[JP Funding Group]

I have a company who does Payday Loans and is looking for working capital.
Needs 2-5 Million to grow company, has more paper than capital and is looking to expand the business to cover all the opportunities available.
The company does approximately 13 Million annually.
Let me know if anyone would lend to this genre.

[mcaguru]

what state

[JP Funding Group]

Missouri

[loansharkbully]

call me 732-877-7666

[mcaguru]

you win screen name of the year !

[mcaguru]

Missouri

well with the last abortion clinic closing in that state i guess there is more room for payday retail expansion opportunities...Sadly i think evrey state needs abortion clinics for the right reasons when they should be acceptable on the mom to choose.

[ACH_Processor]

Finding working capital for your client is priority of course and the focus of your post. I fully support that cause, just don't have any leads for you.

Perhaps I can add some value to your relationship in another way. I run an ACH processing company. Do you know if your client is leveraging ACH to manage repayments, fund loans and/or for collections/recovery?

We've had a lot of success in payday, installment and short-term consumer lending (non-tribal only). We can identify areas of improvement that go overlooked, resulting in reduced operated expenses and increased earnings. We are integrated with a variety of SaaS platforms that service the space and have our own home grown technology as well.

Maybe this note is premature in your relationship, but feel free to shoot me an email if you ever want to schedule a call. Maybe there's something here.

Wishing you well in your search for funding!

vinny@actumprocessing.com

[mcaguru]

There are a nice handful of funding companies for the payday industry ...Is there any hair on the deal otherwise would be like a grocery store having trouble getting Pepsi ...for payday operators cash is the inventory and seems to me like many companies would line up to at the minimum discuss a facility... unless there is an issue with the portfolio. ( i don't know im asking but dont really need a reply--this aint my sector)

[Kevin Henry-Seacoast]

The ask is for $2-$5mil. Marcus, I don't think your checkbook is that big......

[Big Mack]

The ask is for $2-$5mil.

Just a minor detail.

[mcaguru]

The ask is for $2-$5mil. Marcus, I don't think your checkbook is that big......

There you go assuming again.

[Kevin Henry-Seacoast]

Marcus-there are hardly any advance companies writing checks above $2Mil. If you have ever written. a $5Mil check I will treat you to lunch at Batch in your building.

[mcaguru]

Marcus-there are hardly any advance companies writing checks above $2Mil. If you have ever written. a $5Mil check I will treat you to lunch at Batch in your building.

was talking credit facilities that what pay day advance firms use to get funding -