Looking for lowest hold back available
Need a Funder or Vendor? START HERE

Results 1 to 10 of 10

Hybrid View

  1. #1
    Senior Member Reputation points: 820
    Join Date
    Jan 2013
    Location
    Berlin, CT
    Posts
    191

    $78k total monthly deposits with 98% of it being CC sales? If they're only looking for $30k, this shouldn't be more than a 5-6 month deal at an 8% holdback.

  2. #2
    Senior Member Reputation points: 17416
    Join Date
    Jul 2013
    Posts
    352

    Quote Originally Posted by GRP Funding View Post
    $78k total monthly deposits with 98% of it being CC sales? If they're only looking for $30k, this shouldn't be more than a 5-6 month deal at an 8% holdback.
    Are you guys approving your own deals or still using BFS?
    Your math is correct on this deal.

Similar Threads

  1. Lowest 2nd pos buy rate.......
    By CFG in forum Merchant Cash Advance
    Replies: 6
    Last Post: 02-15-2018, 12:30 PM
  2. 2nd Position - lowest buy rates?
    By helpinghand in forum Deal Bin
    Replies: 4
    Last Post: 11-30-2016, 03:30 PM
  3. Fix & Flip/Hold credit lines USA only
    By Numismatist in forum Promotions
    Replies: 0
    Last Post: 05-15-2015, 01:05 AM
  4. lowest price and longest pay back period
    By bdshaw in forum Merchant Cash Advance
    Replies: 1
    Last Post: 09-09-2014, 12:51 PM
  5. What is the lowest factor rate you have seen?
    By CO1 in forum Merchant Cash Advance
    Replies: 19
    Last Post: 05-15-2013, 12:10 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

iBusiness Funding acquires Funding Circle
Fintech Nexus is shutting down
Fed penalizes Evolve Bank


DIRECTORY