Results 1 to 5 of 5
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01-14-2020, 10:47 AM #1
- Join Date
- Nov 2019
- Posts
- 53
Appliance store 2nd position looking for home
30k monthly revenue mostly in cc sales
has 2 positions
#1 owes 58k
#2 owes 13k
only wants to buy 1 out and get a second
Has 14 neg days in Dec BUT HAS OVERDRAFT PROTECTION HASN'T MISSED ANY PAYMENTS
Sole prop in texas
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01-14-2020, 11:39 AM #2
- Join Date
- Oct 2016
- Posts
- 4,318
$30K in monthly revenue with $71K in MCA balances.
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01-14-2020, 11:40 AM #3
- Join Date
- Dec 2013
- Posts
- 4,713
ISO's Claim Mantis is one of the strongest with High # of NSF's
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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01-14-2020, 11:47 AM #4
- Join Date
- Nov 2019
- Posts
- 37
Pm'd you!
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01-14-2020, 12:19 PM #5
- Join Date
- Feb 2014
- Location
- Florida
- Posts
- 266
Are either of the paybacks on a split, or are they both daily's? If split is available, you can try and see if someone would be able to fund a 3rd position on an MCA split (direct or lock box). This would make more sense too, due to high NSF activity. But, this would cause more cash flow stress...works better if the $13K can get paid off from this. It's possible.. gotten a few of these done in the past. QuikStone is out, since they are 1st position funders only.. however this might work at Simply. Good luck!
Shannon Harris
Funding Specialist
888-705-8818 phone
239-790-2664 fax
Shannon@StellarBusinessFunding.com
www.stellarbusinessfunding.com
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