Results 1 to 13 of 13
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05-11-2018, 11:25 AM #1
4th pos or Pay off 2nd/3rd
Hi Guys,
I have a merchant looking for 50K-60K. He has 3 open advance (51K ($775/day), (24K $473/day), (56K $652/day) and balances around 135K. He makes around 130K/month FICO 640. It's a Health Care. Bascially he needs money for pay off 2 or 1 open advance and rest of the money for operating capital.
Tried YSC/Fundworks. Anyone?
Also, if anyone does Non-profit.Last edited by patrickw; 05-11-2018 at 11:28 AM.
Patrick Wilson
Managing Partner
www.PremierCapitalNetwork.com
(NO MORE LENDER/FUNDER CALL PLZ)
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05-11-2018, 01:47 PM #2
- Join Date
- Mar 2016
- Posts
- 908
CFG Should be able to price this as a 4th as long as they arent over leveraged. Let me know if you want to try us.
Thank you,
Lior Monus
CFG Merchant Solutions
Direct: 516-319-5826
Lmonus@cfgms.com
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05-11-2018, 01:59 PM #3
- Join Date
- Dec 2013
- Posts
- 4,713
mantis all day (and night LOL as we keep latest hours in MCA)....
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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05-11-2018, 04:06 PM #4
- Join Date
- Feb 2014
- Location
- Florida
- Posts
- 266
National for non-profit.
For healthcare lender.. PW Funding dba Aquina Health.. out of GA.. I have been meaning to get set-up with them.. they specialize in healthcare fields.. weekly payments at 1.15.. I don't know if they take Brokers.. but you can see about charging a Success Fee if this works out.Last edited by SBF; 05-11-2018 at 04:08 PM.
Shannon Harris
Funding Specialist
888-705-8818 phone
239-790-2664 fax
Shannon@StellarBusinessFunding.com
www.stellarbusinessfunding.com
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05-11-2018, 04:24 PM #5
- Join Date
- Jun 2017
- Posts
- 2,049
Fundkite IMO is very good at scenarios like this, InAdvance as well.... the balances seem excessive here though, but worth a shot
And Im not sure about NPO's with either one, i think InAdvance takes them on a case by case
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05-11-2018, 04:26 PM #6
- Join Date
- Jun 2017
- Posts
- 2,049
InAdvance and Fundkite are great at buying out multiple positions, leaving some positions alone and making great offers. I cant say enough good things about these 2 companies. Both are flexible, competitive and think outside the box.
For an example, fundkite initially made me a 30k offer.... we received a higher offer from a competitor, fundkite immediately raised their offer and extended term AND lowered the buy rate to win the deal.... All while keeping commission the same.
Additionally InAdvance, we had a deal with 5 positions, InAdvance made an offer and asked for zero balance letters, we furnished payoff letters (i thought for sure the deal would die) InAdvance paid off 4 balances, took the 2nd position and netted the merchant more funds than any other stack offer we had.
Both companies are extremely aggressive and great at buying out/consolidating multiple positions
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05-11-2018, 04:28 PM #7
- Join Date
- Jun 2017
- Posts
- 2,049
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05-11-2018, 04:45 PM #8Patrick Wilson
Managing Partner
www.PremierCapitalNetwork.com
(NO MORE LENDER/FUNDER CALL PLZ)
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05-11-2018, 04:53 PM #9Patrick Wilson
Managing Partner
www.PremierCapitalNetwork.com
(NO MORE LENDER/FUNDER CALL PLZ)
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05-11-2018, 04:53 PM #10Patrick Wilson
Managing Partner
www.PremierCapitalNetwork.com
(NO MORE LENDER/FUNDER CALL PLZ)
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05-14-2018, 01:16 PM #11
- Join Date
- Apr 2018
- Location
- Miami
- Posts
- 38
send it over to me at ace I will fund 4ths!!!
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05-14-2018, 01:17 PM #12
- Join Date
- Apr 2018
- Location
- Miami
- Posts
- 38
only stips needed to fund are DLVC
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05-14-2018, 04:11 PM #13
Funded him 15K with Everest. Should have gone with consolidation
Last edited by patrickw; 05-14-2018 at 04:14 PM.
Patrick Wilson
Managing Partner
www.PremierCapitalNetwork.com
(NO MORE LENDER/FUNDER CALL PLZ)