Non profit (Church)
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  1. #1

    Non profit (Church)

    Non profit (Church) Deposits 50K Just finished paying a loan yesterdy and has a renewal offer for 25K/309 Daily.
    Anyone can beat that? Could be closed before noon

  2. #2
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    Will SFS do this? If B paper then maybe something like Fundworks?

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  4. #4
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    Quote Originally Posted by Michael_Prompt View Post
    Pearl
    at 85 days

  5. #5
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    Cresthill Capital gets them done if your signed up
    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
    Veteran Reputation points: 135672 Chambo's Avatar
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    The issue you will run into with A-B paper guys for a Non Profit is in the company's resolution. Is the non profit ALLOWED to take outside financing? Churches receive most of their money from donations....how would parishioners feel if they knew their money was going to pay back 35-45% money?

  7. #7
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    Quote Originally Posted by Chambo View Post
    The issue you will run into with A-B paper guys for a Non Profit is in the company's resolution. Is the non profit ALLOWED to take outside financing? Churches receive most of their money from donations....how would parishioners feel if they knew their money was going to pay back 35-45% money?
    Better than the Church going folks paying 70-90%....
    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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    Personally I love personally funding churches. If they fail to pay you just file the COJ and you get to seize the whole church — even seize their parishioners. And the parishioners are awesome because you get 10-15% if their paychecks every Sunday for life. If they fail to pay each Sunday, you remind them to pay up or they’ll go to hell. Most effective collection process ever.

  9. #9
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    Quote Originally Posted by WestCoastFunding View Post
    Personally I love personally funding churches. If they fail to pay you just file the COJ and you get to seize the whole church — even seize their parishioners. And the parishioners are awesome because you get 10-15% if their paychecks every Sunday for life. If they fail to pay each Sunday, you remind them to pay up or they’ll go to hell. Most effective collection process ever.
    Always best to execute your COJ on Pancake Breakfast day....just sayin'....
    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

  10. #10
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    Quote Originally Posted by WestCoastFunding View Post
    Personally I love personally funding churches. If they fail to pay you just file the COJ and you get to seize the whole church — even seize their parishioners. And the parishioners are awesome because you get 10-15% if their paychecks every Sunday for life. If they fail to pay each Sunday, you remind them to pay up or they’ll go to hell. Most effective collection process ever.
    About a year ago I had a clown from 1st Global telling me that they do WBL-type deals using the churches as collateral.

  11. #11
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    Quote Originally Posted by WestCoastFunding View Post
    Will SFS do this? If B paper then maybe something like Fundworks?
    SFS does not fund religious organizations anymore.
    Matthew Reiser
    Vice President of Business Development
    Kapitus
    (646) 722-1503
    mreiser@kapitus.com

  12. #12
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    I have one funder here at CFG who likes Non profits - feel free to run this by me if you chose too.
    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

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