[Dean Yadid]

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

[abfunders]

Bank financing

[ryan $]

I know people who will Fund on top of a Reverse but not buy it out - UNLESS the Weekly deposits have stopped

[Dean Yadid]

I know people who will Fund on top of a Reverse but not buy it out - UNLESS the Weekly deposits have stopped

This will void his COJ, wouldn't it?

[Don Dolla]

WBL will do anything

[albert81]

Hi
How much is his balance?

[albert81]

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

[abfunders]

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.

[Velocity Capital Group]

Could have Factored for him as well.

[abfunders]

Could have Factored for him as well.

He's already factoring. And he doesn't do enough B2B to buy out the first position. The guy has $280,000 of debt.
And we just added a $1190/mo payment that's not in violation of any of his no-stacking agreements.

[Kevin Henry-Seacoast]

He's already factoring. And he doesn't do enough B2B to buy out the first position. The guy has $280,000 of debt.
And we just added a $1190/mo payment that's not in violation of any of his no-stacking agreements.

Did you get an inter-creditor agreement with the factor?

[abfunders]

Did you get an inter-creditor agreement with the factor?

In this particular case also, there's no UCC, no lien on the business what-so-ever.
The OTHER stackers did not!

[Kevin Henry-Seacoast]

In this particular case also, there's no UCC, no lien on the business what-so-ever.
The OTHER stackers did not!

I don't care what others did. Did YOU get an inter-creditor with the current factor? I find it very hard to believe the current factor did not file a UCC.

[abfunders]

I don't care what others did. Did YOU get an inter-creditor with the current factor? I find it very hard to believe the current factor did not file a UCC.

The current factor I'm sure did file a UCC.
The current offer we got for him has no real lien on the business. It's not a loan.

[Kevin Henry-Seacoast]

The current factor I'm sure did file a UCC.
The current offer we got for him has no real lien on the business. It's not a loan.

So you did not get an inter-creditor from the current factor and funded a "non-loan" for the Company? Are the payments for the non-loan wired daily, weekly, or monthly? Was the "non-loan" an advance on future receivables or revenues?

[abfunders]

So you did not get an inter-creditor from the current factor and funded a "non-loan" for the Company? Are the payments for the non-loan wired daily, weekly, or monthly? Was the "non-loan" an advance on future receivables or revenues?

Not wired. Paybacks are monthly. Not an advance, not a loan. It's what we call a "shticky" financing method.

[Kevin Henry-Seacoast]

Not wired. Paybacks are monthly. Not an advance, not a loan. It's what we call a "shticky" financing method.

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.

[abfunders]

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.

[Kevin Henry-Seacoast]

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.

Gladly-We don't do business with people who arrange, suggest, or close "Shticky" "non-loans". You post about STACKERS and turn around and do the same thing. I guess for you the $3,250 bucks was worth it.

[patrickw]

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.

Could you send me an email/pm for this 5 year programs. Interested.