Results 1 to 25 of 34
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03-12-2020, 12:23 PM #1
- Join Date
- Apr 2018
- Posts
- 178
Lenders suspending funding indefinitely
Spoke to 4 high risk funders each of them are already seeing the impact of the coronavirus. Merchants calling saying they have to reduce payments. Truckers cant pick up packages in certain states.
They said they will not be funding until further notice. Crazy times.
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03-12-2020, 12:52 PM #2
- Join Date
- Sep 2019
- Posts
- 402
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03-12-2020, 12:52 PM #3
- Join Date
- Sep 2019
- Posts
- 402
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03-12-2020, 02:34 PM #4
- Join Date
- Jun 2018
- Posts
- 462
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03-12-2020, 02:37 PM #5
- Join Date
- Dec 2013
- Posts
- 4,713
Currently Mantis is Funding. I would love this to be an opportunity to board new ISO's -I will rush out agreements.
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
——————————————————————————
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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03-12-2020, 02:40 PM #6
- Join Date
- Sep 2019
- Posts
- 402
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03-12-2020, 02:44 PM #7
- Join Date
- Dec 2013
- Posts
- 4,713
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
——————————————————————————
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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03-12-2020, 02:57 PM #8
- Join Date
- Jun 2018
- Posts
- 462
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03-12-2020, 03:03 PM #9
- Join Date
- Sep 2019
- Posts
- 402
Maybe but its getting weird out there:
https://nationalpost.com/news/world/...ight-attendant
https://fox5sandiego.com/news/unruly...ght-to-divert/
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03-12-2020, 03:03 PM #10
- Join Date
- Dec 2013
- Posts
- 4,713
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
——————————————————————————
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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03-12-2020, 03:04 PM #11
- Join Date
- Dec 2013
- Posts
- 4,713
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
——————————————————————————
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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03-12-2020, 04:34 PM #12
- Join Date
- Oct 2018
- Posts
- 10
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03-12-2020, 04:45 PM #13
- Join Date
- Oct 2016
- Posts
- 4,318
This guidance by the SBA for the supposed $50B allocated in new low interest loans seems to be a bit of a joke. First the governors have to request specific areas within a state be designated a disaster area. That’s understandable, i suppose. But with global GDP crashing, shouldn’t the whole U.S. be designated? It seems like only the businesses in areas with high numbers of COVID-19 cases would qualify.
After that, the businesses have to show that they can’t access financing anywhere else. So that seems to mean they have to apply for conventional financing and be turned-down. That process could take weeks.
This seems way to cumbersome of a process when we are essentially in an economic “sudden stop” right now.
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03-12-2020, 04:50 PM #14
- Join Date
- Sep 2019
- Posts
- 120
Lowered payments
On my third one for the day fffffmmmmlllll
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03-12-2020, 04:54 PM #15
- Join Date
- Jun 2018
- Posts
- 462
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03-12-2020, 05:02 PM #16
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03-12-2020, 05:04 PM #17
- Join Date
- Oct 2016
- Posts
- 4,318
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03-12-2020, 05:38 PM #18
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03-12-2020, 05:44 PM #19
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 732
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03-12-2020, 06:15 PM #20
- Join Date
- Sep 2019
- Posts
- 402
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03-12-2020, 08:19 PM #21
- Join Date
- Jun 2019
- Posts
- 196
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03-12-2020, 08:26 PM #22
- Join Date
- Oct 2016
- Posts
- 4,318
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03-12-2020, 09:06 PM #23
- Join Date
- Sep 2019
- Posts
- 402
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03-13-2020, 09:11 AM #24
- Join Date
- Apr 2013
- Location
- Basalt CO
- Posts
- 867
Rapid just suspended all restaurant funding
I put my contact info in here, and
was bombarded with spam from funders
if you need to reach me PM me
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03-13-2020, 02:28 PM #25
- Join Date
- Dec 2013
- Posts
- 4,713
Right now we are funding away... --Many old and new ISO's have been knocking on the door to join --- Never too late to get on board! expect fastest offers/few stips/double digit commissions! bizdev@cresthillcapital.com
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
——————————————————————————
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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