Results 1 to 24 of 24
-
03-08-2022, 10:21 PM #1
- Join Date
- Apr 2013
- Posts
- 359
A Paper Restaurant needs strong 3rd position
Monthly volume $150K
$90K and $30K balance respectively.
Cannot price @ C-D paper rates.
Looking for a lender w/ generous terms like Rapid does on 2nd position deals but for 3rd.
Thanks in advance.
-
03-09-2022, 09:25 AM #2
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,977
How is this business "A Paper" with 2 existing positions with balances nearly 80% of their gross revenue?
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
-
03-09-2022, 10:00 AM #3
- Join Date
- Jul 2017
- Posts
- 548
-
03-09-2022, 10:35 AM #4
- Join Date
- Mar 2019
- Posts
- 105
You better off doing a 60-75k 2nd over 8-10 months if those 90k balance is w/ a good lender, you should not have an issue buying out that 30k balance. Rapid only does 1st, but their LOC product they seemingly offer to anyone
-
03-09-2022, 10:35 AM #5
- Join Date
- Dec 2021
- Location
- New York
- Posts
- 6
1.499 would work?
If yes please send me the file to jackb@madisonadvance.com will get you funded
-
03-09-2022, 11:04 AM #6
- Join Date
- Sep 2021
- Posts
- 43
From the sound of it - $40k @ 1.42 over 140/150 would be an ideal offer here. If the merchant has weekly ill be able to get weekly
PM me if you wanna see if we can get this done. With how the credit and EDB in banks look I can reach for $50k+
-
03-09-2022, 11:06 AM #7
- Join Date
- Sep 2021
- Posts
- 43
This is also an option - depending on how many payments left on that $30k balance it can be paid off doing the contracts at $75k-$80k over 10 months netting the merchant around $45k-$47k
-
03-09-2022, 11:22 AM #8
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,977
This business owner has serious money issues - Beyond any so-called quick fixes - They should be reviewing these programs
for possible assistance:
Restaurant Revitalization Fund
https://www.sba.gov/funding-programs...tion-header-15
About Targeted EIDL Advance and Supplemental Targeted Advance
https://www.sba.gov/funding-programs...rgeted-advance
Employee Retention Credit
New law extends COVID tax credit for employers who keep workers on payroll
https://www.irs.gov/coronavirus/empl...tention-creditDave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
-
03-09-2022, 12:07 PM #9
- Join Date
- Dec 2021
- Posts
- 637
Marcus Clapman here with Capybara Capital
For ISO Agreement Email: marcus@capybarausa.com you'll love our longer terms and how flexible we are to get deals funded.
Capybara Overview
1) We have NO SALES TEAM!!
2) 3-12Months terms.
3)Daily & Weekly repayment options
4)A-C Paper
5)1-4th Position
6)We can payoff other funders (case by case) maximizing the funding amount and your commission payout.
7)Low Buy-Rates low 1.20's with ability to earn up to 15 points upsell. (you keep the entire upsell)
8) Full exclusivity on deals submitted
9) Offers as soon as 15 Minutes.
10) We Fund Used Auto & Attorneys.
To become a Capybara Capital ISO please call 646-708-5986 or email me at marcus@capybarausa.com
-
03-09-2022, 01:44 PM #10
- Join Date
- Feb 2020
- Location
- Anaheim, CA
- Posts
- 85
If merchant and business reside in the below states and comes in at a strong enough pre-qualification tier based on Experian FICO pull + internal scoring, we could potentially offer a TRUE CONSOLIDATION monthly term loan with cash out, if affordability allows.
AL, AZ, CA, DC, DE, HI, ID, IA, IL, IN, KS, KY, LA, MD, ME, MS, MO, NE, NH, NJ, NM, NC, OH, OR, SC, UT, VA, WA, WI, WY
If you aren't signed up with LoanMe yet please E-mail business.loans@loanme.com and we'll make it happen.
Cheers and good luck!Joel S Galasso
Senior National Accounts Manager
Small Business Loans
Main: 949-535-7798 | business.loans@loanme.com
1900 S. State College Blvd. Suite 300 Anaheim, CA 92806
-
03-09-2022, 02:00 PM #11
I can do a strong 3rd
Hi friend,
Alfa advance can help!
