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10-01-2014, 01:28 PM #1
- Join Date
- Sep 2014
- Posts
- 30
Need help from a solid lender
Are there any good 1st position lenders out there that payoff more than 50k!?!?
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10-01-2014, 05:20 PM #2
- Join Date
- Jan 2014
- Location
- Denver, CO
- Posts
- 90
Yes, they will all pay off $50k, if they won't. They aren't a major lender. But the merchant will still have to net, probably at least 60% of the deal and probably more. Double check what the lenders "Payoff Rule" or, how much do they have to net when paying off a current MCA.
Good Luck.
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10-05-2014, 11:44 AM #3
- Join Date
- Apr 2014
- Posts
- 781
Quite a few lenders might niot payoff such a high balance unless you are DEALING with someone who gets exceptions done
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10-05-2014, 10:15 PM #4
- Join Date
- Jul 2014
- Location
- Online
- Posts
- 965
Key Questions.... When did they get the advance? Do they gross over double ++ the amount of the payoff? How long have they been open? There are a lot of details missing from this question. PM me.
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10-06-2014, 01:10 PM #5
Need more info before I can even tell you if its possible
Eagle Funding Group
Phone: (646) 793-6809
Email: info@eaglefundinggroup.net
Web: www.eaglefundinggroup.net
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10-06-2014, 02:44 PM #6
- Join Date
- Jan 2013
- Location
- Berlin, CT
- Posts
- 191
As long as the merchant qualifies for enough, paying off a $50k balance shouldn't be a problem for most sources. According to your other post, it looks like this merchant has 2 balances for a combined $50k. That is where you might run into some problems.
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10-07-2014, 08:48 AM #7
- Join Date
- Feb 2014
- Posts
- 27
Payroll Financing solutions has a new program that is paying off multiple positions and either lowering payment or giving additional funds. email steveh@fundmypayroll.com with your name, company name, phone number and he will send you details.
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11-10-2014, 09:49 PM #8
Need help from a solid lender
I am a company that can pay off your balance and give you extra funds, doesn't matter what percent you net. kmacdonald@wbl.com email me
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11-10-2014, 09:50 PM #9
Need help from a solid lender
Our just pay it off, without giving you extra funds. whichever you prefer.
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11-13-2014, 11:45 AM #10
- Join Date
- Oct 2014
- Posts
- 260
Swift Capital, they pay up to 85k as long as merchant nets 50%
Second place? Set of steak knives.
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12-30-2014, 04:21 PM #11
- Join Date
- Dec 2014
- Posts
- 93
50k shouldn't be a problem to pay off if this still needs to be funded please contact me!
Erin Dreselly
World Business Lenders
81 Market Sq., Suite 7
Newington, CT 06111
Direct: 860-549-2419
Cell: 860-692-4636
Fax: 860-499-5413
Email: edreselly@wbl.com
Web: www.wbl.com
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01-07-2015, 12:04 PM #12
- Join Date
- Jan 2015
- Posts
- 37
My name is Robert Glass from Premium merchant funding. We do all kinds of cash advance providing working capital for all kinds of business's in need of immediate next day cash for whatever reason whether being for business growth or pay off some bills up to $2,000,000 based on your past 4 bank statements. Please give me a call and we can discuss further.
Premium Merchant Funding
40 Wall St
Robert Glass
RGLASS@PREMIUMMERCHANTFUNDING.COM
Office- 315 215 1374
Cell- 347 447 1790
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01-14-2015, 04:41 PM #13
- Join Date
- Jan 2015
- Posts
- 93
ProMED Healthcare Financing will payoff a $50K 1st position. All clients must net atleast 40%. Reach out to James Graydon at 631-468-6325 for more details.
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