Results 1 to 14 of 14
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02-28-2020, 12:24 PM #1
- Join Date
- Apr 2017
- Posts
- 127
Restaurant $200K/month $90k BFS balance needs second position
DIRECT LENDERS ONLY!!!!!!!
This restaurant deposits $200k monthly. Their balance is around $90k with BFS. They are seeking a second position for $150k+
Please DM or respond if this is a deal you can fund.
Thank you!
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02-28-2020, 12:27 PM #2
- Join Date
- Nov 2019
- Posts
- 37
We can take a look at it. Email all the information to emily@getbackd.com
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02-28-2020, 12:28 PM #3
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,977
A new 1st that is a Term Loan ( 3 years) without pre-pay penalty and then for long term funding an SBA 7A Loan
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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02-28-2020, 12:35 PM #4
- Join Date
- Oct 2019
- Posts
- 49
Red,
The Smarter Merchant loves restaurants. If they fall in the following box then we should connect:
PREMIUM- 3-10 MONTHS - 1.15 - 1.25 BUYRATES - UPSELL TO 15 POINTS - BUYOUT INTO 1st POSITION -1st AND 2nd POSITIONS- DAILY/WEEKLY OPTIONS - 675 FICO - 30k MINIMUM MONTHLY SALES - UP TO 2 DAYS NEGATIVE - 30 MONTHS MINIMUM TIME IN BUSINESS
STANDARD- 3-9 MONTHS - 1.21 - 1.32 BUY RATES - UPSELL TO 12 POINTS - BUYOUT INTO 1st AND 2nd POSITION - 1st - 3rd POSITION FUNDING - DAILY/WEEKLY OPTIONS- 550 FICO - 10k MINIMUM MONTHLY SALES - UP TO 5 DAYS NEGATIVE - 12 MONTHS MINIMUM TIME IN BUSINESS
John Galante
The Smarter Merchant
ISO Relations
Johng@thesmartermerchant.com
C: 347-377-1273
P: 888-262-7171
F: *646-219-2731
www.thesmartermerchant.com
Visit The Smarter Merchant's Facebook page: https://www.facebook.com/groups/thesmartermerchant/Last edited by thesmartermerchant2020; 02-28-2020 at 01:11 PM.
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02-28-2020, 12:42 PM #5
This sounds like a perfect file for Fox. Reach out to go over the deal.
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02-28-2020, 01:09 PM #6
- Join Date
- Oct 2016
- Posts
- 4,318
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02-28-2020, 01:56 PM #7
- Join Date
- Dec 2013
- Posts
- 4,713
Mantis -- Can go from offer to fund in 2-3 hours!
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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02-28-2020, 05:33 PM #8
- Join Date
- Dec 2018
- Location
- 48 Wall St. New York, NY 10005
- Posts
- 271
Hello Red, 2nd's and 3rd's is our sweet spot. Reach out if you'd like to discuss the file further or get signed up to submit the deal if not already.
Jeff Pecori • VP of ISO Relations
VitalCap Fund | 48 Wall St. | New York, NY 10005
P. 850.630.7509 | F. 646.219.7949 | jeff@vitalcapfund.com
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03-01-2020, 10:43 AM #9
- Join Date
- Feb 2017
- Posts
- 157
We offer strong 2nd positions.
Email submissions@pdmcapital.comPDM Capital
39 Broadway
New York, NY 10006
646-876-1055
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03-03-2020, 11:55 AM #10
- Join Date
- Jan 2017
- Posts
- 389
We can help you get this one funded.
Paul Boxer
Merchant Marketplace
Chief Operating Officer
Chief Revenue Officer
Cell: (516) 805-9209
paul@merchantmarketplace.com
www.merchantmarketplace.com
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03-04-2020, 01:58 PM #11
- Join Date
- Apr 2017
- Posts
- 127
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03-04-2020, 02:00 PM #12
- Join Date
- Oct 2016
- Posts
- 4,318
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03-04-2020, 04:26 PM #13
- Join Date
- May 2018
- Posts
- 130
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03-04-2020, 04:29 PM #14
- Join Date
- Nov 2019
- Posts
- 37
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