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09-10-2019, 03:33 PM #1
- Join Date
- Apr 2015
- Posts
- 206
Restaurant seeking Funding
I have a restaurant that does between 80 to 100k a month. The last 3 months have had negative days and low ending balances They are seeking a 2nd position loan behind an A paper lender. What direct funder can do this deal?
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09-10-2019, 03:41 PM #2
We might be able to do something depending on how many negative days they've had.
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09-10-2019, 04:09 PM #3
- Join Date
- Dec 2013
- Posts
- 4,713
I believe (based on what iso's tell me) that Mantis is the most aggressive with NSF's) ....
Last edited by mcaguru; 09-10-2019 at 04:11 PM.
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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09-10-2019, 04:12 PM #4
- Join Date
- Oct 2016
- Posts
- 4,318
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09-10-2019, 04:43 PM #5
- Join Date
- Aug 2019
- Posts
- 197
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09-10-2019, 04:30 PM #6
- Join Date
- Dec 2013
- Posts
- 4,713
I don't know if there is another person in America that talks to more ISO's in america day in day out then me ! (its a big statement -- however i am doing ISO relationship management since 2001). and i ask tham all the time what do you see about Mantis over others ( i never talk down a competitor!) and i can list what they tell me below:
Micro/Nano -- we give many times better offers than others.
Inconsistent revenues when its a large file -- Mantis offers are usually HIGHER.
Poor Credit --Mantis approves when many decline
NSF's -- Mantis Usually Highest in approving.
Ability to fund hours after submission --- they say mantis recently is scoring real HIGH!Last edited by mcaguru; 09-10-2019 at 04:34 PM.
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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09-10-2019, 04:38 PM #7
- Join Date
- Oct 2016
- Posts
- 4,318
Listen, Im not one to brag, but based on what the ISOs tell me, I have the biggest cock on earth. ISOs tell me this.
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09-10-2019, 04:44 PM #8
- Join Date
- Aug 2019
- Posts
- 197
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09-10-2019, 04:59 PM #9
- 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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09-10-2019, 04:41 PM #10
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,493
Thank you sweet baby Jesus for me not being an ISO.....
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
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09-10-2019, 06:31 PM #11
Location and does he own the building? if so i might have something for you.
Jerry Starr
Insource Funding
433 Plaza Real,
Boca Raton, Fl 33432
P: 800-805-3391 Fx: 561-270-6895
insourcefunding.net
WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL
◆ 50% LTV - No Fico Required
◆ 90% CLTV on Purchases
◆ Investment Residential / Commercial Properties
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