4 Position buyout 22% remmitence
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  1. #1

    Cool 4 Position buyout 22% remmitence

    I have a merchant (farm) that is grossing 307k in his first account, 20k avg balance 25 deposits per month, 0.67 negative days, 0 nsfs and 0,67 overdrafts. In his second account he is grossing 238k, 15 deposits, 23k avg balance, 0 nsfs, 0 negative days and 0 overdrafts. He has the following positions:

    1. Delta Bridge - 32,151.6 - 911.88 daily
    2. Vivian 54,085 - 893 daily
    3. HH - 42,704.19 - 655.81 daily
    4. Total Business - 60,082 - 852 daily

    Merchant is at 22% remittance I need a lender that is willing to buyout these positions merchant is able to net more than 50%.

  2. #2

    Send it to ALFA Advance!

    Hey Josh

    This deal sounds right up my alley. I can do this deal at a 1.24 buy with 14 points built in for you. If this sounds like something you're looking for give me at call at (347) 531-9075 or email me at rasheed@alfaadvancefunding.com.

    I look forward to hearing from you

  3. #3
    Banned Reputation points: 4416
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    Most funders who buy out have a 3 position max.

    We would be able to come in here with a 5th position.
    If that's an option, send the deal over to subs@capitalizegroup.com

  4. #4
    Banned Reputation points: 1591
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    Quote Originally Posted by jacobgold View Post
    I have a merchant (farm) that is grossing 307k in his first account, 20k avg balance 25 deposits per month, 0.67 negative days, 0 nsfs and 0,67 overdrafts. In his second account he is grossing 238k, 15 deposits, 23k avg balance, 0 nsfs, 0 negative days and 0 overdrafts. He has the following positions:

    1. Delta Bridge - 32,151.6 - 911.88 daily
    2. Vivian 54,085 - 893 daily
    3. HH - 42,704.19 - 655.81 daily
    4. Total Business - 60,082 - 852 daily

    Merchant is at 22% remittance I need a lender that is willing to buyout these positions merchant is able to net more than 50%.
    Had something like this in the past, feel free to send it over and we'll go over some options

  5. #5
    Shane Johnson
    Regional ISO/Broker Rep | Arsenal Funding
    M: 917-743-1895

    E: shane@arsenalfunding.com



    arsenalfunding.com
    1-10th positions
    CD High Risk

  6. #6
    Senior Member Reputation points: 6957 ESE5020's Avatar
    Join Date
    Oct 2017
    Posts
    335

    Quote Originally Posted by jacobgold View Post
    I have a merchant (farm) that is grossing 307k in his first account, 20k avg balance 25 deposits per month, 0.67 negative days, 0 nsfs and 0,67 overdrafts. In his second account he is grossing 238k, 15 deposits, 23k avg balance, 0 nsfs, 0 negative days and 0 overdrafts. He has the following positions:

    1. Delta Bridge - 32,151.6 - 911.88 daily
    2. Vivian 54,085 - 893 daily
    3. HH - 42,704.19 - 655.81 daily
    4. Total Business - 60,082 - 852 daily

    Merchant is at 22% remittance I need a lender that is willing to buyout these positions merchant is able to net more than 50%.
    We are now offering full and partial consolidations. I am not sure what exactly we can offer here until we take a look, but if you are still searching for an offer, feel free to reach out!
    Email: Submissions@EastShoreEquities.com
    East Shore Equities, LLC
    Tel: 516-231-5595 | Fax: 516-231-5590
    www.EastShoreEquities.com

  7. #7
    Shane Johnson
    Regional ISO/Broker Rep | Arsenal Funding
    M: 917-743-1895

    E: shane@arsenalfunding.com


    arsenalfunding.com
    C/D High Risk Positions 1-10th

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