Higher risk merchant wants 6 month+ deall
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  1. #1
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    Higher risk merchant wants 6 month+ deall

    I have a high risk merchant due to low credit score and open lien-but business cash flow is impressive. He has received some quotes but seeks a term longer than 4 months. Which funding companies are best suited to fund this type of scenario?

    CAN SOMEONE PLEASE PM ME THOSE UNDERWRITERS THAT WILL GIVE 'REASONABLE' RATES ON 6 TO 12 MONTH FUNDING? I don't want to waste my time and effort ringing every ones doorbell. Much appreciated. Thank you.
    Last edited by JMKFunding; 09-06-2014 at 09:09 PM. Reason: emphasis

  2. #2
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    Higher risk merchant wants 6 month+ deall

    Yea my company can definitely look into that shoot me an email steven@samsonpartnersllc.com

  3. #3
    Senior Member Reputation points: 32658 Zach's Avatar
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    I can most likely get this done, depending on the size of lien & credit profile. Please send to newdeals@corebusinessloans.com
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  4. #4

    Higher risk merchant wants 6 month+ deall

    I can help 860 478 4378

  5. #5
    Senior Member Reputation points: 13596 isaacdstern's Avatar
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    Higher risk merchant wants 6 month+ deall

    YSC funds more high risk files than any other funder out there. 800-955-2411

  6. #6
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    We have some private money relationships that have unique underwriting guidelines. Did one last month with 300K in tax liens and 26 negative days in past 3 months. PM me and we'll get it done if it makes sense.

  7. #7
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    Do you go beyond 4 months?

  8. #8
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    Higher risk merchant wants 6 month+ deall

    Do you go beyond the 4 months that I typically see?

  9. #9

    Higher risk merchant wants 6 month+ deall

    Call me I can help 8604784378 or email me at blynch@batterupcapital.com

  10. #10

    Higher risk merchant wants 6 month+ deall

    Try Andy or Tyler at new era 302-883-8406

  11. #11
    Senior Member Reputation points: 32658 Zach's Avatar
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    Higher risk merchant wants 6 month+ deall

    Depending on the deal, we can do some high-risk merchants at 9 months. It's a case by case basis, but I'm sure our offer would be the most competitive.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  12. #12
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    Quote Originally Posted by JMKFunding View Post
    Do you go beyond the 4 months that I typically see?
    If they have the legs to go the distance they will get the longer term. Look, I don't know if you are new to lending, but offers are based on past portfolio performance. It's that simple. A lot of talk happens on here but the reality is that nobody will loan money to a business that is perceived as a risk as an ongoing concern. If you want a professional analysis, PM me and we'll look at it.
    Last edited by FUNd; 09-07-2014 at 10:13 PM.

  13. #13
    Higher Risk clients can collateralize their loans with a World Business Lender solution.
    Jon Kaufman
    212-220-0173
    M 646-408-0200
    jkaufman@wbl.com

  14. #14
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    Retail Capital and Yellowstone are the best answers for High Risk deals

  15. #15
    They ALL claim that they take 'high risk' but when it comes down to it most lenders in the unsecured space will hold back on term or amount offered. At WBL we also provide collateralized solutions. Put some skin in the game and we can extend you out to 12 months. Let's see the file and make an offer
    Jon
    jkaufman@wbl.com
    212-220-0173

  16. #16
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by JMKFunding View Post
    I have a high risk merchant due to low credit score and open lien-but business cash flow is impressive. He has received some quotes but seeks a term longer than 4 months. Which funding companies are best suited to fund this type of scenario?

    CAN SOMEONE PLEASE PM ME THOSE UNDERWRITERS THAT WILL GIVE 'REASONABLE' RATES ON 6 TO 12 MONTH FUNDING? I don't want to waste my time and effort ringing every ones doorbell. Much appreciated. Thank you.
    The "open lien" part caught my eye. This is dangerous for any funder, because the holder of that lien can come in and levy bank account if they are not getting paid. Any cash advance company would be out of luck and have to wait

  17. #17
    An easy collateralized solution from WBL is waiting for you; 6-9 months is easy
    Contact me: jon Kaufman
    jkaufman@wbl.com
    212-220-0173

  18. #18
    Cooper will do longer than 4 months, for the right high risk files. We routinely fund in the face of existing tax Liens, etc-

    Robert S Bloink
    EVP of ISO Partnerships
    Direct: 313-218-4663
    Email: bb@cooperasset.com
    Web: www.cooperasset.com
    logo-01smaller.jpg

  19. #19
    Fast Advance Funding can provide 3 - 12 month terms. Of course it needs to make sense for both parties. Call Anthony at 215.642.0686

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