I need 10 more days on a 30 day offer
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  1. #1
    Senior Member Reputation points: 16117 capaxess's Avatar
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    I need 10 more days on a 30 day offer

    Merchant with default from 2012 and 2018 has 1st position and is paying well.

    I have a 10k/30 day offer $299/day 2nd position

    Merchant will take it if I can give him 40 days, PM me if you want to see file.

  2. #2
    Senior Member Reputation points: 44858
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    those numbers are not adding up...

  3. #3
    We can def work out a 40 day term.
    Avi Herskovitz
    Director ISO Relations
    IBEX Funding Group

    Direct: (347) 618-2224
    Cell: (347) 349-3199
    avi@ibexfundinggroup.com

  4. #4
    You do realize this is a 50 day term right?
    Avi Herskovitz
    Director ISO Relations
    IBEX Funding Group

    Direct: (347) 618-2224
    Cell: (347) 349-3199
    avi@ibexfundinggroup.com

  5. #5
    Senior Member Reputation points: 16117 capaxess's Avatar
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    Quote Originally Posted by fin4all View Post
    those numbers are not adding up...
    Ugh, I typo'd it sorry: $499/daily - my bad.

    Apologies to the Math police lol

  6. #6
    Senior Member Reputation points: 16117 capaxess's Avatar
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    Quote Originally Posted by aviibxfunder View Post
    You do realize this is a 50 day term right?
    Already corrected, I typo'd the daily payment, it's $499/daily - sorry

  7. #7
    lol regardless, let's get this deal priced out asap. Shoot me an email.
    Avi Herskovitz
    Director ISO Relations
    IBEX Funding Group

    Direct: (347) 618-2224
    Cell: (347) 349-3199
    avi@ibexfundinggroup.com

  8. #8
    Banned Reputation points: 20
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    New York CIty
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    The Broker referral docs are for the equipment financing & term loan deals which we will pay between 2 - 5% on avg (Occasionally*you can charge more)* for* equipment and term loan deals with 36-60 month terms.**
    Our Sweet Spots:·* 1st*- 7th positions for same day funding between 25k and 750k. (High deposit volume {100k+}*·**We'll beat or match any other funders' offer within minutes (upon request for urgent files) Have a Yellowstone agreement? If so, send it and we will beat it that day!·**We are particularly competitive in the following industries: retail, restaurants, food/beverage, medical/dental offices, consulting/advertising/real estate/construction/etc with solid contractual receivables and We can go to 12 month on high risk industries in 1st position.
    Some Brief Underwriting Guidelines:Program Lengths: 1st position max term 18 mont,*2nd position max is 12 months3rd position max is 10 months(ladder positions will depend on* available cash flow)390 payment days,*or 78 weekly payments,or 39 bi-weekly payments,or 18 monthly payments* *(Exceptions can be made)*Positions1st*– 7th positions**(Exceptions can be made)Min. Time in Business6 monthsRequired Bank Statements3 Months from all accountsMinimum Credit ScoreNone (500+ preferred)*Min. Days of Deposits5** * * ***Some exceptions made depending on industry
    Min. Monthly Bank Deposits$18,500Funding Amount$25,000 - $750,000*(Over $150,000 requires 6 months and financials )Min. Avg Daily Balance reqd.VariableMax Negative Days Per Month5Max Monthly NSFs10Judgments/LiensYes – Payment Plans OnlyCredit Card SplitsYes- No Fixed TermRestricted IndustriesMay still be approved for up to 6 monthsBackgroundNo violent crimes or financial/fraud felonies*BankruptciesDischarged okay /*No Dismissed bankruptcies within the last 2 yearsCredit ReportNo major delinquencies*Benefits of Working with Prosperum Capital:
    ·**We are direct Funders and we are licensed in California, not super brokers!·**Same day add-ons!·**We do not reduce your commission on renewals!·**VERY competitive terms!·**Same day funding in as little as 6 hours!·**Weekly, daily, and 2x per week payment options on most positions.·**Ability to syndicate on any deal we fund for you!·**We're happy to white label. Must submit* a minimum of15 Files a month*·**Quick turn-around time!·**Commission is 4- 12 points depending on rate and term, better rates usually have less points built in and we allow for upselling 2 for 1 point of commission*
    Buy Rates as low as 15-20% for 3 months and as low as 20% for 1 year if clean in 1st.

