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  1. #1
    Senior Member Reputation points: 38639 patrickw's Avatar
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    Need to beat this offer!

    I have a 56K 1.3 buy rate 130 payments offer. Need atleast 9 months lower the daily payments.

    Industry: Flooring
    annual rev: around 900K
    Avg Balance: 10K
    Credit: around 600
    1st Position
    Last edited by patrickw; 10-31-2018 at 04:25 PM.
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  2. #2
    Senior Member Reputation points: 33996
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    Need more info

  3. #3
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    I’m assuming this is a 2nd position?

  4. #4
    Senior Member Reputation points: 38639 patrickw's Avatar
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    Industry: Flooring
    annual rev: around 900K
    Avg Balance: 10K
    Credit: around 600
    1st Position
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  5. #5
    Senior Member Reputation points: 11375
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    Quote Originally Posted by patrickw View Post
    Industry: Flooring
    annual rev: around 900K
    Avg Balance: 10K
    Credit: around 600
    1st Position
    Rapid, Strategic, National. Even Pearl and TVT can go out that far and more if they like the deal.

    There are others as well you can look into (BFS, Breakout, Business Backer, QuarterSpot, IOU - all known to do longer terms).
    Last edited by rdgllc; 10-31-2018 at 04:36 PM.

  6. #6
    Senior Member Reputation points: 2496
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    Quote Originally Posted by patrickw View Post
    I have a 56K 1.3 buy rate 130 payments offer. Need atleast 9 months lower the daily payments.

    Industry: Flooring
    annual rev: around 900K
    Avg Balance: 10K
    Credit: around 600
    1st Position
    Sounds like something we can do.
    David Obstfeld
    Chief Executive Officer
    SOS Capital
    1330 Ave of the Americas, NY, NY 10019
    212-235-5455
    SOSCapital.com

  7. #7
    Senior Member Reputation points: 38639 patrickw's Avatar
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    Quote Originally Posted by rdgllc View Post
    Rapid, Strategic, National. Even Pearl and TVT can go out that far and more if they like the deal.

    There are others as well you can look into (BFS, Breakout, Business Backer, QuarterSpot, IOU - all known to do longer terms).
    wow I'm not even signed up with few mentioned above :|
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  8. #8
    Senior Member Reputation points: 38639 patrickw's Avatar
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    Quote Originally Posted by soscap View Post
    Sounds like something we can do.
    PM me!
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  9. #9
    Senior Member Reputation points: 3706
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    Taken care of, just sent you the revised offer. Thank you!
    Paul Boxer
    Merchant Marketplace

    Chief Operating Officer
    Chief Revenue Officer

    Cell: (516) 805-9209
    paul@merchantmarketplace.com
    www.merchantmarketplace.com

  10. #10
    Senior Member Reputation points: 218103
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    Quote Originally Posted by rdgllc View Post
    Rapid, Strategic, National. Even Pearl and TVT can go out that far and more if they like the deal.

    There are others as well you can look into (BFS, Breakout, Business Backer, QuarterSpot, IOU - all known to do longer terms).
    Breakout, QuarterSpot and IOU wouldn't do it - Credit is too low.

    Patrick, you can also lower the sell rate if you have to.

  11. #11
    Senior Member Reputation points: 86884
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    credit was stated in the 600s above, why did they decline them? Those are companies that typically are tighter on credit in general but curious. i know some funders decline these days if the credit inquiries are too heavy from competitors in fear of being stacked.

  12. #12
    Member Reputation points: 1520
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    Quote Originally Posted by patrickw View Post
    Industry: Flooring
    annual rev: around 900K
    Avg Balance: 10K
    Credit: around 600
    1st Position
    How long have they been in business?
    Matthew Reiser
    Vice President of Business Development
    Kapitus
    (646) 722-1503
    mreiser@kapitus.com

  13. #13
    Senior Member Reputation points: 38639 patrickw's Avatar
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    Ohkay I have got 2 solid offers from SFS & Quicksilver.
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  14. #14
    Senior Member Reputation points: 51665
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    Quote Originally Posted by patrickw View Post
    Ohkay I have got 2 solid offers from SFS & Quicksilver.
    Have you tried Pearl?

  15. #15
    Senior Member Reputation points: 86884
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    who you going with? we have never worked with quicksilver curious how the two stacked up side by side.. regardless, they both have the customers app and data on file now

  16. #16
    Senior Member Reputation points: 3706
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    Would love to get you signed up with us and get your deals funded.
    Paul Boxer
    Merchant Marketplace

    Chief Operating Officer
    Chief Revenue Officer

    Cell: (516) 805-9209
    paul@merchantmarketplace.com
    www.merchantmarketplace.com

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