Need to fund this quick!
Need a Funder or Vendor? START HERE

Results 1 to 9 of 9
  1. #1
    Senior Member Reputation points: 38639 patrickw's Avatar
    Join Date
    Mar 2017
    Posts
    590

    Need to fund this quick!

    I have a deal that got killed in final underwriting.

    He has 2 balance around 120K
    I had a 21k offer which was killed due to

    4 neg days
    3 NSF
    bounced payments on MCA on 2/1

    business type: upper end linens for Bed Bath, unusual gifts for the home

    avg sales: $51 733
    Last edited by patrickw; 02-19-2019 at 05:35 PM.
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  2. #2
    Senior Member Reputation points: 6957 ESE5020's Avatar
    Join Date
    Oct 2017
    Posts
    341

    I can consider this deal, feel free to send in, not sure if I can get you the 21k but may be close to it as long as he is not still bouncing in MTD
    East Shore Equities, LLC
    Tel: (516) 784-4298 | Fax: (516) 231-5590
    www.EastShoreEquities.com

  3. #3
    Senior Member Reputation points: 47257
    Join Date
    Apr 2013
    Location
    Basalt CO
    Posts
    867

    Cue Marcus from Cresthill.
    I put my contact info in here, and
    was bombarded with spam from funders
    if you need to reach me PM me

  4. #4
    Senior Member Reputation points: 71352
    Join Date
    Mar 2016
    Posts
    908

    Patrick - send me the deal asap. As long as the revenue isnt down and the balances are somewhat decent throughout the positive days, i should be able to get this priced. Ill look out for it.
    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

  5. #5
    Senior Member Reputation points: 38639 patrickw's Avatar
    Join Date
    Mar 2017
    Posts
    590

    Quote Originally Posted by Lmonus View Post
    Patrick - send me the deal asap. As long as the revenue isnt down and the balances are somewhat decent throughout the positive days, i should be able to get this priced. Ill look out for it.
    Sent
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  6. #6
    Quote Originally Posted by patrickw View Post
    I have a deal that got killed in final underwriting.

    He has 2 balance Ondeck 107K, around 15K with fox funding.
    I had a 21k offer which was killed due to

    4 neg days
    3 NSF
    bounced payments on MCA on 2/1

    business type: upper end linens for Bed Bath, unusual gifts for the home

    avg sales: $51 733
    Surprised that funders are lining up to be 3rd in line. Merchant has ~250% of monthly rev outstanding and has 4 neg days on the 19th? I wouldn't syndicate If I were you.

  7. #7
    Senior Member Reputation points: 54989
    Join Date
    Dec 2013
    Posts
    4,713

    Quote Originally Posted by skideeppow View Post
    Cue Marcus from Cresthill.
    thanks buddy !
    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

  8. #8
    Senior Member Reputation points: 198007
    Join Date
    Mar 2017
    Location
    Nunya
    Posts
    830

    Quote Originally Posted by mcaguru View Post
    thanks buddy !
    Took you more than an hour to reply!? What were you doing, stealing the underwriters' chairs again?

  9. #9
    Senior Member Reputation points: 54989
    Join Date
    Dec 2013
    Posts
    4,713

    Quote Originally Posted by Nunya View Post
    Took you more than an hour to reply!? What were you doing, stealing the underwriters' chairs again?
    No ...they need to sit believe me they have been funding Non-Stop.
    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

Similar Threads

  1. Replies: 6
    Last Post: 05-19-2020, 11:14 AM
  2. Need to fund quick! (Monthly)- A++
    By patrickw in forum Merchant Cash Advance
    Replies: 6
    Last Post: 12-27-2018, 12:20 PM
  3. Need to fund quick! (Small Deal)
    By patrickw in forum Deal Bin
    Replies: 33
    Last Post: 12-06-2018, 01:33 PM
  4. looking for quick lenders/fund/terms
    By golf2014 in forum Merchant Cash Advance
    Replies: 12
    Last Post: 09-11-2014, 08:53 AM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Blue Owl Capital acquires Atalaya
Kansas added to disclosure service tool
FIS launches SMB digital lending


DIRECTORY