Need a Funder or Vendor? START HERE

Results 1 to 16 of 16
  1. #1
    Senior Member Reputation points: 4262 Magicmike18's Avatar
    Join Date
    Aug 2020
    Location
    7125 Peri Lane Brooklyn Ny 11234
    Posts
    113

    Anyone funding fortune tellers?

    Been getting hard declines quite few places just based off industry. Diddn’t even know there was issue with them. Its very a clean file.

  2. #2
    Senior Member Reputation points: 216519
    Join Date
    Feb 2017
    Posts
    3,334

    Well, they are basically a mixture of con artists and actors, so why would anyone want to help fund a con?

    That being said, if it's a legal business try LoanMe.
    And if the client's personal credit is excellent, go with personal loans.

  3. #3
    Senior Member Reputation points: 14746
    Join Date
    Sep 2019
    Posts
    109

    it doesn't take a crystal ball to see this default coming

  4. #4
    Senior Member Reputation points: 65969
    Join Date
    Jul 2017
    Posts
    542

    I see what you did there.

  5. #5
    Senior Member Reputation points: 6957 ESE5020's Avatar
    Join Date
    Oct 2017
    Posts
    331

    We would consider it, but we would need to see what type of processing or A/R the merchant has. Most likely a conservative offer, but we wouldn't turn it down for the type of business.
    East Shore Equities, LLC
    Submissions@EastShoreEquities.com
    Tel: 516-231-5595 | Fax: 516-231-5590
    www.EastShoreEquities.com

  6. #6
    Senior Member Reputation points: 44858
    Join Date
    Apr 2019
    Posts
    319

    Quote Originally Posted by ESE5020 View Post
    We would consider it, but we would need to see what type of processing or A/R the merchant has. Most likely a conservative offer, but we wouldn't turn it down for the type of business.
    lmao. this guy is serious too. ask to merchant during mi to predict how many clients they will get the next 90 days and use that for AR....

  7. #7
    Senior Member Reputation points: 203054
    Join Date
    Jan 2014
    Posts
    1,361

    I know i didn't just read someone say they can fund a Fortune Teller but would need to see aging report...

  8. #8
    Senior Member Reputation points: 14746
    Join Date
    Sep 2019
    Posts
    109

    Nobody else pays their fortune tellers net 90? must just be me...

  9. #9
    Senior Member Reputation points: 337045
    Join Date
    Mar 2015
    Location
    Rock Ridge
    Posts
    3,453

    I find it odd that Magic Mike is seeking funding for a fortune teller........ Perhaps try Big Circus Capital.
    Hedley Lamarr......That's Hedley

  10. #10
    Senior Member Reputation points: 216519
    Join Date
    Feb 2017
    Posts
    3,334

    Quote Originally Posted by ghosthand View Post
    Nobody else pays their fortune tellers net 90? must just be me...
    They probably don't need to extend credit with much risk, and the UW on their clients is pretty simple.

  11. #11
    Senior Member Reputation points: 97075
    Join Date
    Jun 2015
    Posts
    754

    Did you try Cartel Capital?

  12. #12
    Senior Member Reputation points: 4262 Magicmike18's Avatar
    Join Date
    Aug 2020
    Location
    7125 Peri Lane Brooklyn Ny 11234
    Posts
    113

    Glad to see everyones still got sense of humor especially with everything going on lol

  13. #13
    Senior Member Reputation points: 44858
    Join Date
    Apr 2019
    Posts
    319

    what about the fact that east shore equities would actually fund them pending AR and venmo processing

  14. #14
    Member Reputation points: 553 Global Factors's Avatar
    Join Date
    Oct 2015
    Location
    NY-NJ
    Posts
    11

    For those of us old enough to have had a magic 8 ball:

    All signs point to no
    Global Factors LLC
    877-934-5622

  15. #15
    Senior Member Reputation points: 54
    Join Date
    Mar 2016
    Posts
    120

    re: "Fortune" teller

    Moving Van Driver To Old Man At Country Store Porch:
    Hey Mac, which way to Redbud?

    Old Man:
    How'd you know my name was Mac?

    Driver:
    Just guessing.

    Old Man:
    Then guess your way to Redbud.
    Mike Lewis - commercial real estate loan broker / owner
    No up front fees loan broker
    Commercial real estate loans: Acquisition, refinance, construction and FAST bridge loans from $200k +

    tel/voicemail: 937-964-5355
    cell/voicemail: 440-637-5646
    corporate email: mikelewis@michaellewisgroup.com

    www.linkedin.com/in/cigarmike

    Veteran Owned

    WE CO-BROKER with an even 50/50 split and we both get paid by wire at close.

    We issue a combination mutual NDA / fee split, you introduce your CRE clients to us stating simply we handle your commercial real estate loans, we take it from there and keep you in the loop. When a loan you referred closes, you get paid at close by wire.If you can work with that please do not hesitate to contact us. Our loan forms are vanilla with no company name.

    Michael Lewis Group Commercial real estate loans

    http://michaellewisgroup.com/index.html

    Loan Matrix

    Forms

    About Us

    Discounted cell phone plans starting at $15 / month. AT&T from $30/mo, T-Mobile from $15/mo, Verizon from $35/mo.

    http://arthodyd.com/d.html

  16. #16
    Senior Member Reputation points: 570 dworange's Avatar
    Join Date
    Jun 2016
    Posts
    132

    I actually spoke about this to a merchant they said why dont they forecast the lottery instead of getting a funder found it was kind of humorous lol

Similar Threads

  1. Replies: 0
    Last Post: 04-12-2018, 06:14 PM


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

BoA launches business loan marketplace
Quickbooks adds new LOC product
Dext Capital upsizes corp note


DIRECTORY