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  1. #1

    Seeking for a good offer

    Hello to all the lenders,
    I have a merchant that do export and looking for 1.5million 12 month term.
    She already has an offer for 1.55 million, 6 month term at 27%.
    Need to beat the offer and get at least 12 month term.

  2. #2
    Would love to take a look! Send to bobby@diversecapitalllc.com for an approval

    Funding Director
    Nir Yzhari
    Office: (646)-374-4101
    Nir@DiverseCapitalllc.com
    www.DiverseCapitalllc.com

  3. #3
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    Did a $1mm deal 2 months ago over 12 months at a 1.30, and working on another one for $1mm over 18 months right now, at 24% interest.

  4. #4
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    Are the customers credit worthy and in friendly countries? Are the receivables insured? If so, you would be better to explore a factoring relationship. How much revenue? How much AR is outstanding? $1.5Mil facility should not be in excess of 15-18% all in.....
    Last edited by Hedley Lamarr; 06-29-2021 at 01:32 PM.
    Hedley Lamarr......That's Hedley

  5. #5
    Quote Originally Posted by Kevin Henry View Post
    Are the customers credit worthy and in friendly countries? Are the receivables insured? If so, you would be better to explore a factoring relationship. How much revenue? How much AR is outstanding? $1.5Mil facility should not be in excess of 15-18% all in.....
    What do you mean by Friendly countries. Factoring deals are under UCC Jurisdiction, there are friendly countries to the UCC?

  6. #6
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    Quote Originally Posted by FlexibleCapitalSolutions View Post
    What do you mean by Friendly countries. Factoring deals are under UCC Jurisdiction, there are friendly countries to the UCC?
    Friendly Countries meaning Countries where you would be able to obtain credit insurance on the debtor and/or enforce payment rights.
    Hedley Lamarr......That's Hedley

  7. #7
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    Quote Originally Posted by NewWave funding View Post
    Hello to all the lenders,
    I have a merchant that do export and looking for 1.5million 12 month term.
    She already has an offer for 1.55 million, 6 month term at 27%.
    Need to beat the offer and get at least 12 month term.
    Without have complete details & financials - for long term funding the SBA has programs:

    COVID-19 Funding Sources (sba.gov)

    Nearly All States have Export Funding Assistance

    IF the merchant has a FICO of 680+ and can provide financials - A Term Loan from
    Private Investors at % rate in the 9% to 19% range may be secured.

    BTW - Anyone can provide an offer - the caveat - will the deal be funded.
    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

  8. #8
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    Quote Originally Posted by Yankeeman07 View Post
    Without have complete details & financials - for long term funding the SBA has programs:

    COVID-19 Funding Sources (sba.gov)

    Nearly All States have Export Funding Assistance

    IF the merchant has a FICO of 680+ and can provide financials - A Term Loan from
    Private Investors at % rate in the 9% to 19% range may be secured.

    BTW - Anyone can provide an offer - the caveat - will the deal be funded.
    The caveat .......He asked for LENDERS. I am the only LENDER that replied.......
    Hedley Lamarr......That's Hedley

  9. #9
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    Quote Originally Posted by Kevin Henry View Post
    The caveat .......He asked for LENDERS. I am the only LENDER that replied.......
    Kevin - Yes, we all know you work for Sterling Bank, which is the Lender, not you. You are an employee, I'm a broker for a SBA Bank
    and other Private Lenders.
    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

  10. #10
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    Quote Originally Posted by Yankeeman07 View Post
    Kevin - Yes, we all know you work for Sterling Bank, which is the Lender, not you. You are an employee, I'm a broker for a SBA Bank
    and other Private Lenders.
    Dave,

    You constantly post about people posting in the wrong sections, not identifying themselves, and using personal email addresses and then misrepresent YOURSELF answering posts on the forum. YOU are NOT a lender and YOU do not WORK for a lender. Perhaps YOU should have explain that when responding to the person's post when they asked for LENDERS. Yes-I WORK for a LENDER. Do I need to disclose that I WORK for a LENDER and am NOT the LENDER????

    Dave-Stay in your lane.....
    Hedley Lamarr......That's Hedley

  11. #11
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    Quote Originally Posted by Kevin Henry View Post
    Dave,

    You constantly post about people posting in the wrong sections, not identifying themselves, and using personal email addresses and then misrepresent YOURSELF answering posts on the forum. YOU are NOT a lender and YOU do not WORK for a lender. Perhaps YOU should have explain that when responding to the person's post when they asked for LENDERS. Yes-I WORK for a LENDER. Do I need to disclose that I WORK for a LENDER and am NOT the LENDER????

    Dave-Stay in your lane.....
    It is early in the morning - so I will be polite - F*** OFF -

    Who do you think you are telling me to "Stay In My Lane"

    I am a Independent Broker - (1099) just the same as many of the people that post on the Daily Funder.
    Never claimed to a Lender/Funder -

    Is that plain enough for you?
    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

  12. #12
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    Daniel Cage
    Funding Coordinator | Fox Business Funding
    (347) 308-7788 - Partner with us today!

  13. #13
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    Couldn't agree more with kevin on this one. Dave likes to comment and point out everyone elses misrepresentations, but gets defensive when he is called out. Don't dish it out if you cant take it.

  14. #14
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    Quote Originally Posted by Oxforddan View Post
    Couldn't agree more with kevin on this one. Dave likes to comment and point out everyone elses misrepresentations, but gets defensive when he is called out. Don't dish it out if you cant take it.

    You are just another ass kisser hiding behind a screen name.
    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

  15. #15
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    Quote Originally Posted by Yankeeman07 View Post
    You are just another ass kisser hiding behind a screen name.
    LOL, I used to have my information on here. I dont need any more high risk funders calling me to sign up. I also dont use this forum to solicit for business hence why i dont have my information publicly in my signature. If I was trying to gain business I would however make sure I was not misrepresenting myself. I also wouldnt advertise to other brokers something that they themselves can do without your help.

  16. #16
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    Quote Originally Posted by Oxforddan View Post
    LOL, I used to have my information on here. I dont need any more high risk funders calling me to sign up. I also dont use this forum to solicit for business hence why i dont have my information publicly in my signature. If I was trying to gain business I would however make sure I was not misrepresenting myself. I also wouldnt advertise to other brokers something that they themselves can do without your help.

    Your reading comprehension must be on the downside - IF you understood my post - I directed the poster to SBA.gov for Possible Solutions.

    Yes, he/she could research the info themselves -

    Hopefully, they secured a solution other than an MCA @ 27%
    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

  17. #17
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    It's just too easy to make Dave feel trolled. It would be funny if it was a skill, but we do it without even trying! I think @DonDolla needs to help us brighten this thread with skilled and dumbleads.com-style trolling. For your trolling entertainment: https://www.boredpanda.com/funny-trolling/

  18. #18
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    surprised we haven't had a story yet with dave going and physically fighting someone yet

  19. #19
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    Sadly.... I offered a solution without soliciting for the business that might make sense and I am the only LENDER that replied.

    Watching some post here is like watching some guy check pay phones and vending machines for loose change.....
    Hedley Lamarr......That's Hedley

  20. #20
    We might be able to beat that offer. Please contact me at: jim.rfrcapital@gmail.com. Thank you for your time and consideration.

    Jim

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