dental office 200k monthly deposits but has 400k in tax liens on payment plan
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  1. #1
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    dental office 200k monthly deposits but has 400k in tax liens on payment plan

    just like title says, decent merchant has strong deposits, in NY, dentist office, 200k in deposits, no current positions, needs about 100k, huge hurdle is the 400k in tax liens but she is on a payment plan for them. if any lenders can do this and I mean actually do this please pm. Thank you

  2. #2
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    MANTIS !!! All day
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
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    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  3. #3
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    Ide like to try this if possible. Idk about 100k, but i should be able to get this priced if the merchant has a payment plan going. No promises but im optimistic.
    Thank you,

    Lior Monus
    Business Development Manager
    CFG Merchant Solutions


    Direct: (646) 880-6764
    Cell: (516) 319-5826
    Fax: (646) 278-7322
    Lmonus@cfgms.com
    180 Maiden Lane New York, NY 10038

    www.cfgmerchantsolutions.com

  4. #4
    Cooper does not require a payment for tax liens. Send it along-

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

  5. #5
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    Quote Originally Posted by Sachip24 View Post
    just like title says, decent merchant has strong deposits, in NY, dentist office, 200k in deposits, no current positions, needs about 100k, huge hurdle is the 400k in tax liens but she is on a payment plan for them. if any lenders can do this and I mean actually do this please pm. Thank you
    Pearl can get very aggressive on Dental offices even with tax liens that have payment plans
    If the ending daily balances are strong, $100k is not out of the question

  6. #6
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    Is this Mendel again? It's a "she" you're saying?
    Either way, it will depend on the tax lien. Personal or business? If it's a business tax lien that is Payroll taxes, that's much hairier - that's like stealing, and not looked on as a "loan" from the government. (I have a client with a $1mm personal tax lien to the IRS, payment plan, and he did it on purpose since the cost is a mere 7% yearly! Cheapest loan he can find....)

  7. #7
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    unique funding solutions has done several of these that jump to mind while typing this--shoot me an email irving@ufsfunding.com
    Irving Winograd
    Unique Funding Solutions
    646-460-3139

  8. #8
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    Quote Originally Posted by abfunders View Post
    Is this Mendel again? It's a "she" you're saying?
    Either way, it will depend on the tax lien. Personal or business? If it's a business tax lien that is Payroll taxes, that's much hairier - that's like stealing, and not looked on as a "loan" from the government. (I have a client with a $1mm personal tax lien to the IRS, payment plan, and he did it on purpose since the cost is a mere 7% yearly! Cheapest loan he can find....)
    no idea who Mendel is

  9. #9
    PM me. I can get this done.

  10. #10
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    Does merchant own his/her office?

  11. #11
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    We can do this!
    Paul Boxer
    Merchant Marketplace

    Chief Operating Officer
    Chief Revenue Officer

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

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