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12-16-2020, 08:45 PM #1
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Merchant seeking 250k, does approx. 300k monthly …fund this?
Home builder, tib 1997....gets really good rates so far, will only take good rate and long terms..can you fund this?
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12-17-2020, 08:26 AM #2
National likes this industry but merchant probably won't like the rates.
BlueVine, Credibly, OnDeck potentially if they're OK with MCA cost. BV will go ~1.08 on a short term. ARF also posted about a new interest-only product so that could be worth exploring.
Hard money is also an option if they would leverage properties they own with enough equity.
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12-17-2020, 09:47 AM #3
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12-17-2020, 10:03 AM #4
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is this the same deal as the one you posted about earlier?
the one that was closed during covid ?
would save alot of time if you disclosed if the merchant is currently working and making rev.
most people would not touch it if merchant just opened back up after a few months of not working.
also, not trying to be a jerk, but no need to post 3 separate threads about 1 dealLast edited by Akanner; 12-17-2020 at 10:08 AM.
EPIC ADVANCE
Mark@epic-advance.com
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12-17-2020, 11:35 AM #5
ARF Financial -- www.arffinancial.com
https://dailyfunder.com/showthread.p...rgency-funding!
Originally American Restaurant Funding (or something thereabout) then rebranded when they began expanding to other verticals. They were one of the original funders in the industry to offer concurrent draws.
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