Who funds prior defaults who have paid off and done micro advances since
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  1. #1
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    Who funds prior defaults who have paid off and done micro advances since

    Ohio based company does 700K monthly had done the mainstreet 10K then 35 K deal for 45 days, done a TVT 60 day 60K deal, paid off on all, will be a first, has heavy flow on deposits and a reasonable explanation what happened with the default history, had a bad actor promise him the usual unicorns. Looking for direct funders, no super ISO no brokers. Mantis will not touch due to default history as expected, neither will Yellow, or Kalamarta. Mainstreet offered 85, but no where enough to go

    Merchant needs a 150K deal

  2. #2
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    Quote Originally Posted by Metromedia View Post
    Ohio based company does 700K monthly had done the mainstreet 10K then 35 K deal for 45 days, done a TVT 60 day 60K deal, paid off on all, will be a first, has heavy flow on deposits and a reasonable explanation what happened with the default history, had a bad actor promise him the usual unicorns. Looking for direct funders, no super ISO no brokers. Mantis will not touch due to default history as expected, neither will Yellow, or Kalamarta. Mainstreet offered 85, but no where enough to go

    Merchant needs a 150K deal
    What industry?
    Hedley Lamarr......That's Hedley

  3. #3
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    This is a staffing company

  4. #4
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    Quote Originally Posted by Metromedia View Post
    This is a staffing company
    They aren’t factoring? If not, see Kevin above.

  5. #5
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    Quote Originally Posted by Metromedia View Post
    This is a staffing company
    We love staffing companies! 561-623-1872 is my direct. Kevin.Henry@Seacoastbf.com www.seacoastbf.com is our website. You will find a success story for a staffing company I helped through a similar situation.

    Kevin
    Hedley Lamarr......That's Hedley

  6. #6
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    Quote Originally Posted by WestCoastFunding View Post
    They aren’t factoring? If not, see Kevin above.
    Thanks for the mention! Even if they are already factoring or have a line with someone else, we might be able to help.
    Hedley Lamarr......That's Hedley

  7. #7
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    Quote Originally Posted by kevinhenry0527 View Post
    We love staffing companies! 561-623-1872 is my direct. Kevin.Henry@Seacoastbf.com www.seacoastbf.com is our website. You will find a success story for a staffing company I helped through a similar situation.

    Kevin
    https://seacoastbusinessfunding.com/...retain-profits A link to the success story...
    Hedley Lamarr......That's Hedley

  8. #8
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    Quote Originally Posted by Metromedia View Post
    Ohio based company does 700K monthly had done the mainstreet 10K then 35 K deal for 45 days, done a TVT 60 day 60K deal, paid off on all, will be a first, has heavy flow on deposits and a reasonable explanation what happened with the default history, had a bad actor promise him the usual unicorns. Looking for direct funders, no super ISO no brokers. Mantis will not touch due to default history as expected, neither will Yellow, or Kalamarta. Mainstreet offered 85, but no where enough to go

    Merchant needs a 150K deal
    Only one I know of that will is Midnight (now renamed to Atlas apparently).

  9. #9
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    Quote Originally Posted by Metromedia View Post
    This is a staffing company
    Hi Metromedia,

    You will get a lot of responses from A/R Factoring companies, due to "Staffing" (and similar related service companies) are a preferred category we fund.

    Please feel free consider us:
    • AmeriFactors is a direct lender and has funded over $5BILLION since 1990.
    • We specialize in offering "NON-Recourse Factoring", which is often the preferred form of factoring for service-oriented companies.
    • AmeriFactors obviously pay brokers RECURRING monthly RESIDUAL commissions.
    • We use our own money, which leads to quicker Yes/No decisions, and lower financing costs.
    • No site visit required, fast closing docs offered, we have in-house legal dept.

    Send me a pm or give me a call or email, to learn more about our quick financing options.

    Rob Brownell
    Amerifactors Financial Group
    215 Celebration Place, Suite 340, Celebration, FL 34747
    p: 772-419-8606
    e: rbrownell@amerifactors.com
    w: www.amerifactors.com

  10. #10
    If they made good on the prior default and paid off these super short term, Cooper believes in second chances-

    Robert S Bloink
    EVP of ISO Partnerships
    Direct: 248-341-9477
    Email: bb@cooperasset.com
    Web: www.cooperasset.com

  11. #11
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    PM me for your default deals.

    WE FUND DEFAULTS
    High risk paper

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