Looking for a good 2nd position
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  1. #1

    Looking for a good 2nd position

    Looking for a solid 2nd position for my client
    1st is w/OD. Balance is a bit high to pay off.

    Client's info:
    Type of Biz: Food Wholesale
    Annual Revenue 4.8M
    FICO: 700

    If interested please DM me. Thanks

  2. #2
    Senior Member Reputation points: 341293
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    Quote Originally Posted by Deals@GGW View Post
    Looking for a solid 2nd position for my client
    1st is w/OD. Balance is a bit high to pay off.

    Client's info:
    Type of Biz: Food Wholesale
    Annual Revenue 4.8M
    FICO: 700

    If interested please DM me. Thanks
    Would love to take a look at this. We like food and beverage wholesalers.
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  3. #3
    Senior Member Reputation points: 6626
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    Dec 2018
    Location
    48 Wall St. New York, NY 10005
    Posts
    271

    We give solid 2nd position offers. Food wholesale falls under our preferred industries. We can stretch the 2nd positions out up to 9.5 months on terms. Reach out if you'd like to discuss the deal 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

  4. #4
    Senior Member Reputation points: 71352
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    Mar 2016
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    Sounds like a really solid deal - ide love to take a look at this file. Sounds like a 150k deal in my opinion if revs about 400k per month, with solid balances and ok credit as a 2nd.

    Think 150k 1.40 160 days does the trick? If so, send it to me, ill get one of my underwriters here to price it quickly.
    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

  5. #5
    John T at The Smarter Merchant. Always comes through clutch.

  6. #6
    Senior Member Reputation points: 49940
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    620

    Pending their daily balances we can get around 150-200k here. Feel free to reach out if I can be of any help here.

  7. #7
    Senior Member Reputation points: 503040
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    Oct 2016
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    4,318

    RIP your DMs.

  8. #8
    Senior Member Reputation points: 341293
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    Mar 2015
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    Quote Originally Posted by WestCoastFunding View Post
    RIP your DMs.
    I feel worse for the Company. How much money ya wanna bet this deal gets blasted out to 1mil people because someone claiming to be a funder contacted him.....
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  9. #9
    Banned Reputation points: 687
    Join Date
    Dec 2016
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    49

    lmao

  10. #10
    Sure...........lets just send it to anyone............LOL

  11. #11
    Senior Member Reputation points: 212
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    Aug 2017
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    NYC/Miami
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    Fox funding. We fund up to 1 million in a single deal when merited. Like 2-3rds.

    elis@foxbusinessfunding.com
    347 562 8796

  12. #12
    Noob Reputation points: 10
    Join Date
    Feb 2019
    Location
    Miami, FL
    Posts
    1

    SOS is great for 2nd positions.

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