Funding Options | Buyouts | Suggestions
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  1. #1
    Member Reputation points: 10 VVS Funding's Avatar
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    Lightbulb Funding Options | Buyouts | Suggestions

    DF,

    I have a merchant who owes approximately 50k to Biz Fund & Lendini, as well as being funded on the 19th of April for 38k BY EBF. Does anybody want to take a crack at this? What can be done? I was thinking a buyout. Let me know!

    Industry: Organic Food Delivery
    Revenue: Over 100k / Month.
    5920 18TH AVENUE BROOKLYN NY 11204 | don@vvsfunding.com | www.vvsfunding.com

  2. #2
    Veteran Reputation points: 135672 Chambo's Avatar
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    sounds like merchant owes about $100K to three funds. Does "over 100K" (is that like $125K, or 625K?)

    If they are not doing $200-250 per month, I do not see a buyout happening.

  3. #3
    Depending on their receivables balance, we could potentially propose a factoring deal that would include a buyout of both merchants. Happy to take a look if they want to consider this route.
    Alyssa Akins, COO | Evergreen Funding, Inc. | alyssa@evgfunding.com | 888-344-7522, ext. 101 | www.evgfunding.com

  4. #4
    Senior Member Reputation points: 6957 ESE5020's Avatar
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    We don't buy anyone out, but if he is willing and able to accept another position, sounds like something i can offer on
    East Shore Equities, LLC
    Tel: (516) 784-4298 | Fax: (516) 231-5590
    www.EastShoreEquities.com

  5. #5
    Sponsor Reputation points: 9187 DannyFoxCap's Avatar
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    We can give you a fourth if there is room, it depends on his payments.
    Direct: 347-468-7528
    Cell: 305-753-3967
    Fax: 866-557-0455
    Email: Danny@foxbusinessfunding.com

  6. #6
    Senior Member Reputation points: 6544
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    We can definitely take a look at this one. Reach out if you'd like to discuss the deal further.

    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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