Cheese and Wine Bar Seeking 50k
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  1. #1

    Cheese and Wine Bar Seeking 50k

    I have a client who has an ondeck loan, QS, and Fundkite loan. The merchant would like to get more money. He does close to 300k a month. The merchant will not take any loan above a 1.45 factor rate and no more than 3% in fees. If anyone can fund this deal please PM me.

  2. #2
    4th position, I can fund it

    Jayson@mradvancellc.com

  3. #3
    Senior Member Reputation points: 338677
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    Well....after the 4th and the Company goes out of business, I hope somebody grabs the wine and cheese.
    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

  4. #4
    Veteran Reputation points: 135672 Chambo's Avatar
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    Does $300K per month, but what are the outstanding balances? What are they taking monthly? In other words, is there any room for another position?

    Is the Fundkite deal a reverse, or straightforward advance?

  5. #5
    Senior Member Reputation points: 70961
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    Quote Originally Posted by CashAdvanceKing View Post
    I have a client who has an ondeck loan, QS, and Fundkite loan. The merchant would like to get more money. He does close to 300k a month. The merchant will not take any loan above a 1.45 factor rate and no more than 3% in fees. If anyone can fund this deal please PM me.
    UFS, Queen, just to name 2

  6. #6
    Senior Member Reputation points: 676
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    We can take a look at it.
    PDM Capital
    39 Broadway
    New York, NY 10006
    646-876-1055

  7. #7
    Senior Member Reputation points: 6544
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    [QUOTE=CashAdvanceKing;120834]I have a client who has an ondeck loan, QS, and Fundkite loan. The merchant would like to get more money. He does close to 300k a month. The merchant will not take any loan above a 1.45 factor rate and no more than 3% in fees. If anyone can fund this deal please PM me.[/QUOTE

    This deal has potential for an offer from us.

    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

  8. #8
    Senior Member Reputation points: 54989
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    Mantis will do a FASTBALL OFFER. (request in subject RUSH) we fund many large deals these days in FASTBALL MODE )
    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

  9. #9
    Senior Member Reputation points: 212
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    Sounds like a deal we look for.
    love the bar/restaurants

    email me - eli@appfunding.com

  10. #10
    Senior Member Reputation points: 50201
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    Quote Originally Posted by CashAdvanceKing View Post
    I have a client who has an ondeck loan, QS, and Fundkite loan. The merchant would like to get more money. He does close to 300k a month. The merchant will not take any loan above a 1.45 factor rate and no more than 3% in fees. If anyone can fund this deal please PM me.
    DM on FIRE!

  11. #11
    Senior Member Reputation points: 71352
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    Quote Originally Posted by CashAdvanceKing View Post
    I have a client who has an ondeck loan, QS, and Fundkite loan. The merchant would like to get more money. He does close to 300k a month. The merchant will not take any loan above a 1.45 factor rate and no more than 3% in fees. If anyone can fund this deal please PM me.
    Ide love to take a look at this submission as long as the FundKite position is NOT a reverse.
    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

  12. #12
    Sponsor Reputation points: 9187 DannyFoxCap's Avatar
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    Miami, FL
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    Fox
    Direct: 347-468-7528
    Cell: 305-753-3967
    Fax: 866-557-0455
    Email: Danny@foxbusinessfunding.com

  13. #13
    Senior Member Reputation points: 203690
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    where do you find these merchants that want a 1.45 lol your pms are lit right now with lenders and isos posing to be lenders i bet

  14. #14
    Cooper can help. What are the first three positions pulling?

    Robert S Bloink
    EVP of ISO Partnerships
    Direct: 248-341-9477
    Email: bb@cooperasset.com
    Web: www.cooperasset.com

  15. #15
    I know its late but we could have done that - give us a try next time
    Ben Terner
    VP of ISO Relations
    Direct: 248-341-9789
    Email: bterner@cooperasset.com
    Web: www.cooperasset.com


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