Results 1 to 25 of 34
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10-31-2018, 11:34 AM #1
- Join Date
- Jun 2017
- Posts
- 2,049
I hate IOU
Any Ideas who can beat an 84 Day 100k 1.14 2nd Position from IOU
Dude just cares about cost of money, not daily, 740 Credit , Distribution Company - he qualifies for 100k all day - just need 80 Days 1.14 -i dont care if i make 2 points on deal
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10-31-2018, 11:39 AM #2
- Join Date
- Nov 2014
- Location
- NYC
- Posts
- 187
David Obstfeld
Chief Executive Officer
SOS Capital
1330 Ave of the Americas, NY, NY 10019
212-235-5455
SOSCapital.com
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10-31-2018, 11:45 AM #3
- Join Date
- Dec 2015
- Location
- Texas
- Posts
- 552
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10-31-2018, 11:46 AM #4
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,490
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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10-31-2018, 11:48 AM #5
- Join Date
- Jun 2017
- Posts
- 2,049
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10-31-2018, 11:50 AM #6
- Join Date
- Jun 2017
- Posts
- 2,049
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10-31-2018, 11:57 AM #7
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,490
Shoot me an e-mail and I would be happy to set up a call. Kevin.Henry@SeacoastBF.com
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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10-31-2018, 12:01 PM #8
- Join Date
- Jun 2017
- Posts
- 2,049
I will after this last day of month - Dave at SOS - you guys have it - from ryan @ JD Merchant Capital
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10-31-2018, 12:01 PM #9
Rapid
Gary Axisa
Blue Streak Capital, Inc.
PM me for my email
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10-31-2018, 12:03 PM #10
- Join Date
- Jun 2017
- Posts
- 2,049
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10-31-2018, 12:20 PM #11
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10-31-2018, 12:22 PM #12
- Join Date
- Feb 2018
- Posts
- 1,349
Dave, what term length and rates do you offer? Most seconds seem to have buys in the 1.26+ range
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10-31-2018, 12:22 PM #13
- Join Date
- Feb 2018
- Posts
- 1,349
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10-31-2018, 01:19 PM #14
- Join Date
- Jun 2017
- Posts
- 2,049
Waiting on SOS......
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10-31-2018, 02:34 PM #15
- Join Date
- Jun 2017
- Posts
- 2,049
Killing me Dave.
This is a GREAT File.
Need a response
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10-31-2018, 02:41 PM #16
- Join Date
- Nov 2014
- Location
- NYC
- Posts
- 187
David Obstfeld
Chief Executive Officer
SOS Capital
1330 Ave of the Americas, NY, NY 10019
212-235-5455
SOSCapital.com
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10-31-2018, 02:55 PM #17
- Join Date
- Jun 2017
- Posts
- 2,049
You did give us a 1.13 for 4 Months - With a Prepay (its an 8 Month Deal)
I just requested a 1.13 with a 4 month deal - he doesnt want to prepay just wants the daily ACH to be more and pay off in 4 months.
This seems reasonable, he just wants the payments to come automatically doesnt want to have to make extra payments
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10-31-2018, 03:00 PM #18
- Join Date
- Nov 2014
- Location
- NYC
- Posts
- 187
David Obstfeld
Chief Executive Officer
SOS Capital
1330 Ave of the Americas, NY, NY 10019
212-235-5455
SOSCapital.com
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10-31-2018, 03:03 PM #19
- Join Date
- Jun 2017
- Posts
- 2,049
Thumbs up to SOS - DL VC out - Contract Requested
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10-31-2018, 03:07 PM #20
- Join Date
- Jan 2015
- Posts
- 97
working directly with the CEO, that is the way with these smaller shops, nice work!
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10-31-2018, 03:27 PM #21
I feel like I was in the email chain ~ awesome work-
Jonathan Kohanoff
B.R.E. #01962090
Diamond Business Loans
Beverly Hills, CA 90211
jon@diamondbl.com
www.DiamondBL.com
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11-01-2018, 12:39 AM #22
- Join Date
- Dec 2016
- Location
- Brooklyn N.Y.
- Posts
- 428
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11-01-2018, 08:25 AM #23
- Join Date
- Oct 2016
- Posts
- 4,318
This thread is a huge success for SOS.
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11-01-2018, 02:57 PM #24
- Join Date
- Jun 2017
- Posts
- 2,049
It didnt fund yet, this isnt a Midnight 6th Position. They Need a SIte Inspection, etc. But Contract is back, waiting o a few remaining stips. The deal is veryyyyyyy clean - I dont see any reason it wont fund.
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11-02-2018, 02:11 PM #25
- Join Date
- Jun 2017
- Posts
- 2,049
For an Update just to Everyone.
SOS was great to work with. I kind of shy away from them for being Stip Heavy, but when you need good Rates, the stips are totally worth it. The Underwriter Sam has been great to work with. Dave was Great. All in all, Smooth and Easy.
Site Inspection Done, all Stips Satisfied, Funding Call being completed as we speak and wire going out today.
And best of all since he Stacked we can get him away from the 1st Position Lender (Which was IOU as well BTW) and Hopefully have him for a while.
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