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10-21-2019, 05:20 PM #1
- Join Date
- Mar 2019
- Posts
- 95
150k 2nd or 300k 1st
Who funds in this area 12 months or more?
600 credit
400k
200k
260k
Does 2-3 million yearly
2.5 million on last years returns
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10-21-2019, 05:46 PM #2
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,993
TIB?
Industry?
State?
2.5 Million Profit on 2018 Business Tax Returns?Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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10-22-2019, 12:17 PM #3
- Join Date
- Sep 2019
- Posts
- 109
sounds like a decent loanme file if balances are good. Did you try Wellen?
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10-22-2019, 12:42 PM #4
- Join Date
- Mar 2019
- Posts
- 95
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10-22-2019, 01:48 PM #5
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,993
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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10-22-2019, 02:53 PM #6
- Join Date
- Mar 2019
- Posts
- 95
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10-22-2019, 12:44 PM #7
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
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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10-22-2019, 12:49 PM #8
- Join Date
- Mar 2019
- Posts
- 95
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10-22-2019, 12:53 PM #9
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
James,
I would have to understand exactly what services they are providing customers and how they are billing. We might be able to provide a factoring facility. Give me a ring when you are free.
KHKevin 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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10-22-2019, 01:13 PM #10
- Join Date
- May 2019
- Posts
- 30
CDG would be interested in making an offer- please reach out, team@centraldiligencegroup.com or 877-961-4403
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10-22-2019, 02:35 PM #11
- Join Date
- Sep 2019
- Posts
- 109
Do they have A/R ? If they are in the digital media space you may be able to set up a factor deal through Oarex.
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10-22-2019, 02:40 PM #12
- Join Date
- Apr 2015
- Posts
- 159
Send to me at sales[at]oarex[dot]com - that's my factoring business. We are super flexible and out-of-the-box with deals (unlike most factors). And we have a huge pile of money to fund deals https://www.prnewswire.com/news-rele...300915283.html
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10-22-2019, 02:59 PM #13
- Join Date
- Mar 2019
- Posts
- 95
Ill inquire but for factoring the balance sheet IIRC only shows 10k in AR right now.
On a deal like this its gotta go straight to a direct lender thank you though. He was adamant about his credit not being hard pulled and has had too many inquiries from shops right now.
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10-23-2019, 01:33 PM #14
- Join Date
- Jul 2019
- Posts
- 48
We dont do hard pulls either, no COJs and no UCCs
Respectfully,
Greg B.
Senior Business Development Manager
845-494-4898
isosupport@byzfunder.com
www.byzfunder.com
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10-22-2019, 03:21 PM #15
- Join Date
- Dec 2018
- Location
- 48 Wall St. New York, NY 10005
- Posts
- 271
Hey James, let me know if you can't find a 12 month term for this file. We could take a look at possibly getting out to 9 1/2 months on a 2nd. We are direct and only do soft pulls.
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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10-23-2019, 01:03 PM #16
- Join Date
- Jul 2019
- Posts
- 48
Hi James. We can possibly do a 10 month second but the deal would have to be pretty. I can go to 9. I can also give very good pricing if the deal looks good/decent I would love to review. Reach out to me and lets talk about working together. I would love to earn your business. We DO Florida, but not Miami.
Respectfully,
Greg B.
Senior Business Development Manager
845-494-4898
isosupport@byzfunder.com
www.byzfunder.com
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10-23-2019, 01:38 PM #17
- Join Date
- Oct 2019
- Posts
- 3
Greg Greg Greg @ byzfunder ! He is your answer!
I have been in the businss for quite some time and have dealt with all the funders. That being said...
Greg is by far and away the very best ISO Manager I have ever dealt with....Not only does he know the business inside and out, he the most responsive ISO Manager around. When he says something will get done, it gets done quickly and correctly.
