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12-05-2019, 11:05 AM #1
- Join Date
- Apr 2017
- Location
- Orange County, CA
- Posts
- 90
$250,000.00 Cash Advance - Prior Default
Applicant needs 250k for Inventory. Annual Revenue is 3-4MM+ per year annual revenue with a PRIOR default?
If interested please DM here with your full contact information, whether your a lender or broker.
Thanks.
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12-05-2019, 12:39 PM #2
- Join Date
- Aug 2019
- Location
- Recently un-retired, "shocked" that nothing has changed.
- Posts
- 116
Open default or satisfied?
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12-05-2019, 01:11 PM #3
- Join Date
- Jul 2014
- Posts
- 92
3-4m is a big range, but at a 6mo/1.40 his payback is over 20% of rev, and that would be aggressive pricing for a previous default. You should probably modify your merchant's expectations.
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12-05-2019, 01:21 PM #4
- Join Date
- Dec 2013
- Posts
- 4,713
Depending how quickly it was satisfied ...would be the deciding factor at Mantis! ..otherwise we are funding merchant hours after approvals.
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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12-05-2019, 01:25 PM #5
- Join Date
- Oct 2016
- Posts
- 4,318
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12-05-2019, 02:15 PM #6
- Join Date
- Dec 2013
- Posts
- 4,713
Last edited by mcaguru; 12-05-2019 at 02:20 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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12-05-2019, 02:22 PM #7
- Join Date
- Aug 2016
- Posts
- 827
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12-05-2019, 02:22 PM #8
- Join Date
- Feb 2016
- Posts
- 242
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12-05-2019, 01:33 PM #9
- Join Date
- Aug 2019
- Location
- United States
- Posts
- 72
Previous default is not a reason why we decline
All I do is FUND FUND FUND no matter what...
Madison Capital Fund
Josh - Senior Funder
862-323-1780
josh@madisoncapitalfund.org
Apply:madisoncapitalfund.org/applynow
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