Results 1 to 13 of 13
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11-05-2019, 01:44 PM #1
- Join Date
- Jan 2015
- Location
- Laguna Beach
- Posts
- 463
Gym doing 23k per month...
Probably nothing to be done with this file but worth a try...
Gym, 7 years in biz, 630 credit, 23k per month, clean banks.
38k position with Prinicipis at 190 per day
Loanme 10k at 1200 per month
Looking to drop payments, as cashflow is too tight. Declined by Funding Circle. Anyone?
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11-05-2019, 02:07 PM #2
- Join Date
- Mar 2016
- Posts
- 904
Thats an awesome deal they have from principis. The most i think you will get here is 8k 99 daily - If the daily balances are solid, ill be able to get you something along those lines.
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
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11-05-2019, 02:16 PM #3
- Join Date
- Jan 2015
- Location
- Laguna Beach
- Posts
- 463
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11-05-2019, 03:18 PM #4
- Join Date
- Dec 2013
- Posts
- 4,713
This is probably the dozen or so scenarios that we fund daily-here at Mantis! (if your signed up you can put rush and we may still be able to fund the merchant today).
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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11-05-2019, 03:19 PM #5
- Join Date
- Jan 2015
- Location
- Laguna Beach
- Posts
- 463
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11-05-2019, 03:24 PM #6
- 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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11-05-2019, 05:48 PM #7
- Join Date
- Jan 2015
- Location
- Laguna Beach
- Posts
- 463
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11-05-2019, 05:58 PM #8
- Join Date
- Dec 2013
- Posts
- 4,713
I don't know the case.
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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11-06-2019, 01:31 PM #9
- Join Date
- Apr 2014
- Posts
- 781
Marcus...your incredibly uttering stupidity. He isnt going to use 8k for advertising. He doesnt have enough to pay bills....hes using it to keep lights on..wake up
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11-06-2019, 01:38 PM #10
- Join Date
- Dec 2013
- Posts
- 4,713
I've been involved with merchants since 2001. They run their business with the same entrepreneurial vigor like they are the CEO of fortune 500 (maybe even more) -- Instead of them seeking to buy power plants and new factories they plan 7 days a week how to grow their GYM and depending on their size 8K in Toledo Ohio can in effect double their membership and get revenues to grow by double digits. its a misconception by way to many that business owners are not saavy -- they are business owners!
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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11-06-2019, 01:40 PM #11
- Join Date
- Dec 2013
- Posts
- 4,713
Last edited by mcaguru; 11-06-2019 at 03:39 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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11-06-2019, 05:09 PM #12
- Join Date
- Mar 2019
- Posts
- 95
Marcus is not far off at all.
I ran a gym for a small while, my brother owns one.
To improve cash flow, you aggressively push a new offer, say $99 3 month bootcamp, you advertise a promo gym membership (Pay today and 2nd month free), you hardcore push supplements, get every customer to buy a protein shake/preworkout etc.
I mean thats how we looked at it and what we did. If you really are pushing, what are they paying like $330 daily in total?
You can push $100/day out of your current clients if you push for a sale every time they scan in.
You think you cant sign up 1 new customer a day for $99?
Hell a groupon would even work in these situations.
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11-07-2019, 09:53 PM #13
- Join Date
- Apr 2014
- Posts
- 781
Ive seen this deal before, he is struggling to keep lights on.
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