Medical Supply Store Seeking 150k 2nd Position
Need a Funder or Vendor? START HERE

Page 1 of 2 12 LastLast
Results 1 to 25 of 27
  1. #1

    Medical Supply Store Seeking 150k 2nd Position

    I have a client who does 500k monthly. They are seeking 150 over 8 or 9 months. What direct funder can do this deal.

  2. #2
    Senior Member Reputation points: 227883
    Join Date
    Feb 2017
    Posts
    3,449

    Try OnDeck, Kapitus, IOU, QuaterSpot.....
    What's the dirt on the deal that makes it hard?

  3. #3
    Senior Member Reputation points: 6957 ESE5020's Avatar
    Join Date
    Oct 2017
    Posts
    341

    depending on the file, i may be able to do the 150k, but definitely wont be 8-9 months
    East Shore Equities, LLC
    Tel: (516) 784-4298 | Fax: (516) 231-5590
    www.EastShoreEquities.com

  4. #4
    Senior Member Reputation points: 227883
    Join Date
    Feb 2017
    Posts
    3,449

    Quote Originally Posted by ESE5020 View Post
    depending on the file, i may be able to do the 150k, but definitely wont be 8-9 months
    ESE just pulled a #marcus #troll
    If the life saver can't pull the man to shore, don't offer it.

  5. #5
    Senior Member Reputation points: 6957 ESE5020's Avatar
    Join Date
    Oct 2017
    Posts
    341

    Quote Originally Posted by abfunders View Post
    ESE just pulled a #marcus #troll
    If the life saver can't pull the man to shore, don't offer it.
    I get what you're saying and you're right, but in my experience every merchant wants something unrealistic, and they end up settling for the best option out there..
    East Shore Equities, LLC
    Tel: (516) 784-4298 | Fax: (516) 231-5590
    www.EastShoreEquities.com

  6. #6
    Senior Member Reputation points: 227883
    Join Date
    Feb 2017
    Posts
    3,449

    Quote Originally Posted by ESE5020 View Post
    I get what you're saying and you're right, but in my experience every merchant wants something unrealistic, and they end up settling for the best option out there..
    Ummm.... I think anyone on this board can do a 150k/1.49/6 month deal. There are no less than 20 funders who do those I can name off the top of my head.

    Rather than troll, I think it would be more helpful to do things like ask, "What is the problem that this deal can't get funded with the normal A-paper funders that you're coming to DF to ask for help?" "Is it a first position?" "Is there any collateral?" "Is there A/R that can be used to finance them to get them better rates?" "What's the FICO?"

    Etc etc etc....

  7. #7
    Senior Member Reputation points: 340530
    Join Date
    Mar 2015
    Location
    Boynton Beach
    Posts
    3,493

    Quote Originally Posted by CashAdvanceKing View Post
    I have a client who does 500k monthly. They are seeking 150 over 8 or 9 months. What direct funder can do this deal.
    Wait! A medical supply store doing $6Mil/Year..... If they are open 5 days a week they are doing $25k/day.....

    Why is a business like this using cash advances?
    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
    Senior Member Reputation points: 6957 ESE5020's Avatar
    Join Date
    Oct 2017
    Posts
    341

    Quote Originally Posted by abfunders View Post
    Ummm.... I think anyone on this board can do a 150k/1.49/6 month deal. There are no less than 20 funders who do those I can name off the top of my head.

    Rather than troll, I think it would be more helpful to do things like ask, "What is the problem that this deal can't get funded with the normal A-paper funders that you're coming to DF to ask for help?" "Is it a first position?" "Is there any collateral?" "Is there A/R that can be used to finance them to get them better rates?" "What's the FICO?"

    Etc etc etc....
    Well he said its a second position, which means he already has an MCA, which means many of the A paper funders are out of the picture.

    that also answers your first position and collateral question, but i get your point, I will work on my posting for you
    East Shore Equities, LLC
    Tel: (516) 784-4298 | Fax: (516) 231-5590
    www.EastShoreEquities.com

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

    I am not happy with ESE pulling a marcus
    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

  10. #10
    Senior Member Reputation points: 6957 ESE5020's Avatar
    Join Date
    Oct 2017
    Posts
    341

    Quote Originally Posted by mcaguru View Post
    I am not happy with ESE pulling a marcus
    Me either, I wish i could take it back, Pulling a Marcus seems like a really bad thing on DF lately, or so im reading.
    East Shore Equities, LLC
    Tel: (516) 784-4298 | Fax: (516) 231-5590
    www.EastShoreEquities.com

  11. #11
    Senior Member Reputation points: 676
    Join Date
    Feb 2017
    Posts
    157

    We can possibly do it.

