Results 1 to 25 of 40
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06-26-2019, 01:29 PM #1
- Join Date
- Jun 2017
- Posts
- 2,049
What Company does this Madness?????
I have a Merchant.
160k Is his highest Month CC Volume.
98k Lowest Month.
180kish a Month in Bank Volume, sometimes up to 200k.
Merchant has an Offer of $200k at a 1.23 - a 1.23!!!!!!!!!!
at a 12% Holdback of CC's
What LENDER is doing this!!!!! I dont know if hes getting lied to or what.
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06-26-2019, 01:40 PM #2
- Join Date
- Dec 2013
- Posts
- 4,713
Why wont he tell you who. ? (PS: Shout out to my wife who packed me a lunch!!)...
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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06-26-2019, 01:45 PM #3
- Join Date
- Jun 2018
- Posts
- 462
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06-26-2019, 01:47 PM #4
- Join Date
- Dec 2013
- Posts
- 4,713
Do we need to slow down on funding to please you LOL
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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06-26-2019, 01:50 PM #5
- Join Date
- Jun 2017
- Posts
- 2,049
Because he knows what a cuthroat **** i am.
He said he will tell me after it funds.
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06-26-2019, 01:50 PM #6
- Join Date
- Jun 2018
- Posts
- 462
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06-26-2019, 01:53 PM #7John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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06-26-2019, 01:54 PM #8
- Join Date
- Jun 2017
- Posts
- 2,049
Its not a 140k Average.
108 is AVerage over past 6 Months in CC Sales.
And it is only 12% Visa/MC.
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06-26-2019, 01:58 PM #9
- Join Date
- Oct 2014
- Location
- Naples, FL
- Posts
- 474
A couple questions to narrow it down... 1) how long has he been in business? (if more than 10 years, it's BFS). 2) What are the closing/origination fees? (if none, it's Rapid Advance).
I think it's BFS... they go out 15 months, they offer a 1.15 buy program, and they are aggressive on CC split.
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06-26-2019, 02:08 PM #10
- Join Date
- Dec 2013
- Posts
- 4,713
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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06-26-2019, 02:17 PM #11John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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06-26-2019, 02:18 PM #12John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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06-26-2019, 02:23 PM #13
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- Jun 2019
- Posts
- 78
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06-26-2019, 02:24 PM #14
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- May 2018
- Posts
- 158
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06-26-2019, 02:25 PM #15
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- Jun 2018
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- 462
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06-26-2019, 02:26 PM #16
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- Jun 2017
- Posts
- 2,049
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06-26-2019, 02:27 PM #17
- Join Date
- Mar 2016
- Posts
- 904
I saw a deal doing 80k per month and ondeck funded for 195k...
Thank you,
Lior Monus
Business Development Manager
CFG Merchant Solutions
Direct: (646) 880-6764
Cell: (516) 319-5826
Fax: (646) 278-7322
Lmonus@cfgms.com
180 Maiden Lane New York, NY 10038
www.cfgmerchantsolutions.com
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06-26-2019, 02:27 PM #18
- Join Date
- Jun 2017
- Posts
- 2,049
BFS, Mulligan.
Those are my guesses, or Paypal/Swift.
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06-26-2019, 02:27 PM #19
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- Jun 2017
- Posts
- 2,049
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06-26-2019, 02:31 PM #20
- Join Date
- Oct 2016
- Posts
- 4,318
Principis?
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06-26-2019, 02:43 PM #21John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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06-26-2019, 02:57 PM #22
- Join Date
- Jun 2017
- Posts
- 2,049
principis max's at 15? no?
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06-26-2019, 02:57 PM #23
- Join Date
- Jun 2019
- Posts
- 78
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06-26-2019, 02:59 PM #24
- Join Date
- Jun 2019
- Posts
- 78
If you're pricing an ACH deal, we are talking CC splits so depends on that merchant's sales trends. The merchant I am mentioning was seasonal, summer was his busiest months and stipped the hell out of it. By my review it was like a 15-18 month deal looking at PB months, even the UW acknowledged it when I confirmed the offer.
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06-26-2019, 03:07 PM #25
- Join Date
- Oct 2016
- Posts
- 4,318
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