[RichardGerard]

Not Unsecured credit cards- actual bank revolvers up to 250k.

We are working exclusively with 3 separate banks in the NY Metro area that are providing Unsecured LOC's for business owners with strong credit profiles.


Bank statements are not reviewed- so clients that have MCA positions are not a concern. Actual losses on returns are not a challenge either- within reason.

Package is: last filed Corporate return (with K-1), & our application


Process takes 5 business days. Interest rates (NOT FACTOR RATES) are approximately 10% revolving annually with a one month clean up.

Email me: rg@businesscapitalconsultants

**Can also do Pennsylvania and Massachusetts

[Zonefund]

Whats total commission?

If i refer it, to all the paper work, get you stips etc, what % do you pay your iso? If its 50 50 like I've heard from folks that have done business with you (and still put in a lot of work, bringing the lead, collecting stips, etc) then that is def not a fair deal.

[RichardGerard]

Good Morning Zonefund.

While I can empathize with your reply, and truly understand the cost of lead acquisition and the importance of ROI, the question is would you like to make 50% of something or 100% of nothing?

If you have a client that is stacked- yet still has strong credit, you now have a way to assist them, and gain their trust moving forward. This client will now not have a daily payment, but rather have a monthly interest only payment of less than 1% of the outstanding balance. For these clients and files- this is a game changer, and the goodwill and trust accumulated will likely pay long-term dividends.

We charge a one time 5% success/consulting fee to the client after they have been wired capital- and this is understood/approved by the banks we work with.

Thank you for your reply.

RG

[RickyR3712]

Richard
Will you ever send a client to another mca place that you have a "great" relationship with because you have an exit plan to get him a bank loan blah blah blah or do you strictly only do bank type financing?

[RichardGerard]

Ricky,

Pretty much all the folks here have MCA relationships. We are not hoping to provide 'great' MCA contacts. With this program the value add is that we have Bank Partners that seek our assistance to help find them more clients/depositors. That the product does not require collateral or a full underwriting component (or even a cursory bank statement scrutiny) is the opportunity for clients that have senior debt- and more- to get a very low cost of capital option.

RG

[dfite]

Richard,

This sounds like a great product! I'd love to get some more specific information on it. Send me an email with your underwriting guidelines and commission structure please.

dfite@umbrellafundingllc.com

[therosefunder]

I am also interested in finding out more bander@therosefunder.com