 27.00
Ending Balance -2,838.27

Beginning Balance -2,838.27
Deposits 12,593.00
Electronic Deposits 166,841.36
Checks Paid 61,889.78
Electronic Payments 103,330.59
Other Withdrawals 1,295.00
Service Charges 32.10
Ending Balance 10,048.62

Beginning Balance 10,048.62
Deposits 21,469.00
Electronic Deposits 191,775.28
Other Credits 3.00
Checks Paid 58,399.15
Electronic Payments 156,092.37
Other Withdrawals 350.00
Service Charges 3.90
Ending Balance 8,450.48

[bankergirl]

sorry..wrong thread