Early Payoff
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  1. #1
    Senior Member Reputation points: 5110 LJH365's Avatar
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    What's this guy's FICO?

  2. #2
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    Quote Originally Posted by LJH365 View Post
    What's this guy's FICO?
    Who cares what his Fico is, does he have a solid business? Solid payment history? Good revenue? Good AR? Does he pay his bills on time?
    High risk paper

  3. #3
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    People still send you deals?

    You still haven't changed your name yet?

  4. #4
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    Quote Originally Posted by Mynameisbob View Post
    People still send you deals?

    You still haven't changed your name yet?
    No, we are not changing our name, we're actually funding more than ever.

    Since the DF publicity our deal flow increased a lot. Apparently no one cares about the fake stories that were fabricated here.

    The reason why people "still fund with us" is because we will actually fund their deals, quickly and aggressively, and pay full commissions.

    If you want to see what kind of numbers we are doing, you can check us out on the courts. (Make sure to use "midnight advance" without the word "capital")
    High risk paper

  5. #5
    Senior Member Reputation points: 44171
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    Who are the Principals at your firm? I don't see anything on your website?

  6. #6
    Senior Member Reputation points: 38639 patrickw's Avatar
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    Quote Originally Posted by Mynameisbob View Post
    Who are the Principals at your firm? I don't see anything on your website?
    You asking me?
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  7. #7
    Senior Member Reputation points: 5110 LJH365's Avatar
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    ..

  8. #8
    Senior Member Reputation points: 5110 LJH365's Avatar
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    Quote Originally Posted by MidnightAdvance View Post
    Who cares what his Fico is, does he have a solid business? Solid payment history? Good revenue? Good AR? Does he pay his bills on time?

    I dunno. Perhaps the LOC lender he might possibly qualify with. God forbid we do right by our clients and explore better options before greasing them up and banging them with an mca.
    Sean Hawley
    CEO
    BLF
    Bright Light Freight
    shawley@brightlightfreight.com.com
    631-210-6327
    SBA, Term Loans, LOC, MCA & Equipment Finance (Transportation & Trucking)

  9. #9
    Senior Member Reputation points: 38639 patrickw's Avatar
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    Quote Originally Posted by LJH365 View Post
    What's this guy's FICO?
    Equifax 713, Experian 711, TransUnion 699
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  10. #10
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    Quote Originally Posted by patrickw View Post
    Equifax 713, Experian 711, TransUnion 699
    Will he take a personal loan? True amortized APR, you'll have to calculate the factor rate.
    I can introduce you to a method to monetize the online lenders.
    You might not make as much as with an MCA, but $1 > $0.

  11. #11
    Senior Member Reputation points: 38639 patrickw's Avatar
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    Quote Originally Posted by abfunders View Post
    Will he take a personal loan? True amortized APR, you'll have to calculate the factor rate.
    I can introduce you to a method to monetize the online lenders.
    You might not make as much as with an MCA, but $1 > $0.
    No. Only MCA>
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  12. #12
    Senior Member Reputation points: 242074
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    Quote Originally Posted by patrickw View Post
    No. Only MCA>
    The guy is addicted.... With credit like that, he can qualify for much better.

  13. #13
    Senior Member Reputation points: 38639 patrickw's Avatar
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    Quote Originally Posted by abfunders View Post
    The guy is addicted.... With credit like that, he can qualify for much better.
    LOL. let me tell you how it works, he often needs money for equipment, development and other stuff, so MCA is the quicker process. That's why he wants that option to pay within 30days at 1.12 or so.
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  14. #14
    Quote Originally Posted by patrickw View Post
    LOL. let me tell you how it works, he often needs money for equipment, development and other stuff, so MCA is the quicker process. That's why he wants that option to pay within 30days at 1.12 or so.
    High Top Funding gives early paybacks as low as 9% if merchant pays back in 30 days.

  15. #15
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    Quote Originally Posted by patrickw View Post
    LOL. let me tell you how it works, he often needs money for equipment, development and other stuff, so MCA is the quicker process. That's why he wants that option to pay within 30days at 1.12 or so.
    Figure out how to give him a product that makes sense.
    Within 30 days payment - he just needs a business credit card.
    He's just lazy.
    You can monetize on this client, big time, you just gotta know how.

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