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  1. #1

    175 k trucking second position lowered payments

    175k revenue

    has one position

    lowered payments to 25$ day

    anyone will fund?

  2. #2
    Member Reputation points: 13
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    Oct 2021
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    New York, NY
    Posts
    14

    Yes we would be happy to take a look! Please send an email to admin@unitedfundusa.com thank you!

  3. #3
    Senior Member Reputation points: 29456
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    Quote Originally Posted by Friendly funder View Post
    175k revenue

    has one position

    lowered payments to 25$ day

    anyone will fund?
    why did he lower payments to such a small amount if hes doing that level of volume?

  4. #4
    was in slow season

  5. #5
    Please email me at dkanner@irmcapitalllc.com
    I would love to take a look

  6. #6
    I can take a look 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

  7. #7
    Senior Member Reputation points: 4367
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    Sep 2015
    Posts
    122

    Merchant will have to go back to his normal payments for a month at least to even have a chance at a decent deal. He is currently only paying less than .3% of his monthly revenues to the previous funder lol

  8. #8
    Banned Reputation points: 1977
    Join Date
    May 2021
    Posts
    34

    I can give you a list of funders that would jump in to a deal that's currently lowered @ $25/day

    Get ready for 20k 20 day offers though. there are enough of those out there. (Oh, and you probably won't get paid commission either)

  9. #9
    Member Reputation points: 38
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    Jul 2021
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    New York City
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    I'm genuinely curious to see if anyone will fund this lol
    [SIZE=2][SIZE=1]Daniel Nathan

  10. #10
    No one will fund this guy lol

  11. #11
    Banned Reputation points: 84
    Join Date
    Apr 2021
    Location
    Miami, FL
    Posts
    21

    We fund high risk deals and this falls into that category.
    If we can see in the bank that at the time he lowered payments on the other funder he was in fact in need of that adjustment and now his business is back up and running and back to normal, we would consider small redemption offer and build this guy back up.
    phil@matrixadvance.com

  12. #12
    What were this guys payments before the $25 and after how long did he modify payments
    David M Levi
    Direct: (917)618-5188
    David@Fund4Less.com
    http://www.Fund4Less.com

  13. #13
    Member Reputation points: 222 Prosperum Funding's Avatar
    Join Date
    Sep 2021
    Location
    8 W 36th St NY, NY 10018
    Posts
    85

    PM me to further discuss on this one
    Frank Jacobs,
    Funding Director
    ProsperumFunding.Com
    | Office | (929) 376-8912
    | Fax | (888) 894-3518 or (212) 706-0117
    | Email | FJacobs@ProsperumFunding.com
    8 West 36th Street, Floor7 | New York, NY 10018

  14. #14
    We would be able to potentially help this client. I can go into more information about the potential file.

    Brandon Dressler
    brandon@preferredfundinggroup.com
    815-878-0244

  15. #15
    Senior Member Reputation points: 216519
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    Quote Originally Posted by brandondresslerpfg View Post
    We would be able to potentially help this client. I can go into more information about the potential file.

    Brandon Dressler
    brandon@preferredfundinggroup.com
    815-878-0244
    Again, Brandon, stop spamming. You really don't understand that (1) truckers don't have good credit and (2) if they lowered payments, something else is going on, aside from which they have at least a dozen MCA inquiries (which can be removed, but it's a process).

  16. #16
    We love trucking. We'll collateralize their vehicles or equipment. I'll also finance another vehicle, purchase their invoices pretty much anything they need.
    jimmy@sigicancapitalcorp.com
    718-685-6156

  17. #17
    Senior Member Reputation points: 6957 ESE5020's Avatar
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    Oct 2017
    Posts
    331

    Quote Originally Posted by Friendly funder View Post
    175k revenue

    has one position

    lowered payments to 25$ day

    anyone will fund?
    We could potentially offer something here as long as his income is not coming from a Factoring Company. It would be priced as a previous default, so I wouldn't expect a typical offer based on $175k rev, but we may be able to offer something. We don't pull credit at all, so it wouldn't affect his credit to get an offer from us. Feel free to reach out if you want to discuss further.
    East Shore Equities, LLC
    Submissions@EastShoreEquities.com
    Tel: 516-231-5595 | Fax: 516-231-5590
    www.EastShoreEquities.com

  18. #18
    Key Capital Group is signing up new ISO's!
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    We are a High-Risk Direct Lender looking to start new partnerships with Dedicated Brokers. We have adopted measures to structure deals in a way that our ISO's can have quicker renewals & mitigate default risk. We work efficiently & try to give you offers as fast as possible. We are currently Funding Merchants that most Lenders consider to be Declines or Defaults. We are also flexible with our offers as we try to give our Partners all the tools they need to succeed. Please feel free to call me. I would love to chat.

    We specialize in:
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    Minimum Monthly Revenue For 2nd position & On:
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    - $50,000 For 1st time taking an MCA Advance
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    Our Product:
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    Gill Navarro
    Director Of ISO Relations
    Direct :1(862)-303-3225
    Email:Gill@keycapitalfunding.com

    iso pic.gif
    Last edited by keycap123; 02-22-2022 at 02:31 PM.

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