Results 1 to 8 of 8
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03-27-2019, 03:36 PM #1Senior Member
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- Apr 2015
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- 206
Who can pay off 89k balance with rapid, Merchant does 250k monthly
Merchant has a first position with Rapid and owes 89k. Merchant would like 250k 2nd position or a first position. Industry type is Auto Mechanic.
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03-27-2019, 03:43 PM #2Member
Reputation points: 1949
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- Nov 2018
- Location
- San Diego, CA
- Posts
- 75
Quarterspot
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03-27-2019, 03:44 PM #3Member
Reputation points: 4817
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- Oct 2018
- Posts
- 99
How much does he do in CC's?
Adam Ward
911 Ave U
Brooklyn NY 11235
adam@Funding-Zone
347-269-1598
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03-27-2019, 06:25 PM #4Senior Member
Reputation points: 6544
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- Dec 2018
- Location
- 48 Wall St. New York, NY 10005
- Posts
- 271
Hello Cash King, we may have some options for you on this one. Feel free to reach out and we can discuss the deal.
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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03-27-2019, 09:57 PM #5Senior Member
Reputation points: 84417
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,955
Am I understanding correctly, the merchant wants to net $250K ? which would require more than 100% of his gross monthly revenue?
Originally Posted by CashAdvanceKing
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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03-27-2019, 10:29 PM #6Senior Member
Reputation points: 676
- Join Date
- Feb 2017
- Posts
- 157
Hi. We can possibly entertain something here. We would need more information.
Please PM me.
PDM Capital
39 Broadway
New York, NY 10006
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03-28-2019, 01:41 PM #7Member
Reputation points: 12
- Join Date
- Nov 2018
- Posts
- 37
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Last edited by DavidM; 07-24-2019 at 10:57 AM.
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03-28-2019, 02:29 PM #8Senior Member
Reputation points: 6957
- Join Date
- Oct 2017
- Posts
- 336
I dont know about $250k on that revenue but i can offer a fresh position. Should be able to get 6 figures or close to it, as long as everything checks out
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