Our sweet spot is second to third position, and one of our preferred industries happens to be restaurants, so this deal is right up my alley. Please give me a call at (347) 531-9075 to discuss further, or you can submit the file to rasheed@alfaadvancefunding.com for approval.
Best,
Rasheed Miller
-
03-10-2022, 10:35 AM #12
- Join Date
- Mar 2016
- Posts
- 908
sounds like a 30-50k 150 day 3rd position. Send it over if you want me to take a look.
Thank you,
Lior Monus
Business Development Manager
CFG Merchant Solutions
Direct: (646) 880-6764
Cell: (516) 319-5826
Fax: (646) 278-7322
Lmonus@cfgms.com
180 Maiden Lane New York, NY 10038
www.cfgmerchantsolutions.com
-
03-10-2022, 11:32 AM #13
- Join Date
- Dec 2021
- Posts
- 30
Goat advance!
Goat advance!
Amanda schuster
443-797-9714
amanda@goatadvance.com
-
03-10-2022, 11:41 AM #14
- Join Date
- Feb 2022
- Posts
- 25
Shane Johnson
Regional ISO/Broker Rep | Arsenal Funding
M: 917-743-1895
E: shane@arsenalfunding.com
arsenalfunding.com
1-10th positions
-
03-10-2022, 03:25 PM #15
- Join Date
- Dec 2018
- Location
- 48 Wall St. New York, NY 10005
- Posts
- 271
This deal fits our box based on the info given. Reach out to discuss the deal further.
Jeff Pecori
Business Development & ISO Relations
VitalCap Fund | 48 Wall St. | New York, NY 10005
P. 850.630.7509 Ext.101 | F. 646.219.7949
jeff@vitalcapfund.com
-
03-10-2022, 05:12 PM #16
- Join Date
- Mar 2022
- Posts
- 6
Please give me a call. I might be willing to compete on this.
Direct Number:
(212) 965-6115
Email:
nathan@3scapitalgroup.com
-
03-15-2022, 01:12 PM #17
- Join Date
- Mar 2022
- Posts
- 24
We would love to get you an offer on this deal, we wont do 12 months on a 3rd but we can go as long as 8 months
6463002347
sub@ibexfundinggroup
preferred@ibexfundinggroup
-
03-15-2022, 01:34 PM #18
- Join Date
- Jun 2021
- Location
- miami
- Posts
- 436
-
03-15-2022, 03:05 PM #19
-
03-15-2022, 03:10 PM #20
- Join Date
- Jun 2021
- Location
- miami
- Posts
- 436
-
03-16-2022, 11:16 AM #21
- Join Date
- Mar 2022
- Posts
- 24
hey send it over would love to take a look and see if we can fund, response under 10 minutes
6463002347
sub@ibexfundinggroup
preferred@ibexfundinggroup.com
-
03-16-2022, 12:11 PM #22
- Join Date
- Jun 2021
- Location
- miami
- Posts
- 436
-
03-16-2022, 12:33 PM #23
- Join Date
- Jun 2017
- Posts
- 2,049
-
03-23-2022, 10:00 AM #24
LMFAOOOOOOOO HOLY ****ING ****!!!! THIS was CLASSIC
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
Similar Threads
-
CA Restaurant looking for $10K 2nd Position
By NickHubbard in forum Deal BinReplies: 2Last Post: 10-18-2019, 02:16 PM -
Looking For Either A Strong 5th Position or Consolidation
By Michael Jagiello BGF in forum Deal BinReplies: 9Last Post: 09-17-2018, 06:10 PM -
Who here does SBA? Restaurant needed strong financials weak collateral - Let me know
By PJLamar38 in forum Deal BinReplies: 9Last Post: 01-30-2018, 02:26 AM -
A Paper Restaurant Delivery Service 150k a month (wants to keep Kabbage) 160k ask
By MoneyMatchMaker in forum Deal BinReplies: 5Last Post: 05-02-2017, 11:13 AM -
2nd Position for A/B Paper
By mca123 in forum Deal BinReplies: 5Last Post: 01-19-2015, 09:50 AM