Who's Doing The Smaller 2nds - 4ths ?
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  1. #1

    Who's Doing The Smaller 2nds - 4ths ?

    Looking for funders that will do decent 2nds - 3rds for the smaller ($15K-$40K REV) and not so clean (500s credit and 3-6 neg days) merchants that won't be the 1.49 60-75 day variety.

    Seems like I have a big gap between the Knight/EBF/Expansion tier to the YSC tier...

    Any suggestions????

  2. #2
    Try WG Capital. They do some pretty out of the box stuff

  3. #3
    AJ Equity can fund these. They'd be at a 1.49 with max upsell in but we'd offer 85-115 days depending on the deal. We also only need DL, VC, COJ to fund. No rent checks, no mortgage statements, no business license, no credit card statements, etc.. Just the good old DL, VC, and COJ. We also do all of our underwriting upfront. Only reason we should ever kill a deal after contract comes back is for bank login and even then we still try to fund by lowering our offer.
    Last edited by ajequitymatt; 01-10-2019 at 11:26 AM. Reason: i wanted to add more reasons to sign up

  4. #4
    Senior Member Reputation points: 54989
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    Mantis Funding. Offers in Hours...Funds Same Day (as submission) with Contracts back!.... Will fund the 180K deal with the same ease as a 25K! .... Renewal-Lock on your deals! we also have one of the LARGEST MICRO-FUNDING-PROGRAM.....

    SIGN-UP TODAY!!!
    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

  5. #5
    Senior Member Reputation points: 6957 ESE5020's Avatar
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    We will make offers on these as long as the revenue can support it
    East Shore Equities, LLC
    Tel: (516) 784-4298 | Fax: (516) 231-5590
    www.EastShoreEquities.com

  6. #6
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    Quote Originally Posted by LYC View Post
    Looking for funders that will do decent 2nds - 3rds for the smaller ($15K-$40K REV) and not so clean (500s credit and 3-6 neg days) merchants that won't be the 1.49 60-75 day variety.

    Seems like I have a big gap between the Knight/EBF/Expansion tier to the YSC tier...

    Any suggestions????
    You just described 50% of our entire pipeline - We probably funded 30-40M in just those type of deals in 2018, you might want to try us out.... Look forward to hearing from you.
    Last edited by Lmonus; 01-10-2019 at 04:07 PM.
    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

  7. #7
    I have to give credit to both CFG and Lior. CFG is a great company and Lior is an awesome person. BUT!!!!!! Don't forget about AJ Equity. We also fund merchants with negative days, low credit, and doing 15k-40k a month in revenue. We are very competitive when it comes to these type of files.

  8. #8
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    Peter@atlasadvancedfunding.com funds Defaulted Merchant
    Also he does Micro deals 2-10K 60 days even if its a default

  9. #9
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    We do! Have you signed up with us yet?
    Paul Boxer
    Merchant Marketplace

    Chief Operating Officer
    Chief Revenue Officer

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

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