Any lender do 12 months for B-C paper?
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  1. #1

    Any lender do 12 months for B-C paper?

    Hey guys, which b-c lender can go out up to 12 month? Received 8-9 months offers so far...

  2. #2
    Try Forward, Ondeck, KCG, GRP...
    Propella Capital do 12 month deals as well and they are pretty aggressive try them out.

  3. #3
    Senior Member Reputation points: 3229
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    I can do 10-11 months
    Direct Funder | MCA | Public Companies | Convertible Notes | Hard Money
    D. 516-667-6817
    paul@coolidgecapital.com

  4. #4
    Signed up with Propella Capital and sent them the deal, got 125k 12 month with a 1.25 buy rate, looks like a pretty solid offer.
    Will update if it funds.

  5. #5
    Quote Originally Posted by Maseglobal View Post
    Hey guys, which b-c lender can go out up to 12 month? Received 8-9 months offers so far...
    Kevin Henry-VP Business Development at Seacoast Business Funding

    Kevin.Henry@SeacoastBF.com

  6. #6
    Quote Originally Posted by Maseglobal View Post
    Signed up with Propella Capital and sent them the deal, got 125k 12 month with a 1.25 buy rate, looks like a pretty solid offer.
    Will update if it funds.
    Can you include an ISO reps info or company contact info?

  7. #7
    Sure I'm dealing with John, John@propellacapital.com, 786-600-3352.

  8. #8
    Isn't Maseglobal is Propella ?
    Last edited by NewWave funding; 03-24-2021 at 07:13 PM.

  9. #9
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    Not so sure that Propella should be advertising buy rates and upsells on their front page? And seems like NewWave noticed something a bit weird about the thread.

  10. #10
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    Max Shemesh - Principal CFO of Mase Global
    Max Shemesh - Direct Lender at Propella Capital
    Max Shemesh - Officer of Goat Funders Inc

    You know this is all public information and very easy to find. I wouldn't trust you with any deals.

  11. #11
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    Quote Originally Posted by FlexibleCapitalSolutions View Post
    Kevin Henry-VP Business Development at Seacoast Business Funding

    Kevin.Henry@SeacoastBF.com
    Thanks, but we do not offer MCA. We are a factor and an asset based lender.

    KH
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  12. #12
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    lmaooooo mca2150 good stuff ...always love a burner account shtick never ends well
    Irving Winograd
    Unique Funding Solutions
    646-460-3139

  13. #13
    If the file is strong Greenwich capital can go 12 months on MCA or LOC product on a 2nd. Please send inquiries to Inquiries@gcmcapitalgroup.com

  14. #14
    Hey guys I have not been on here all that much, but I just checked in and saw this thread. There is no john@propellacapital.com - I am the iso rep at Propella Capital, unless there is another Propella Capital which seems a little weird..

    We have offered 12 months on a 3rd position before and we do give some pretty nice aggressive offers

    Not sure really what happened on this thread, we are not currently accepting new ISO's right now, but feel free to reach out.. daniel@propellacapital.com

    Thank you

  15. #15
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    Depending on the file of what it is b or c paper my company may go out 10-12 months on a first position. But our merchants do not go out that long because we work like a line of credit and do not refinance the balance on renewals. So the first term does not matter if they renew 15 times over several years then the total coast will be between 25 and 45 depending on the tier risk of the file over 4 years instead of 12 month or higher deals that get refinanced every time they renew.

  16. #16
    Senior Member Reputation points: 6957 ESE5020's Avatar
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    Quote Originally Posted by Maseglobal View Post
    Hey guys, which b-c lender can go out up to 12 month? Received 8-9 months offers so far...
    Depending on some factors, on B-C paper we are able to go as far as Estimated structures of 10-11 months. (just realized this was an old post)
    Last edited by ESE5020; 07-27-2022 at 01:18 PM. Reason: (just realized this was an old post)
    East Shore Equities, LLC
    Tel: (516) 784-4298 | Fax: (516) 231-5590
    www.EastShoreEquities.com

  17. #17
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    Quote Originally Posted by closer129 View Post
    Depending on the file of what it is b or c paper my company may go out 10-12 months on a first position. But our merchants do not go out that long because we work like a line of credit and do not refinance the balance on renewals. So the first term does not matter if they renew 15 times over several years then the total coast will be between 25 and 45 depending on the tier risk of the file over 4 years instead of 12 month or higher deals that get refinanced every time they renew.
    Can anyone clarify this and what the hell this means lol
    Joseph Boyle
    Skyline Funding
    Joseph@Skyline-Funding.com

  18. #18
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    Quote Originally Posted by JMB View Post
    Can anyone clarify this and what the hell this means lol
    No

  19. #19
    Quote Originally Posted by Daniel@Propellacapital View Post
    Hey guys I have not been on here all that much, but I just checked in and saw this thread. There is no john@propellacapital.com - I am the iso rep at Propella Capital, unless there is another Propella Capital which seems a little weird..

    We have offered 12 months on a 3rd position before and we do give some pretty nice aggressive offers

    Not sure really what happened on this thread, we are not currently accepting new ISO's right now, but feel free to reach out.. daniel@propellacapital.com

    Thank you
    Stop your BS. Own it, you clowns got caught fake promoting. Another funder/ white labeler to add to my " never sign up with" list. Dishonest from the jump.

  20. #20
    Yes
    James Scavuzzo
    Director Business Development
    Vox Funding
    609-413-4140
    jscavuzzo@voxfunding.com

  21. #21
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    I’m disappointed in how sloppy people have gotten at doing shady ****. They’ve lost all creativity and they don’t cover their tracks.

    I give Dave credit, he’s not shady. Dumb as a bag of rocks, yes. I picture him as being Lenny from Of Mice and Men. He’s a real lunkhead. Just not shady.

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