Need a Funder or Vendor? START HERE

Results 1 to 10 of 10
  1. #1
    Member Reputation points: 31
    Join Date
    Apr 2017
    Location
    Orange County, CA
    Posts
    90

    4th position with pandemic related payment adjustments - $150,000

    I have a company who has had 2 positions go through adjustments and workouts (the third position is a PAR position) I am looking for recommendations on who will still consider a decent 4th position deal. Guys credit is 700+, deposits fluctuated but its looks good overall.

  2. #2
    Senior Member Reputation points: 18402
    Join Date
    Apr 2014
    Posts
    781

    Pray to god, client will need it

  3. #3
    Senior Member Reputation points: 44858
    Join Date
    Apr 2019
    Posts
    319

    plenty of 1.499 or 1.519 "funders" who will do it and then file coj 3 weeks later. don't even deny it.

  4. #4
    Senior Member Reputation points: 69645
    Join Date
    Mar 2016
    Posts
    897

    Are the adjusted payments back to normal? or is the merchant still on lowered payment?
    Thank you,

    Lior Monus
    Business Development Manager
    CFG Merchant Solutions


    Direct: (646) 880-6764
    Cell: (516) 319-5826
    Fax: (646) 278-7322
    Lmonus@cfgms.com
    180 Maiden Lane New York, NY 10038

    www.cfgmerchantsolutions.com

  5. #5
    Senior Member Reputation points: 31326
    Join Date
    Apr 2018
    Posts
    180

    Quote Originally Posted by fin4all View Post
    plenty of 1.499 or 1.519 "funders" who will do it and then file coj 3 weeks later. don't even deny it.
    ur working with wrong funders man

  6. #6
    Senior Member Reputation points: 216519
    Join Date
    Feb 2017
    Posts
    3,334

    Quote Originally Posted by 1Loanguy View Post
    I have a company who has had 2 positions go through adjustments and workouts (the third position is a PAR position) I am looking for recommendations on who will still consider a decent 4th position deal. Guys credit is 700+, deposits fluctuated but its looks good overall.
    If you can get those inquiries off, then go for a personal loans or 0 APR credit card stacking. If you don't know who to go to, send me an email.

  7. #7
    WE ARE FUNDING ALL INDUSTRIES AND STATES***WE HAVE BEEN FUNDING HEAVY FOR THE PAST 6 MONTHS**MAX CAPITAL – 500,000.00*MAX TERM – 100 DAYS*NO FUNDING RESTRICTIONS (we fund defaults, modifications, bankruptcy, poor credit, etc...)*FUNDING WITH MINIMAL STIPS (DL, VC, POO)*1st*POSITION - 6th*POSITION*PAYING* 10 POINTS UPFRONT*
    *
    *Please send all deals with*application, 3*months bank statements and MTD if passed the 15th*of the month.*Thank You,*ISO MANAGEMENT
    JR@ALLSHORECAP.COM

  8. #8
    Senior Member Reputation points: 31326
    Join Date
    Apr 2018
    Posts
    180

    Quote Originally Posted by All Shore Capital View Post
    WE ARE FUNDING ALL INDUSTRIES AND STATES***WE HAVE BEEN FUNDING HEAVY FOR THE PAST 6 MONTHS**MAX CAPITAL – 500,000.00*MAX TERM – 100 DAYS*NO FUNDING RESTRICTIONS (we fund defaults, modifications, bankruptcy, poor credit, etc...)*FUNDING WITH MINIMAL STIPS (DL, VC, POO)*1st*POSITION - 6th*POSITION*PAYING* 10 POINTS UPFRONT*
    *
    *Please send all deals with*application, 3*months bank statements and MTD if passed the 15th*of the month.*Thank You,*ISO MANAGEMENT
    JR@ALLSHORECAP.COM
    you will also promise merchant LOC's and only deposit 2k while taking $1499 daily!!

  9. #9
    Senior Member Reputation points: 14091
    Join Date
    Mar 2019
    Posts
    253

    Quote Originally Posted by happyman View Post
    you will also promise merchant LOC's and only deposit 2k while taking $1499 daily!!
    i think iv seen this deal.

    10k 10 day docs. At the bottom of the contract, there was a 6.5k PSF

  10. #10
    Senior Member Reputation points: 81655
    Join Date
    Mar 2014
    Location
    Florida
    Posts
    2,854

    Quote Originally Posted by 1Loanguy View Post
    I have a company who has had 2 positions go through adjustments and workouts (the third position is a PAR position) I am looking for recommendations on who will still consider a decent 4th position deal. Guys credit is 700+, deposits fluctuated but its looks good overall.
    A "Decent 4th Position" - the owners is already under stress -

    Without knowing complete details - If I was speaking to the merchant - apply for EIDL $$ , and/or a SBA 7(a) Loan and get out from under
    these MCA - go for long term funding so the business will survive and grow
    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

Similar Threads

  1. Financing the Pandemic...
    By Hedley Lamarr in forum All Other Lending
    Replies: 3
    Last Post: 06-22-2020, 10:33 PM
  2. Seeking Weekly Payment on a 2nd position
    By CashAdvanceKing in forum Deal Bin
    Replies: 5
    Last Post: 03-09-2020, 03:39 PM
  3. These guys related?
    By dailyfunderppt in forum Merchant Cash Advance
    Replies: 10
    Last Post: 12-20-2018, 01:10 PM
  4. 3rd Position - Weekly Payment
    By WayUp in forum Deal Bin
    Replies: 8
    Last Post: 04-21-2017, 09:59 AM
  5. Deal with Payment Adjustments
    By TB-Commercial in forum Deal Bin
    Replies: 15
    Last Post: 10-31-2016, 09:13 AM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

SubcontractorHub, Lendica partner
BoA launches business loan marketplace
Quickbooks adds new LOC product


DIRECTORY