Results 1 to 4 of 4
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05-29-2019, 07:35 PM #1
- Join Date
- Jul 2018
- Location
- Ft lauderdale, FL
- Posts
- 37
Real estate
Hey All,
I have a merchant in the real estate fix and flip niche that is looking for 30-50k and is willing to use real estate as collateral.
He does about 20k a month, owns a property free and clear that is valued at about 65k
No MCA balances, tax liens, or hx of bankruptcy
His CS is just under 600
I wanted to send him to a couple of places but due to his credit score and annual revenue, he does not qualify
Can anyone help? Thanks!
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05-30-2019, 08:58 AM #2
- Join Date
- Jun 2018
- Posts
- 55
Hello Nikki!
I'd love to help out. This sounds like a perfect deal for us at WBL. We base our pricing on the collateral more than the deposit volume.
Give me a call or an email
929-361-4156
dfite@wbl.com
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05-30-2019, 11:26 AM #3
- Join Date
- Dec 2013
- Posts
- 4,713
Mantis has funded Fix and flip business model using the merchants cash flow. NOT THE RE
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
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05-30-2019, 11:41 AM #4
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,993
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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