850k Consolidation
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  1. #1

    850k Consolidation

    I Have a client does 1-2million a month keeps 250k+ in account at all times
    Very nice file
    Has 5 advances owes total of 850k
    Anyone out there would pay that off?
    Doesnt need to net anything just wants to lower payments

  2. #2
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    Quote Originally Posted by YMVentures View Post
    I Have a client does 1-2million a month keeps 250k+ in account at all times
    Very nice file
    Has 5 advances owes total of 850k
    Anyone out there would pay that off?
    Doesnt need to net anything just wants to lower payments
    many peoples are saying that this is the place to go for all things MCA :

    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    ——————————————————————————
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  3. #3
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    Help the Forum out:

    - What's the industry?
    - Is there any collateral? Real estate, AR, equipment, inventory, etc etc etc
    - What's the FICO?

  4. #4
    Veteran Reputation points: 135672 Chambo's Avatar
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    And also know that there is NO WAY IN HELL that Mantis would consolidate that deal, so their new schill is blowing smoke up your ass

  5. #5
    LOL i work with Mantis and while they do make strong offers for the right file, I know very well what they are capable of and what they are not.

  6. #6
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    i dont know who billionznbillionz is but they say never argue with someone that buys ink by the barrels
    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

  7. #7
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    Quote Originally Posted by YMVentures View Post
    LOL i work with Mantis and while they do make strong offers for the right file, I know very well what they are capable of and what they are not.
    Thank you -- as you know i have never asked an ISO to come in here and promote working with us... so once in a while when it comes natural makes me feel good.
    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
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    What other debt is on balance sheet besides 850?

    Industry type? Other assets? NOI positive or negative when backing out interest and Depreciation? Creditworthy Guarantor?

  9. #9
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    definitely not mantis! they don't consolidate for ****...they'll stack consolidations though.....

    PAR is by far the cheapest and most aggressive consolidator in the industry, 1.35 all day!

  10. #10
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    Quote Originally Posted by Chambo View Post
    And also know that there is NO WAY IN HELL that Mantis would consolidate that deal, so their new schill is blowing smoke up your ass
    not a Schill, a humbled and inspired admirer. You have to move mountains to do what Marcus does in a day. You should stop talking so much and listen when he speaks.

  11. #11
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    Quote Originally Posted by Zev08 View Post
    definitely not mantis! they don't consolidate for ****...they'll stack consolidations though.....

    PAR is by far the cheapest and most aggressive consolidator in the industry, 1.35 all day!
    one thing about Marcus, he always pays renewals

  12. #12
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    Quote Originally Posted by mcaguru View Post
    Thank you -- as you know i have never asked an ISO to come in here and promote working with us... so once in a while when it comes natural makes me feel good.
    its about time you start getting some recognition, a guy that is at risk of developing carpal tunnel from all the checks you're writing to these ISOs that bash you all day

  13. #13
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    what the hell are my eyes reading in this thread lol

  14. #14
    Quote Originally Posted by BillionzandBillionz View Post
    its about time you start getting some recognition, a guy that is at risk of developing carpal tunnel from all the checks you're writing to these ISOs that bash you all day
    Lmao- keep sucking Marcus off- and he says I hit on him
    Hahahaha you’re a joke

  15. #15
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    Quote Originally Posted by Sachip24 View Post
    what the hell are my eyes reading in this thread lol
    hahaha MCA industry is always changing right?

  16. #16
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    BillionzandBillionz is a complete assclown. I blocked him ut can still see when someone responds to HIS BS.

    Such an idiot. Talks **** to me for "Praising Funders" - I hate Hypocrites.

  17. #17
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    Quote Originally Posted by ryan $ View Post
    BillionzandBillionz is a complete assclown. I blocked him ut can still see when someone responds to HIS BS.

    Such an idiot. Talks **** to me for "Praising Funders" - I hate Hypocrites.
    what would it take for you to unblock me. should i email you ? Ryan$@aol.com ?

  18. #18
    Quote Originally Posted by ryan $ View Post
    BillionzandBillionz is a complete assclown. I blocked him ut can still see when someone responds to HIS BS.

    Such an idiot. Talks **** to me for "Praising Funders" - I hate Hypocrites.
    I agree, NON-PRODUCTIVE BS - I FIRED HIM, instead of Unblocking.

  19. #19
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    Quote Originally Posted by joemainst View Post
    I agree, NON-PRODUCTIVE BS - I FIRED HIM, instead of Unblocking.
    yea when it comes to praising funders, you are not even in the discussion, because you are a BROKER asking for iso agreements.

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