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  1. #1

    2 months time in business

    Merchant purchased the existing business 2 months ago. Doing close to 100k a month. Are there any funders that fund 2 months TIB?

  2. #2
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    Quote Originally Posted by stat View Post
    Merchant purchased the existing business 2 months ago. Doing close to 100k a month. Are there any funders that fund 2 months TIB?
    Does he have statements from before he was owner?

  3. #3
    Senior Member Reputation points: 54975
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    we may fund-it here at mantis send to r.kim @ mantis funding . com (if your not signed up yet ...email me).

    On a side note...we are doing some heavy funding in the subprime space...I'm watching lately 100K plus deals getting funded by the hour !! (not sure why the EXTRA surge but its the new story here at mantis!!)...
    Last edited by mcaguru; 06-22-2018 at 01:24 PM.
    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 stat View Post
    Merchant purchased the existing business 2 months ago. Doing close to 100k a month. Are there any funders that fund 2 months TIB?
    LoanMe use to require 60 day, but switched to 90 days. How may days ago exactly did they purchase the business?
    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
    Senior Member Reputation points: 69645
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    CFG won't do this - Minimum 3 months is needed in order to price a deal like this.

  6. #6
    Yes

    Send me an email: matthew@ajequity.com

  7. #7
    Senior Member Reputation points: 258
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    If you could gather us the last 4 months of bank statements from the previous owner along with the last 2 from the new owner, we should be able to put out an offer under our new guidelines.

    Michael Bernier
    ISO Relations | Grand Capital Funding
    P: 201.273.9162 | C: 860.916.2158
    E: MikeB@GrandCapitalFunding.com

  8. #8
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    CALIF
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    9

    Looking for info on surge funding will not send paid for over a week now. Clients been calling emailing, wrote request g.. nothing 6 business feats now. Any info?thank you

  9. #9
    Senior Member Reputation points: 54975
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    will fund with 10 weeks in business over 3 month bank statements.
    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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