Results 1 to 20 of 20
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02-11-2019, 04:38 PM #1
- Join Date
- Oct 2017
- Posts
- 36
Aggressive 2nd position funder
I have a second position I need funded
She just took 30k for a first and needs 12k behind it
Retail store open about a year does 500k a year, any ideas..Rprg turned down as did Fox
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02-11-2019, 04:50 PM #2
- Join Date
- Oct 2016
- Posts
- 4,318
Ysc.
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02-11-2019, 04:58 PM #3
- Join Date
- Dec 2013
- Posts
- 4,713
Mantis....we fund hours after offer.
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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02-11-2019, 06:04 PM #4
- Join Date
- Dec 2018
- Location
- 48 Wall St. New York, NY 10005
- Posts
- 271
We give very aggressive offers in 2nd and 3rd position deals. Reach out and I can get our full guidelines over to you and discuss this deal!
Thanks,
Jeff Pecori
ISO Relations manager
VitalCap Fund
48 Wall St. New York, NY 10005
P. 850.630.7509
F. 646.219.7949
jeff@vitalcapfund.com
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02-11-2019, 11:36 PM #5
- Join Date
- Feb 2019
- Posts
- 11
We do 2nd positions too. If you like send me the file, I will try to give you the best offer. My email is al@parfunding.com
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02-12-2019, 08:35 AM #6
- Join Date
- Oct 2016
- Posts
- 4,318
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02-12-2019, 09:29 AM #7
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,493
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
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02-12-2019, 10:02 AM #8
- Join Date
- Jan 2017
- Posts
- 389
Have you signed up with us yet? We are known for are great second position offers.
Paul Boxer
Merchant Marketplace
Chief Operating Officer
Chief Revenue Officer
Cell: (516) 805-9209
paul@merchantmarketplace.com
www.merchantmarketplace.com
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02-12-2019, 11:03 AM #9
- Join Date
- Dec 2018
- Posts
- 132
Here at Mr Advance is very fast at giving offers jayson@mradvancellc.com
2nd-3rd positions are our sweetspot
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02-12-2019, 11:18 AM #10
You need to review this deal more carefully. They do $500K a year, which means approx 42K a month. they just got $30K. What are the terms? The monthly pulls? Sounds like you are having issues with your magical # of $12K, because the first funder is taking too much of gross. If you are taking 25-30% of gross to pay off cash advances, the merchant will either blow everyone off and default, or call up in a month or two, cry about not being able to afford payments, and demand reduced payments (which will kill them on any renewal or third pos attempts)
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02-12-2019, 11:30 AM #11
- Join Date
- Feb 2018
- Posts
- 1,349
broker and merchant just want the $$ there is no thought process on % of gross coming out.
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02-12-2019, 09:24 PM #12
- Join Date
- Feb 2019
- Posts
- 11
Agree, 100% true
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03-07-2019, 10:26 PM #13
- Join Date
- Jan 2019
- Posts
- 117
im sure its too late, but jeff pecori, vital cap 9-9 1/2 month second and thirds never seen it before. Very high commissions as well, but I dont know their revenue minimums on retail
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03-08-2019, 10:01 AM #14
- Join Date
- Jul 2017
- Posts
- 548
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03-08-2019, 01:36 PM #15
- Join Date
- Dec 2018
- Location
- 48 Wall St. New York, NY 10005
- Posts
- 271
Hey K lion, thanks for the recommendation. Yes, our 2nd positions max out at 9 1/2 months. Our 3rd's max out a 7 months. Retail falls under our preferred industries which requires a $15k gross monthly minimum.
Jeff Pecori
ISO Relations manager
VitalCap Fund
48 Wall St. New York, NY 10005
P. 850.630.7509
F. 646.219.7949
jeff@vitalcapfund.com
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03-09-2019, 07:50 PM #16
- Join Date
- Nov 2018
- Posts
- 23
Deal bin?
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03-10-2019, 10:39 PM #17
- Join Date
- Jul 2018
- Posts
- 193
try everest and forward finance
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03-11-2019, 11:56 AM #18
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03-22-2019, 02:42 PM #19
2nd and 3rd position offers are our sweet spot. Call me to 305-420-8473 and we can discuss how we operate as a funding house and what we have to offer. Looking forward to it. Have a good day.
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03-22-2019, 03:52 PM #20
- Join Date
- Oct 2016
- Posts
- 4,318
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