Results 1 to 6 of 6
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04-08-2019, 03:11 PM #1
- Join Date
- Apr 2015
- Posts
- 206
Subcontractor Seeking reconsolidation with weekly payment
Merchant does 120k a month.
Merchant owes Lendr 76k, and paypal 26k.
Paypal is a weekly payment. Would like to lower their payment with lendr and get on a weekly. Who can fund?
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04-08-2019, 03:20 PM #2
- Join Date
- Mar 2019
- Posts
- 9
Crown should possibly be able to get you the best deal here.
please send this file asap to my email below.
Best regards
Jacob Lew
Office (718) 215-7006
Fax (718) 732-2173
jacob@crownfundinggroupinc.com
www.crownfundinggroupinc.com
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04-08-2019, 03:38 PM #3
- Join Date
- Dec 2018
- Location
- 48 Wall St. New York, NY 10005
- Posts
- 271
We could be a player on this one. Send it over and we'll underwrite or shoot me a ring if you want 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
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04-08-2019, 06:37 PM #4
- Join Date
- Apr 2014
- Posts
- 781
A default is upon. Us
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04-09-2019, 01:43 PM #5
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 728
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04-09-2019, 09:22 PM #6
- Join Date
- Mar 2016
- Posts
- 907
This seems like a very fundable deal, but the merchant has an unrealistic expectation. This sounds like a really awesome 3rd position deal, or a really good 2nd position deal paying off Paypal. But Paypal is top notch so i don't think the merchant would want to get rid of them.
Lendr's balance is just too high in my opinion. Maybe merchant takes a 3rd until the balance is low enough to pay them off which should happen come refi time? Let me know your thoughts on this.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
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