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  1. #1
    Member Reputation points: 1137
    Join Date
    Jun 2016
    Location
    Brooklyn
    Posts
    54

    Hair salon doing 70k - had isseue during pandemic - looking for funding

    Merchant is a hair salon in CA with 3 locations doing about 70K between all three. Merchant had Everest during pandemic but due to that was forced to shut down all locations no revenue. Merchant settled with Everest via payment plan while in pandemic was still going and has the UCC removed. Merchant looking for funding. Have settlement letter and UCC termination letter. Direct lender please.

  2. #2
    Senior Member Reputation points: 66298 Olderguy's Avatar
    Join Date
    Sep 2021
    Location
    Irvine, CA
    Posts
    2,087

    United Fund USA, Hybrid Advance LLC - both do defaults....settlement doesn't matter...still considered default.

    Did they apply for EIDL? If yes, did they get the second increase?

    How's personal Fico? Personal loan/Business credit card options?
    Steve Benjamin
    Professional Business Loans

    1012 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

  3. #3
    Hey we do here at M&D send you subs to Subs@mdcapitalny.com

  4. #4
    Sounds like this is a prefect fit for hybrid
    Email us today Matthew@hybridadvancellc.com

  5. #5
    hey jj deal sounds justified i am john joseph i am a direct lender out of brooklyn new york we opened up in december no sales team just me my partner and our underwriter most high risk files depeending on merchant speed i will fund in 1 hour speed wise and every deal that comes in is looked at with a creative mind set i would love to see this deal text me or call me 917-932-4845

  6. #6
    Sounds like this is a prefect fit for hybrid
    Email us today kevin@hybridadvancellc.com

    5k minimum funding -NO MAX $$$
    - 15-20 minute response time
    - 2nd - 5th position
    - Terms up to 120 days (weekly's upon approval)
    - 1.39 buy rates
    - Max Upsell to 15 points!
    - 35k a month average revenue
    - Minimum of 5 deposits per month
    - Commission paid after 3rd debit clears! (4 days)
    - Minimal stips (DL & VC)
    - Early Payoff Discounts
    - Docusign Contracts

  7. #7
    GOAT ADVANCE!

    Amanda@goatadvance.com
    443-797-9714

  8. #8

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