300k + advances?
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  1. #1
    Senior Member Reputation points: 16709
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    300k + advances?

    Which funders g 500k+ for qualified merchants?
    Last edited by omegafund; 11-30-2017 at 11:11 AM.

  2. #2
    Senior Member Reputation points: 86605
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    SBA Loans up to 350k
    Cash flow based therefore no collateral requirements.
    Generally @ 7% over ten yrs
    No prepay penalty.
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  3. #3
    Bfs

  4. #4
    Senior Member Reputation points: 203963
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    BFS, strategic, rapid but they will probably lower offer last minute, Everest, BB maybe, Kalmata likes big deals but file must be squeaky clean, there are few other but those are lower tier lenders

  5. #5
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    We can do $250k and possibly go together with another funder for $250k.
    High risk paper

  6. #6
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    Quote Originally Posted by MidnightAdvance View Post
    We can do $250k and possibly go together with another funder for $250k.
    So the answer is not you... Got it.

  7. #7
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    Pearl

  8. #8
    Senior Member Reputation points: 34509 Jstarr's Avatar
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    Hi Ben, Next Wave will do that for you - ill call you on the re deal in about an hour
    Jerry Starr
    Insource Funding
    433 Plaza Real,
    Boca Raton, Fl 33432
    P: 800-805-3391 Fx: 561-270-6895
    insourcefunding.net

    WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL

    ◆ 50% LTV - No Fico Required
    ◆ 90% CLTV on Purchases
    ◆ Investment Residential / Commercial Properties



  9. #9
    Senior Member Reputation points: 5933
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    Quote Originally Posted by omegafund View Post
    Which funders go 300-500k+ for qualified merchants?
    We go up to $500,000 in funding. Our sweet spot is anywhere between 20k to 250k for same day funding.
    Isaac N Mizrahi
    ISO Relations Manager | SPG Advance, LLC
    Office: 212-225-8279
    Mobile: 323-617-1397
    Email: Isaac@SPGAdvance.com
    www.SPGAdvance.com

  10. #10
    Senior Member Reputation points: 49940
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    I do deals this size at least once a week. Feel free to reach out if I can be of any help. The only stips I need to fund are a drivers license, void check, proof of EIN, and bank log in, nothing more.

  11. #11
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    LOL 88 / 90 day deals? Did the merchant even make his first months payments before defaulting?

  12. #12
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    If the merchants numbers meet A 300K offer then you'll get a 300K offer.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    ——————————————————————————
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  13. #13

    We definitely can!

    Quote Originally Posted by omegafund View Post
    Which funders g 500k+ for qualified merchants?

    In Advance Capital, we're direct lenders. If they qualify for more, we'll get them more!

    https://www.prnewswire.com/news-rele...onal-financing

    Priscilla Cruz
    In Advance - Working Capital Now
    P (619) 488-5788
    F (888) 704-7772
    E priscilla@inadvancecap.com
    www.inadvancecap.com
    Last edited by Priscilla; 11-30-2017 at 07:20 PM.

  14. #14
    Quote Originally Posted by omegafund View Post
    Which funders g 500k+ for qualified merchants?
    TVT Capital is doing up to $2MM all day long! Not pulling together syndication or multiple contracts/funders together to get it done. You have a merchant that qualifies for $500-$2MM? you will get the offer and it'll be funded in 1-2 days. No B.S.

  15. #15
    Nextwave goes up to $1.5mm, fast turnaround, quick decisions.

  16. #16
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    I heard good things about Nextwave ... when they like a deal it gets funded!
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    ——————————————————————————
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  17. #17
    Senior Member Reputation points: 51665
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    Quote Originally Posted by mcaguru View Post
    I heard good things about Nextwave ... when they like a deal it gets funded!
    Isn't that true among ALL Funders?

  18. #18
    I see Queen doing alot of big deals these days

  19. #19
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    We will do $300k credit card split MCA.
    Jason H l Sales & Business Development
    Quikstone Capital Solutions l Tampa FL
    Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
    Jason.Hausle@quikstonecapital.com
    www.quikstonecapital.com


    Direct Lender Since 2005

  20. #20
    Senior Member Reputation points: 32658 Zach's Avatar
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    National Funding as well.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

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