Funding for Wholesale Gem Dealer that only deals in cash
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  1. #1
    Member Reputation points: 10
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    Jan 2016
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    California
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    Funding for Wholesale Gem Dealer that only deals in cash

    I have a merchant that is a home based, wholesale gem dealer that only accepts cash and does a 30, 60 90 day payment plan with his customers. He has been in business since 2016, has a positive bank balance, and above 600 credit score. He is looking for $180,000 in funding and would like to repay it over 12 months. He can only do once a month repayments. Anyone interested?

    Thanks,

    Jennifer
    Best Regards,



    Jennifer Polito

  2. #2
    Senior Member Reputation points: 4599
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    Feb 2014
    Location
    Florida
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    Quote Originally Posted by TransMarkJenn View Post
    I have a merchant that is a home based, wholesale gem dealer that only accepts cash and does a 30, 60 90 day payment plan with his customers. He has been in business since 2016, has a positive bank balance, and above 600 credit score. He is looking for $180,000 in funding and would like to repay it over 12 months. He can only do once a month repayments. Anyone interested?

    Thanks,

    Jennifer
    LoanMe may work.. just depends on the state this merchant is located.
    Shannon Harris
    Funding Specialist
    888-705-8818 phone
    239-790-2664 fax
    Shannon@StellarBusinessFunding.com
    www.stellarbusinessfunding.com

  3. #3
    Senior Member Reputation points: 54989
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    Quote Originally Posted by SBF View Post
    LoanMe may work.. just depends on the state this merchant is located.
    Shannon knows her stuff!
    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

  4. #4
    Quote Originally Posted by SBF View Post
    LoanMe may work.. just depends on the state this merchant is located.
    Yes, this could be a good file for LoanMe. Is the cash deposited into the business bank account? We make offers based on affordability of the loan, IE: average daily balances. If this is a CA file, we go up to $250k, and $100k in all other LoanMe states.
    LoanMe Business
    949-535-7798
    Email: Business.Loans@LoanMe.com




    www.loanme.com/SBL-partner
    1900 S State College Blvd. Suite 300
    Anaheim, CA 92806

  5. #5
    Member Reputation points: 10
    Join Date
    Jan 2016
    Location
    California
    Posts
    6

    They are in California
    Best Regards,



    Jennifer Polito

  6. #6
    Banned Reputation points: 179851
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    Jun 2017
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    2,049

    LoanMe wont goto 180k, , 75k Max, supposedly they will do more only in CA... ive never seen it.

  7. #7
    Quote Originally Posted by ryan $ View Post
    LoanMe wont goto 180k, , 75k Max, supposedly they will do more only in CA... ive never seen it.
    Ryan, we raised our maximum Loan amount to $100k in all LoanMe states, CA still goes up to $250k. Take a look here for some recently funded partner files: https://conta.cc/2xg8jBC
    LoanMe Business
    949-535-7798
    Email: Business.Loans@LoanMe.com




    www.loanme.com/SBL-partner
    1900 S State College Blvd. Suite 300
    Anaheim, CA 92806

  8. #8
    Send it over to Velocity Capital Group.(VCG)

    We can give you an approval within 1 hour or less. We pay up to 15% in commission!

    To apply as an ISO please go to www.Velocitycg.com Click Partner and then Click ISO AGREEMENT. This will allow you to fully sign up electronically.

    We are looking forward to working with you.

    Jay Avigdor
    M: 833.VCG.FUND
    P: 718.564.6535
    F: 718.744.2858
    E: deals@velocitycg.com
    W: www.velocitycg.com

  9. #9
    Senior Member Reputation points: 44171
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    Aug 2017
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    405

    Were you with Pearl before?

  10. #10
    Senior Member Reputation points: 503040
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    Quote Originally Posted by Mynameisbob View Post
    Were you with Pearl before?
    Is Pearl having an exodus?

  11. #11
    Senior Member Reputation points: 44171
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    Aug 2017
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    Looks so. lol

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