Think of the funders you are using currently, how long do wait for the offer and it is never as quick as you want/need it??? I can not tell you how many deals we won because of the quick turnaround. They funded a 60k 2nd in 2 hours from the time I sent the APP and statemnets over. The client needed money fast and was in thier account fast!
I can not even think of a time where it took more then 1 hour to get a decision a file. He has been getting our "first look" and for good reason. We started using them a while ago for 2nd and 3rd and up positions. They have funded some of our merch 1st positions too with very competive F/R's and fantastic comp! THEY PAY SO QUICK!
Lastly, they do their homework, the underwiters are throrough, and if the offer comes through, I 100 percent know, that the deal will fund, I was so tired from deals dying at funding b/c the given funder did not or missed something on a file. This does not happen here. I have never had to go ask a Merch for anything additional than the stips on the offer.
They do not fund all deals, they know what they can do and are one of the best I have ever dealt with, that being said when they cant fund it, after speakinfg with Greg about the file helps me understand the current deal a bit more and usally know who and where the deal will fit and usally works out. Saves me time, and keeps the Merch's happy LOL and ME TOO!
They are PROS PROS PROS, fast, relaiable and profesional...if you do not have an iso agreement with them, go get one, and send them a deal, I am confident they will be a primary funder of yours in no time!Last edited by RJSH; 10-23-2019 at 01:41 PM.
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10-23-2019, 02:02 PM #18
- Join Date
- Oct 2016
- Posts
- 4,318
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10-23-2019, 02:08 PM #19
- Join Date
- Jun 2017
- Posts
- 2,049
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10-23-2019, 02:08 PM #20
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
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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10-23-2019, 02:19 PM #21
- Join Date
- Feb 2017
- Posts
- 3,463
I have no idea if that was Greg or not (1-post cosigners are the worst publicity!), but I will tell you that it's worth checking in with Greg, they do make quick offers, perhaps more conservative, and they do pay next day. I personally have been paid by ByzFunder and saw a few bank statements with their name on it with daily ACH's. I was even involved with funding another file that consolidated ByzFunder's position and saw the ByzFunder payoff letter. And I'm not even involved with funding new MCAs on a daily basis.
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10-23-2019, 02:26 PM #22
- Join Date
- Jul 2019
- Posts
- 48
Thank you Micah. Definitely wasn't me. It was another broker I work with and I did not even know they were on DF. However, 1st post or not, I appreciate all that give me an opportunity. Everybody starts somewhere in life and I dont tout others. Thanks again Micah. If anybody wants to know more about ByzFunder, give me a call. I would love to have an opportunity to look at and fund anyone's deals. I have been in this industry quite some time, its not my first rodeo guys! Respectfully, Greg B.
Respectfully,
Greg B.
Senior Business Development Manager
845-494-4898
isosupport@byzfunder.com
www.byzfunder.com
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10-23-2019, 02:20 PM #23
- Join Date
- Jul 2019
- Posts
- 48
Nope, not my first post, by all means contact the admins. People have commented on me before about liking working with me. Please do your due diligence and share with the group. I have nothing to hide whatsoever. Also, nobody by the name of "Mike" works for Byzfunder, so by all means do your due diligence on that as well guys! I have no problem with anybody questioning anything and putting in the overtime to find out fact from fiction. This business is all about separating fact from fiction anyway. Any questions I am always open for dialogue. "LETS FUND"
Respectfully,
Greg B.
Senior Business Development Manager
845-494-4898
isosupport@byzfunder.com
www.byzfunder.com
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10-23-2019, 04:37 PM #24
- Join Date
- Sep 2019
- Posts
- 11
sent PM
Jared Lagemann
Director Partnerships
Jared@bccusa.com
Direct 435-513-9010
Office 631-880-7501
BCCUSA Business Capital Consultants
3237 Rt 112 Suite 9
Medford, NY 11763
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10-23-2019, 05:15 PM #25
- Join Date
- Apr 2015
- Posts
- 159
happy to take a look. sales@oarex.com
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