Need lender that will do 4th position
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  1. #1
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    Need lender that will do 4th position

    Have an Doctors office that is doing 130+ a month no neg days great credit but has 3 other positions.
    He wants 8 months and Max dollar. He has 730.00, 647.62, 725.00 on daily payments.

  2. #2
    Senior Member Reputation points: 71352
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    How much was the last funding the merchant took? Merchant has 40k+ per month coming out already, close to being maxed out. How do the daily balances look?
    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

  3. #3
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    6400 a day avg.

  4. #4
    I would love to take a look at this.
    David Fite
    Director of ISO Relations

    Windgate Capital
    40 Wall Street, 29th Floor, New York, NY 10005
    Direct: (516) 400-2087 ǀ Fax: (347) 708-8699 | Cell: (929)-361-4156
    David@WindgateCapital.com ǀ https://www.WindgateCapital.com/

  5. #5
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    are you a direct lender?

  6. #6
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    Quote Originally Posted by Fundthis! View Post
    Have an Doctors office that is doing 130+ a month no neg days great credit but has 3 other positions.
    He wants 8 months and Max dollar. He has 730.00, 647.62, 725.00 on daily payments.
    A few questions?

    Usage of funds?
    How was the previous funding used?
    Are you looking to help the Doctor ?

    Since you indicate the Doctor has great credit - why not an SBA Loan to consolidate to pay off existing and still provide some long-term capital - you don't mention the balances -
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    Office: 727-233-1111
    Skype: fc-financial

  7. #7
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    Sign up with Mantis---we fund hours after the submission!!! fewer stips than ever !!
    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

  8. #8
    Senior Member Reputation points: 71352
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    Quote Originally Posted by Fundthis! View Post
    6400 a day avg.
    Seems like there should be room for another position. Not sure about 8 months though since its a 4th, but feel free to submit it over if you want me to take a look.
    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

  9. #9
    Quote Originally Posted by fundthis! View Post
    have an doctors office that is doing 130+ a month no neg days great credit but has 3 other positions.
    He wants 8 months and max dollar. He has 730.00, 647.62, 725.00 on daily payments.
    send to ufs

    james@ufsfunding.com great iso rep probably one of the best

    you can call him @917-543-1545

  10. #10
    Sponsor Reputation points: 9187 DannyFoxCap's Avatar
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    There are a few companies that can look at this, including us. If you are not signed up with Fox yet, reach out for an agreement.
    Direct: 347-468-7528
    Cell: 305-753-3967
    Fax: 866-557-0455
    Email: Danny@foxbusinessfunding.com

  11. #11
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    Aquina all day. anything medical they make sick offers for anything medical

  12. #12
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    Aquina told me that they're first position only.
    If you need a funder who will do crazy things like put the insurance AR into a lockbox, and fund through that, I could help "FUND THIS!" with a small boutique funder I work with.

  13. #13
    Senior Member Reputation points: 10964
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    Quote Originally Posted by DannyFoxCap View Post
    There are a few companies that can look at this, including us. If you are not signed up with Fox yet, reach out for an agreement.
    Sorry had a very bad experience with fox would never use you guys again

  14. #14
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    You guys are direct lenders?

  15. #15
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    We would be interested in looking at this file. Shoot it over or reach out to discuss it further.

    Jeff Pecori
    ISO Relations manager
    VitalCap Fund
    48 Wall St. New York, NY 10005
    P. 850.630.7509
    F. 646.219.7949
    jeff@vitalcapfund.com

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