Results 1 to 20 of 20
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06-04-2018, 10:08 PM #1
Looking For a Lender That Would Buy Out a reverse consolidation
I don't know if this is possible, although, I have a client who is more than half way through his reverse.
Deposits
- March: 79k / Daily Ledger 8.4k
- April: 91k / Daily Ledger 9k
- May: 104k / Daily Ledger 10k
Reverse ends on JULY 23rd, ANY POSSIBILITY OF A BUY OUT PLEASE LET ME KNOW!
Times Square Consulting
Email: dean@timessquareconsulting.com
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06-05-2018, 08:06 AM #2
- Join Date
- Feb 2017
- Posts
- 3,455
Bank financing
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06-05-2018, 09:15 AM #3
- Join Date
- Jun 2017
- Posts
- 2,049
I know people who will Fund on top of a Reverse but not buy it out - UNLESS the Weekly deposits have stopped
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06-05-2018, 12:20 PM #4
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06-05-2018, 02:24 PM #5
- Join Date
- Dec 2017
- Posts
- 397
WBL will do anything
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06-07-2018, 10:06 PM #6
- Join Date
- Jun 2018
- Location
- NY,NY
- Posts
- 8
Hi
How much is his balance?
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06-07-2018, 10:10 PM #7
- Join Date
- Jun 2018
- Location
- NY,NY
- Posts
- 8
ISO’s needed
Looking to get deals and sign up ISO’s. Let me know who is looking for funders c-d space. Looking for long term relationship.
Email: albert@prosperumcapital.com
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06-08-2018, 01:55 AM #8
- Join Date
- Feb 2017
- Posts
- 3,455
We found him a $32,5000 5-year term all because his business credit was great!
Paid 10 points, too.
His personal credit is good, too, and he's got re-fi his current bank financing.... but that might take until after his busy summer season.
Anyone who has clients like this, please contact me! Step one is easy, takes about 7-9 days to get funding.
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06-08-2018, 09:45 AM #9
- Join Date
- Mar 2018
- Posts
- 42
Could have Factored for him as well.
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06-08-2018, 10:32 AM #10
- Join Date
- Feb 2017
- Posts
- 3,455
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06-08-2018, 10:33 AM #11
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,499
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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06-08-2018, 10:40 AM #12
- Join Date
- Feb 2017
- Posts
- 3,455
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06-08-2018, 10:44 AM #13
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,499
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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06-08-2018, 10:53 AM #14
- Join Date
- Feb 2017
- Posts
- 3,455
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06-08-2018, 10:58 AM #15
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,499
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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06-08-2018, 11:08 AM #16
- Join Date
- Feb 2017
- Posts
- 3,455
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06-08-2018, 11:23 AM #17
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,499
Ok...so with this "shticky" financing method payments are made from corporate cash to a "non loan" where the cash collateral belongs to a senior lender. Great....I don't care what kind of "shticky" financing you call it.....you did not even bother to get an inter-creditor from the Company's current lender/factor. That being said.....don't ever call our firm again.
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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06-08-2018, 11:34 AM #18
- Join Date
- Feb 2017
- Posts
- 3,455
Truth is, I didn't close it, I didn't get the contracts signed, I presented the idea to the client, and I just made the relationship and the client took it.
But Kevin, whatever you say.... don't worry, I won't be calling you. Just hit the "ignore" button for my posts, I'll do the same for you, and we'll stay out of each other's business.
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06-08-2018, 11:40 AM #19
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,499
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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06-08-2018, 12:34 PM #20Patrick Wilson
Managing Partner
www.PremierCapitalNetwork.com
(NO MORE LENDER/FUNDER CALL PLZ)
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