Need to fund quick! (Small Deal)
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  1. #1
    Senior Member Reputation points: 38639 patrickw's Avatar
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    Need to fund quick! (Small Deal)

    Hey guys I have a deal looking for the lowest daily payment possible.
    Industry: Tavern/Vending Company, Annual Rev: 200K.

    Basically I have a 11K at 1.27 (buy) 120 days from Everest. But Merchant need 4/5K and the daily payment has to be no more than $30/35. Lol.

    Declined from: quicksilver/cfg/pearl/fundworks/ondeck
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  2. #2
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    Declined from: quicksilver/cfg/pearl/fundworks/ondeck

    Try Mantis ....fund these secnarios BACK-TO-BACK AM-TO-(late) PM!
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  3. #3
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    Quote Originally Posted by mcaguru View Post
    Declined from: quicksilver/cfg/pearl/fundworks/ondeck

    Try Mantis ....fund these secnarios BACK-TO-BACK AM-TO-(late) PM!
    dude you dont do over 200 payments

  4. #4
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    Quote Originally Posted by mcaguru View Post
    Declined from: quicksilver/cfg/pearl/fundworks/ondeck

    Try Mantis ....fund these secnarios BACK-TO-BACK AM-TO-(late) PM!
    He already has an offer from EBF you can’t beat (1.27 buy over 120 days with a 15 point upsell).

    Or, as it goes, they could submit to Cresthill and get a 1.32 buy over 120 days with a 10 point upsell).

  5. #5
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    Quote Originally Posted by WestCoastFunding View Post
    He already has an offer from EBF you can’t beat (1.27 buy over 120 days with a 15 point upsell).

    Or, as it goes, they could submit to Cresthill and get a 1.32 buy over 120 days with a 10 point upsell).
    Cresthill Capital can now beat many of the other reputable funders.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  6. #6
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    Quote Originally Posted by mcaguru View Post
    Cresthill Capital can now beat many of the other reputable funders.
    Cresthill is using those funders. Why shouldn’t they go straight to the sources rather than being forced to give you guys 5 points to broker?

  7. #7
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    Quote Originally Posted by WestCoastFunding View Post
    Cresthill is using those funders. Why shouldn’t they go straight to the sources rather than being forced to give you guys 5 points to broker?
    Wait! He's brokering??? I though all this time Marcus and his firm are funding these deals internally! Marcus, when telling people on the forum that you are funding deals all day and all night....perhaps you should disclose that you are actually brokering.
    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

  8. #8
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    Quote Originally Posted by kevinhenry0527 View Post
    Wait! He's brokering??? I though all this time Marcus and his firm are funding these deals internally! Marcus, when telling people on the forum that you are funding deals all day and all night....perhaps you should disclose that you are actually brokering.
    Mantis is Direct. Its between ISO and Account Manager were deal gets placed. Many choose to keep only at mantis many want to lean on the relationships and deep-partnerships we have with ONLY a select few other funders (Again we work with ONLY a few GREAT ACTORS) that we are in many cases their largest producing-shops so we can advocate getting deals done on best terms.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  9. #9
    Quote Originally Posted by WestCoastFunding View Post
    Cresthill is using those funders. Why shouldn’t they go straight to the sources rather than being forced to give you guys 5 points to broker?
    Don't forget about the additional 3% PSF for the Cresthill rep.. So 5 pts taken off the commission PLUS an additional 3% PSF

    Where do I sign up???

  10. #10
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    Now you are the LARGEST BROKER to the largest and best MCA shops. No ****.

  11. #11
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    Quote Originally Posted by HDF View Post
    Now you are the LARGEST BROKER to the largest and best MCA shops. No ****.
    Yep. some people dont like the facts.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  12. #12
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    Quote Originally Posted by mcaguru View Post
    Yep. some people dont like the facts.
    Exactly right. Throwing the "We" word around like you guys do anything but shuffle paper and emails has lost many deals for people only to enrich yourself with little of your own effort. Especially affected are the young or inexperienced you prey on in message boards.

  13. #13
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    U are cute!
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  14. #14
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    Quote Originally Posted by mcaguru View Post
    Mantis is Direct.
    I didn’t mention Mantis. I said Cresthill.

