Results 1 to 13 of 13
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01-26-2022, 01:03 PM #1
- Join Date
- Jan 2022
- Posts
- 3
Need reputable funder for $3million deal
Hello all, disregard. THANK YOU
Last edited by Izzy1234; 01-26-2022 at 01:35 PM. Reason: no longer relevant
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01-26-2022, 01:11 PM #2
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,493
Izzy-Is he a wholesaler of building materials or doing installations/construction? If he is billing 9Mil/month, he probably qualifies for a much larger and cost effective type of financing. $100Mil companies should not be paying 8%APR+ for money unless they eat baby seals for lunch and juggle puppies. You would be providing a better service to the prospect by finding an ABL facility that includes AR and possibly inventory.
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
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01-26-2022, 01:16 PM #3
- Join Date
- Jan 2022
- Posts
- 3
He is a wholesaler. From what I understand he has taken one or two MCAs in the past, but now is looking for a substantial deal. I agree its not in his best interest, but I think he is interested & would take the deal at a 1.20-1.25
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01-27-2022, 11:41 AM #4
Business assets for collateral - qualify for SBA 7A. Can go up to $5M.
Steve Benjamin
Professional Business Loans
522 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.
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01-27-2022, 12:07 PM #5
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,493
Steve,
It sounds like the company would be better served with some type larger, revolving facility. If the financials are in decent shape they would certainly qualify for an ABL facility. 100Mil company with probably 12-14Mil in receivables should fetch an ABL north of 10Mil and sub 6%.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
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01-27-2022, 03:50 PM #6
- Join Date
- Jun 2015
- Posts
- 754
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01-27-2022, 03:55 PM #7
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01-27-2022, 03:58 PM #8
- Join Date
- Aug 2020
- Posts
- 105
We can do this
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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01-27-2022, 09:45 PM #9
- Join Date
- Jun 2015
- Posts
- 754
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01-28-2022, 09:19 AM #10
- Join Date
- May 2017
- Posts
- 21
This is a joke right? This is a list of funders to stay away from if anyone didn't realize
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01-28-2022, 10:16 AM #11
- Join Date
- Dec 2021
- Posts
- 40
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01-28-2022, 11:50 AM #12
- Join Date
- May 2021
- Posts
- 34
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02-01-2022, 12:29 PM #13
Key Capital Group is signing up new ISO's!
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:
-High Risk
-1ST to 10th position
-Defaults & Declines
-Reverses Consolidation
Minimum Monthly Revenue For 2nd position & On:
- $25,000
Minimum Monthly Revenue For 1st Position:
- $50,000 For 1st time taking an MCA Advance
- $35,000 For a Merchant that has had an MCA Advance in the past
Our Product:
5k to 6.5 Million
Term UP TO 95 DAYS
Weekly payments available
Early Payoff Discounts
Early Renewals
Instant DocuSign Contracts
Light Stips -DL, VC
Gill Navarro
Director Of ISO Relations
Direct :1(862)-303-3225
Email:Gill@keycapitalfunding.com
https://keycapitalfunding.com/iso/Last edited by keycap123; 02-16-2022 at 05:34 PM.
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