    Send to joe@pdmcapital.com



    PDM Capital
    39 Broadway
    New York, NY 10006
    646-876-1055

  12. #12
    Senior Member Reputation points: 6626
    Join Date
    Dec 2018
    Location
    48 Wall St. New York, NY 10005
    Posts
    271

    Our 2nd position offers can go out up to 9 1/2 months,(38 weeks). Medical Supply store falls under our preferred industries. Reach out if you'd like to discuss the deal further.

    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

  13. #13
    Senior Member Reputation points: 54989
    Join Date
    Dec 2013
    Posts
    4,713

    Quote Originally Posted by ESE5020 View Post
    Me either, I wish i could take it back, Pulling a Marcus seems like a really bad thing on DF lately, or so im reading.
    Don't worry its a beginners mistake...
    Last edited by mcaguru; 04-03-2019 at 06:06 PM.
    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

  14. #14
    Quote Originally Posted by mcaguru View Post
    Don't worry its a beginners mistake...
    speaking of mistakes..

  15. #15
    Senior Member Reputation points: 51665
    Join Date
    Mar 2016
    Posts
    657

    Quote Originally Posted by peak solutions llc View Post
    speaking of mistakes..
    oooooooohhhhhhhhh holy snap!

  16. #16
    Senior Member Reputation points: 54989
    Join Date
    Dec 2013
    Posts
    4,713

    I am known to be able to rectify a mistake in minutes. If things seem status Qoe than a mistake was not done.
    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

  17. #17
    Senior Member Reputation points: 107104
    Join Date
    Aug 2016
    Posts
    831

    Quote Originally Posted by mcaguru View Post
    I am known to be able to rectify a mistake in minutes. If things seem status Qoe than a mistake was not done.
    So post the other side of the email

  18. #18
    Senior Member Reputation points: 107104
    Join Date
    Aug 2016
    Posts
    831

    Also comment on mantis reaching out to merchants with out telling their iso.That is a serious allegations

  19. #19
    --
    Last edited by DavidM; 07-24-2019 at 10:58 AM.

  20. #20
    Senior Member Reputation points: 54989
    Join Date
    Dec 2013
    Posts
    4,713

    Love funding 150k's....we do many...i think we fund with the same ease as a 60K !
    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

  21. #21
    We would take a look at the file. We funded something similar the other day.



    Josh Kay | Jiffy Capital | Josh@Jiffycapital.com | 212-631-7565

  22. #22
    Senior Member Reputation points: 340530
    Join Date
    Mar 2015
    Location
    Boynton Beach
    Posts
    3,493

    Why is everyone looking for a hot dog when the client needs a cheese burger. This is a $6Mil revenue business! There is a bigger and better deal to be had here..... Supersize that deal with fries and a coke.
    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

  23. #23
    Senior Member Reputation points: 97075
    Join Date
    Jun 2015
    Posts
    754

    Quote Originally Posted by mcaguru View Post
    Love funding 150k's....we do many...i think we fund with the same ease as a 60K !
    What about peak solutions?

  24. #24
    Senior Member Reputation points: 71352
    Join Date
    Mar 2016
    Posts
    908

    If the merchant is doing 500k monthly consistently, has been paying his current MCA without any problem, solid credit and good balances i can get you the 150k 1.39-1.47 120-150 payments if all of those boxes are checked feel free to call.
    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

  25. #25
    Senior Member Reputation points: 54989
    Join Date
    Dec 2013
    Posts
    4,713

    Quote Originally Posted by Lmonus View Post
    If the merchant is doing 500k monthly consistently, has been paying his current MCA without any problem, solid credit and good balances i can get you the 150k 1.39-1.47 120-150 payments if all of those boxes are checked feel free to call.
    Solid credit? they don't need SHORT term mca! again maybe solid to you means something diffrent to what the world calls solid.
    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. Retail Store Seeking 10 to 15k 2nd position
    By CashAdvanceKing in forum Deal Bin
    Replies: 10
    Last Post: 11-13-2018, 03:26 PM
  2. Seeking 4th position 150k
    By CashAdvanceKing in forum Deal Bin
    Replies: 18
    Last Post: 08-27-2018, 02:13 PM
  3. retail store seeking 150k by tomorrow. 3rd position
    By CashAdvanceKing in forum Deal Bin
    Replies: 6
    Last Post: 07-13-2018, 12:37 PM
  4. Replies: 5
    Last Post: 04-03-2018, 03:37 PM
  5. Replies: 15
    Last Post: 08-21-2017, 04:07 PM


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

eBay announces new MCA program
Lendistry welcomes new CFO
LegalZoom partners w/ businessloans.com


DIRECTORY