    --

    Thank You & Stay Productive!
    --
    Businesses*Prosper With Prosperum !*
    Channon Smith,**Funding Specialist
    |*Office*|*(646) 766-9922 Ex 1027|*Fax |*(888) 894-3518*or*(212) 706-0117|*Email |*CSmith@ProsperumFunding.Com8 West 36th Street, Floor7*|*New York, NY 10018ProsperumFunding.Com

  9. #9
    Banned Reputation points: 179851
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    Quote Originally Posted by FirscapitalWealth View Post
    The Broker referral docs are for the equipment financing & term loan deals which we will pay between 2 - 5% on avg (Occasionally*you can charge more)* for* equipment and term loan deals with 36-60 month terms.**
    Our Sweet Spots:·* 1st*- 7th positions for same day funding between 25k and 750k. (High deposit volume {100k+}*·**We'll beat or match any other funders' offer within minutes (upon request for urgent files) Have a Yellowstone agreement? If so, send it and we will beat it that day!·**We are particularly competitive in the following industries: retail, restaurants, food/beverage, medical/dental offices, consulting/advertising/real estate/construction/etc with solid contractual receivables and We can go to 12 month on high risk industries in 1st position.
    Some Brief Underwriting Guidelines:Program Lengths: 1st position max term 18 mont,*2nd position max is 12 months3rd position max is 10 months(ladder positions will depend on* available cash flow)390 payment days,*or 78 weekly payments,or 39 bi-weekly payments,or 18 monthly payments* *(Exceptions can be made)*Positions1st*– 7th positions**(Exceptions can be made)Min. Time in Business6 monthsRequired Bank Statements3 Months from all accountsMinimum Credit ScoreNone (500+ preferred)*Min. Days of Deposits5** * * ***Some exceptions made depending on industry
    Min. Monthly Bank Deposits$18,500Funding Amount$25,000 - $750,000*(Over $150,000 requires 6 months and financials )Min. Avg Daily Balance reqd.VariableMax Negative Days Per Month5Max Monthly NSFs10Judgments/LiensYes – Payment Plans OnlyCredit Card SplitsYes- No Fixed TermRestricted IndustriesMay still be approved for up to 6 monthsBackgroundNo violent crimes or financial/fraud felonies*BankruptciesDischarged okay /*No Dismissed bankruptcies within the last 2 yearsCredit ReportNo major delinquencies*Benefits of Working with Prosperum Capital:
    ·**We are direct Funders and we are licensed in California, not super brokers!·**Same day add-ons!·**We do not reduce your commission on renewals!·**VERY competitive terms!·**Same day funding in as little as 6 hours!·**Weekly, daily, and 2x per week payment options on most positions.·**Ability to syndicate on any deal we fund for you!·**We're happy to white label. Must submit* a minimum of15 Files a month*·**Quick turn-around time!·**Commission is 4- 12 points depending on rate and term, better rates usually have less points built in and we allow for upselling 2 for 1 point of commission*
    Buy Rates as low as 15-20% for 3 months and as low as 20% for 1 year if clean in 1st.

    --

    Thank You & Stay Productive!
    --
    Businesses*Prosper With Prosperum !*
    Channon Smith,**Funding Specialist
    |*Office*|*(646) 766-9922 Ex 1027|*Fax |*(888) 894-3518*or*(212) 706-0117|*Email |*CSmith@ProsperumFunding.Com8 West 36th Street, Floor7*|*New York, NY 10018ProsperumFunding.Com
    Prosperum was shamed off the Forum once.

    You guys linger like cancer.

  10. #10
    Banned Reputation points: 20
    Join Date
    Dec 2020
    Location
    New York CIty
    Posts
    32

    Quote Originally Posted by ryan $ View Post
    Prosperum was shamed off the Forum once.

    You guys linger like cancer.
    Im not wearing the black eye from another broker. The problem with people like you is that you like to put everyone in an category. Majority of people in this industry are scam artist. If you don't want to work with me fine.

  11. #11
    Quote Originally Posted by capaxess View Post
    Merchant with default from 2012 and 2018 has 1st position and is paying well.

    I have a 10k/30 day offer $299/day 2nd position

    Merchant will take it if I can give him 40 days, PM me if you want to see file.
    We can definitely look at it, and give you an offer.
    Cobalt Funding Solutions | Direct Funder

    cobaltfunding.com| 202-773-4200
    New York, NY. | deals@cobaltfunding.com

  12. #12
    Senior Member Reputation points: 1100
    Join Date
    Aug 2020
    Posts
    105

    If you didn't get this funded yet email it to me ill get it done for you drew@infusioncapital.org
    Drew Matthew
    Chief Executive Officer
    Infusion Capital Group
    40 wall St
    28th floor #2765
    New York, NY 10005
    Company: 1 (718) 852-2233
    Direct: 1 (917)525-9946
    Email: drew@Infusioncapital.org
    www.Infusioncapital.org

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