  15. #15
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    Quote Originally Posted by WestCoastFunding View Post
    I didn’t mention Mantis. I said Cresthill.
    I'm not complaining. over time ALL will come to see that Cresthill/Mantis is from the best actors in the subprime space and a major advocate in best practices always doing the right thing by all parties that entrust their hard earned work with us. Hence the reason why many of the largest funders in the Country work with us -(most for quite a few years !!).
    Last edited by mcaguru; 12-05-2018 at 06:36 PM.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  16. #16
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    Merchant
    Originating Broker
    Cresthill Submissions Dept.
    Cresthill Account Rep
    Mantis Underwriting
    Yellow/Green/EBF et al.
    Yellow/Green/EBF et al. rep
    Yellow/Green/EBF et. al. funder
    Marcus the Guru

    A lot of mouths to feed for a micro deal you co-broker and specialize in. And you use ISOs own applications which doubtfully give you any expressed right to send merchant information to 3rd and 4th parties if challenged.

  17. #17
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    "We":
    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

  18. #18
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    Quote Originally Posted by mcaguru View Post
    Yep. some people dont like the facts.
    Marcus Clapman 2nd degree connection 2nd Marcus Clapman is a Premium member

    CRESTHILL CAPITAL / **DIRECT FUNDER** /ABLE TO FUND HIGHEST RISK BUSINESSES / HIGHEST COMMISSIONS / 3 HOUR OFFERS/

    West Palm Beach, Florida Area

    Summary: BUSINESS FINANCE PROVIDERS: BIZDEV@CRESTHILLCAPITAL.COM Cresthill Capital, Direct Lender...

  19. #19
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    Cute. Soliciting business as a Direct Lender both here and on LinkedIn. You should be banned. Shame on you.
    Last edited by HDF; 12-05-2018 at 06:44 PM.

  20. #20
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    Quote Originally Posted by HDF View Post
    Merchant
    Originating Broker
    Cresthill Submissions Dept.
    Cresthill Account Rep
    Mantis Underwriting
    Yellow/Green/EBF et al.
    Yellow/Green/EBF et al. rep
    Yellow/Green/EBF et. al. funder
    Marcus the Guru

    A lot of mouths to feed for a micro deal you co-broker and specialize in. And you use ISOs own applications which doubtfully give you any expressed right to send merchant information to 3rd and 4th parties if challenged.
    I am not sure what you are saying but its well known that mantis and cresthill have ZERO relationships with YSC and in fact never worked with them or took their deals.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  21. #21
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    Bump

    Quote Originally Posted by HDF View Post
    Cute. Soliciting business as a Direct Lender both here and on LinkedIn. You should be banned. Shame on you.

  22. #22
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    Mantis has a product that fills a niche in this industry and cresthill can be good for small brokers who have no clue what they doing .
    Why Marcus feels the need to always try to fool people on this forum instead of getting it legitimately is something I never understood. Do business the honest way and your products will talk for themselves.

  23. #23
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    Quote Originally Posted by mcaguru View Post
    Yep. some people dont like the facts.
    Marcus,

    with all due respect.... Anytime anyone even mentions a potential deal on this board you immediately chime in with a post that is somewhat deceptive. Perhaps a better approach would to honestly tell people that the potential prospect does not meet our internal funding requirements, but we have relationships that might have an interest in the deal.

    It is simple-claim you are a funder when you are a funder and a broker when you are a broker.

    Also-Why on earth would you claim you can fund a deal you clearly cannot as a direct funder or a broker? As a factor and lender I don't seem to have time to waste on deals I know are not for us and I certainly don't want to waste time of my referral partners.
    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

  24. #24
    Senior Member Reputation points: 38639 patrickw's Avatar
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    Omg! I just called the merchant and told him so many funders are fighting with each other to give you an approval.
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  25. #25
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    Quote Originally Posted by kevinhenry0527 View Post
    Marcus,

    with all due respect.... Anytime anyone even mentions a potential deal on this board you immediately chime in with a post that is somewhat deceptive. Perhaps a better approach would to honestly tell people that the potential prospect does not meet our internal funding requirements, but we have relationships that might have an interest in the deal.

    It is simple-claim you are a funder when you are a funder and a broker when you are a broker.

    Also-Why on earth would you claim you can fund a deal you clearly cannot as a direct funder or a broker? As a factor and lender I don't seem to have time to waste on deals I know are not for us and I certainly don't want to waste time of my referral partners.
    Kevin - I promote Mantis's Ability to funding just about every sub-prime-file-scenario(outside of 3 restricted industries) because we actually do just that!
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

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