2nd Position - no COJ

**DCash** · 02-22-2018, 03:14 PM

Restaurant chain with over 20 locations. A paper - strong FICO and banks. 400K balance on 1st. Wants addon for 1M or 1st netting close to 1M.
Will not sign a COJ -

direct lenders only pm me.

**Sachip24** · 02-22-2018, 03:23 PM

if there is collateral involved you might be able to get it done. But straight MCA for 1 mill on 2nd position with no COJ...will be tough.

**ryan $** · 02-22-2018, 03:26 PM

Will not Happen

**mcaguru** · 02-22-2018, 03:37 PM

Cresthill Can "deal specific" fund this deal without COJ got to be squeezky clean... submit to me and ill forward to that desk....

**abfunders** · 02-22-2018, 03:42 PM

Why is this guy not going to the bank with a strong FICO? Are you just encouraging him to go get expensive money when you could help him make cheap money?

Are the 20 locations all operating under one EIN?

**Nikkiclean06** · 02-22-2018, 03:54 PM

Originally Posted by DCash

Restaurant chain with over 20 locations. A paper - strong FICO and banks. 400K balance on 1st. Wants addon for 1M or 1st netting close to 1M.
Will not sign a COJ -

direct lenders only pm me.

cresthill aint doing the deal with no COJ. Thats a bunch of crap. Trust. Expansion Capital Group or Knight is your best bet but they max out under what you need..

send me the deal and ill see what I can do is like give me your money and Ill be right back hahahhaahhah!!!!!

**Nikkiclean06** · 02-22-2018, 03:58 PM

Originally Posted by mcaguru

Cresthill Can "deal specific" fund this deal without COJ got to be squeezky clean... submit to me and ill forward to that desk....

you guys are not doing the deal with no COJ. Just Stoppp!!!!!! hHAHAHAHAHA

**mcaguru** · 02-22-2018, 04:00 PM

We would... if your looking at enough bank statements you will see Cresthill Capital vs our typical Mantis wires. Mantis you stand correct wont do it with out COJ on large files. but needs to be real clean for our Cresthill desk to do without COJ.

**Michael I** · 02-22-2018, 04:07 PM

Originally Posted by mcaguru

We would... if your looking at enough bank statements you will see Cresthill Capital vs our typical Mantis wires. Mantis you stand correct wont do it with out COJ on large files. but needs to be real clean for our Cresthill desk to do without COJ.

what is your max funding amount ?

**WestCoastFunding** · 02-22-2018, 04:22 PM

Marcus, he said he’s looking for a direct lender. Is Cresthill Direct?

**Yankeeman07** · 02-22-2018, 04:27 PM

Originally Posted by DCash

Restaurant chain with over 20 locations. A paper - strong FICO and banks. 400K balance on 1st. Wants addon for 1M or 1st netting close to 1M.
Will not sign a COJ -

direct lenders only pm me.

SBA Long Term Loan with consolidation of the 400K

**RichardGerard** · 02-22-2018, 04:34 PM

Originally Posted by Yankeeman07

SBA Long Term Loan with consolidation of the 400K

Dave,

Assets are always tough with restaurants unless there are strong PFS' from owners- as I'm sure you know..

**mcaguru** · 02-22-2018, 04:46 PM

Deal specific Cresthill can use our capital to be direct. but would have to be very Clean.

**WestCoastFunding** · 02-22-2018, 05:57 PM

Originally Posted by mcaguru

Deal specific Cresthill can use our capital to be direct. but would have to be very Clean.

On this deal listed above. The guy says he’s looking for a direct lender. Would Cresthill be direct for this merchant?

**Jstarr** · 02-22-2018, 05:58 PM

most COJ's are un enforceable

Originally Posted by DCash

Restaurant chain with over 20 locations. A paper - strong FICO and banks. 400K balance on 1st. Wants addon for 1M or 1st netting close to 1M.
Will not sign a COJ -

direct lenders only pm me.

**mbernier** · 02-22-2018, 07:54 PM

We can do something here, but the client would have to pledge collateral. If you want to discuss the file further, give me a call or shoot me an email.

Michael Bernier
ISO Relations | Grand Capital Funding
P: 201.273.9162 | C: 860.916.2158
E: MikeB@GrandCapitalFunding.com

**Yankeeman07** · 02-22-2018, 08:02 PM

Originally Posted by RichardGerard

Dave,

Assets are always tough with restaurants unless there are strong PFS' from owners- as I'm sure you know..

Yes, and 1 Million is not exactly pocket change. The devil is in the details.

**Cashman1** · 02-22-2018, 08:08 PM

Originally Posted by mcaguru

Cresthill Can "deal specific" fund this deal without COJ got to be squeezky clean... submit to me and ill forward to that desk....

Dude your a joke! I just don’t get why people send you files your horrible!!

**Cashman1** · 02-22-2018, 08:09 PM

Originally Posted by WestCoastFunding

On this deal listed above. The guy says he’s looking for a direct lender. Would Cresthill be direct for this merchant?

Yes direct through the backdoor!

**tamerica** · 02-23-2018, 01:03 PM

2561qw.jpg

**mcaguru** · 02-23-2018, 01:29 PM

Back in the day we would go to that convention only our company (back then) and Advanceme (can capital) would have a booth at National Restaurant Association --- Truth be told the ROI was horrific ... the restaurant participants coming to these shows were pretty cash flushed ! went to a tow-truck show and we closed half the room !

**Nikkiclean06** · 02-23-2018, 01:47 PM

Originally Posted by Cashman1

Dude your a joke! I just don’t get why people send you files your horrible!!

Only somebody with a gmail account would send a file that way

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