Results 1 to 19 of 19
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09-06-2014, 12:21 AM #1
- Join Date
- Jun 2014
- Location
- New York
- Posts
- 22
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
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09-06-2014, 12:52 AM #2
- Join Date
- Jul 2014
- Posts
- 196
Higher risk merchant wants 6 month+ deall
Yea my company can definitely look into that shoot me an email steven@samsonpartnersllc.com
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09-06-2014, 01:21 PM #3
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
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09-06-2014, 05:56 PM #4
- Join Date
- Sep 2014
- Posts
- 5
Higher risk merchant wants 6 month+ deall
I can help 860 478 4378
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09-06-2014, 09:34 PM #5
Higher risk merchant wants 6 month+ deall
YSC funds more high risk files than any other funder out there. 800-955-2411
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09-06-2014, 09:59 PM #6
- Join Date
- Jul 2014
- Posts
- 1,746
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.
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09-06-2014, 11:28 PM #7
- Join Date
- Jun 2014
- Location
- New York
- Posts
- 22
Do you go beyond 4 months?
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09-06-2014, 11:29 PM #8
- Join Date
- Jun 2014
- Location
- New York
- Posts
- 22
Higher risk merchant wants 6 month+ deall
Do you go beyond the 4 months that I typically see?
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09-07-2014, 11:31 AM #9
- Join Date
- Sep 2014
- Posts
- 5
Higher risk merchant wants 6 month+ deall
Call me I can help 8604784378 or email me at blynch@batterupcapital.com
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09-07-2014, 02:46 PM #10
- Join Date
- Aug 2014
- Posts
- 49
Higher risk merchant wants 6 month+ deall
Try Andy or Tyler at new era 302-883-8406
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09-07-2014, 07:47 PM #11
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
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09-07-2014, 10:09 PM #12
- Join Date
- Jul 2014
- Posts
- 1,746
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.
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09-08-2014, 10:13 AM #13
- Join Date
- Aug 2014
- Posts
- 21
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
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09-09-2014, 07:11 AM #14
- Join Date
- Jun 2014
- Posts
- 195
Retail Capital and Yellowstone are the best answers for High Risk deals
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09-09-2014, 09:09 AM #15
- Join Date
- Aug 2014
- Posts
- 21
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
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09-09-2014, 10:54 AM #16
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09-09-2014, 12:14 PM #17
- Join Date
- Aug 2014
- Posts
- 21
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
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09-10-2014, 03:15 PM #18
- Join Date
- Jun 2014
- Posts
- 541
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
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09-12-2014, 02:06 PM #19
- Join Date
- Jan 2014
- Posts
- 44
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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