best home for >10k starter deals
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  1. #1
    Senior Member Reputation points: 2782
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    best home for >10k starter deals

    What funders actually like these and don't charge a 1.4 buy rate, and pay respectively on renewals?

  2. #2
    Senior Member Reputation points: 5016 @jeannette's Avatar
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    Retail Capital doesn't necessarily do "starter" offers. Our split minimum deal is 5K and we require at least 5K in processing. Our smallest ACH deal is 10K. Our rates on a 4 month offer is a 1.34 with 9% on payback commission built in (12% on funded), you can always adjust your commission to lower the rate. Today I had a deal that we made a 13K 7 month offer that Pearl declined.
    Jeannette Nearing | Business Development Officer| AmeriFactors
    | M (770) 362-2307
    jnearing@amerifactors.com |

    http://www.amerifactors.com
    https://www.linkedin.com/in/jeannettenearing

  3. #3
    We will look at deals for under $10K, on minimum average monthly deposits of $12K. As to commissions- we likewise are ok with buying down the rate and pay w/in 24 hours @ the same rate for the first 2 renewals.

    Candidly, Jeannette's @ Retail payouts are going to be better, but we will fund smaller high risk files they may not-

    Robert S Bloink
    EVP of ISO Partnerships
    Direct: 313-218-4663
    Email: bb@cooperasset.com
    Web: www.cooperasset.com
    logo-01smaller.jpg

  4. #4
    Max Advance is currently funding deals less than $10k and we pay on renewals! You send it, we fund it!

    Maxadvance Banner 2.jpg
    Christina Rossi
    Business Development
    Account Executive
    Tel: 866-629-4464 ext 229
    Fax: 917-368-6943
    Crossi@maxadvance.com
    www.maxadvance.com

  5. #5
    Quote Originally Posted by AMERICApital1 View Post
    What funders actually like these and don't charge a 1.4 buy rate, and pay respectively on renewals?

    United Capital Source can look at them, also I have a few good outlets to suggest as well. PM me for details.

  6. #6
    Quote Originally Posted by MaxAdvance View Post
    Max Advance is currently funding deals less than $10k and we pay on renewals! You send it, we fund it!

    Maxadvance Banner 2.jpg
    Do you guys have an agent portal where Agents can track their deals and their merchants?

  7. #7
    Can fund a 10k loan in 3-5 business days. Short term business loan, 6-12 months. Amount we can lend is based on the cash flow of the company.

    Justin Yagher
    Capital Alliance
    Direct: 949-382-1389
    Email: jyagher@capitalalliance.com
    www.capitalalliance.com

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