Results 1 to 14 of 14
-
08-28-2018, 05:15 PM #1
- Join Date
- Apr 2015
- Posts
- 206
Established Business Seeking 100k
Established business for over 30 years is seeking 100k. They currently have a few tiny cash advance loans. They do about 200k a month. Looking for payoff or new funding. What funders can help?
Last edited by CashAdvanceKing; 08-28-2018 at 05:20 PM.
-
08-28-2018, 05:44 PM #2
- Join Date
- Jun 2015
- Posts
- 9
We would consider reviewing this file for an approval.
-
08-28-2018, 05:53 PM #3
- Join Date
- Feb 2017
- Posts
- 3,455
Your inbox will EXPLODE from everyone..... "Payoff OR New Funding" will bring all the skeletons out of the closet.
And you call yourself "King"?
If they're truly A-paper and they have less than 3 MCAs or other loans (SBAs, Bluevine, Kabbage, etc) which sounds like it's unlikely, Breakout should be your first stop.
If the client has enough collateral, then if you're signed up, then Bluevine might also be a good one-stop-shop for both their LOC and the AR (if they do AR) to do a buy-out.
Is there any real estate involved at all? Also something to keep in mind.
All of this is assuming you are willing to take less than 10 points. Breakout's standard program is close at 8 points, but it's revolving, so you'll make 10 points over the course of time.
-
08-28-2018, 06:05 PM #4
- Join Date
- Nov 2014
- Posts
- 438
LoanMe offers monthly payment term loans from $3,500 to $250,000. Minimum FICO 500, Minimum TIB 90 days. Multiple positions ok, final approvals based on affordability, not strictly revenue or deposits. We can work with all "For-Profit" Industries. Give us a call 949-535-7798
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
-
08-28-2018, 08:20 PM #5
- Join Date
- Jul 2018
- Posts
- 18
I can get it done. I work with smaller chop shop style direct funders that not many Iso's know about. I guarantee to get you the best deal. PM me can discuss what you're looking for.
-
08-28-2018, 08:40 PM #6
- Join Date
- Oct 2016
- Posts
- 4,318
-
08-28-2018, 09:50 PM #7
- Join Date
- Feb 2014
- Location
- Florida
- Posts
- 266
Shannon Harris
Funding Specialist
888-705-8818 phone
239-790-2664 fax
Shannon@StellarBusinessFunding.com
www.stellarbusinessfunding.com
-
08-29-2018, 07:45 AM #8
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
-
08-29-2018, 11:23 AM #9
- Join Date
- Jul 2015
- Location
- Tampa Florida
- Posts
- 502
We can look at this deal on CC split if they have the card volume to qualify. Our net rule is 75%
Jason H l Sales & Business Development
Quikstone Capital Solutions l Tampa FL
Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
Jason.Hausle@quikstonecapital.com
www.quikstonecapital.com
Direct Lender Since 2005
-
08-29-2018, 12:17 PM #10
- Join Date
- Feb 2018
- Posts
- 1,349
30 yrs tib and $200K mo- get them into a suitable product if their credit is decent. sounds like they need a better product than what they have been borrowing
-
08-29-2018, 12:35 PM #11
- Join Date
- Dec 2013
- Posts
- 4,713
all else fails send do cresthill will fund same day ! with contracts back-in!!
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
——————————————————————————
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
-
08-29-2018, 01:20 PM #12
- Join Date
- Mar 2017
- Location
- Nunya
- Posts
- 830
-
08-29-2018, 07:04 PM #13
- Join Date
- Jan 2015
- Location
- Laguna Beach
- Posts
- 463
I can probably get them a nice term loan, fully amortized.
-
09-03-2018, 09:03 AM #14
- Join Date
- Aug 2017
- Posts
- 405
Lmao chop shop style? Who in the hell sends there deals to “chop shop style direct funders”?
Similar Threads
-
Outpatient Services Seeking 100k
By JD-Strategic in forum Deal BinReplies: 2Last Post: 01-22-2018, 02:48 PM -
Established business making 500K per month seeking 125k 3rd position
By CashAdvanceKing in forum Deal BinReplies: 14Last Post: 12-14-2017, 01:02 PM -
Import/ Export business $2M gross. 780FICO. Seeking $100K LOC
By Newman410 in forum Deal BinReplies: 9Last Post: 10-18-2016, 05:54 PM -
7 Months in Business. Sushi Rest at CA Hollywood. seeking 100k+
By rc23 in forum Deal BinReplies: 4Last Post: 05-16-2016, 11:37 AM -
Seeking a Funder or Established ISO to work for remotely
By Sales Professional in forum Merchant Cash AdvanceReplies: 27Last Post: 06-08-2014, 03:26 PM