Results 1 to 12 of 12
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03-18-2022, 08:02 PM #1
- Join Date
- Apr 2013
- Location
- Basalt CO
- Posts
- 869
Restaurant doing $100k a month in gross looking for $65k
I have a restaurant with ok banks doing $100k a month in gross rev, $65k in cc sales.
I got him an offer form Mantis for $20k over 85 payments at a 1.49. He wont take it.
He is looking for $65k.
His credit is absolute ****.
He is in NJ so Loan Me wont do it.
Also tried Rapid and Kaptus with instant declines.
Anyone here want to take a look?I put my contact info in here, and
was bombarded with spam from funders
if you need to reach me PM me
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03-18-2022, 08:43 PM #2
Does he have any real estate to do a no doc hard money loan?
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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03-19-2022, 07:11 AM #3
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,996
IMO - forget the $65K - If they are averaging $65K in cc sales over the last 4 months,
MAYBE in the range of $30/$35 with a credit card split lockbox.
My estimation, factor rate will be in the same range, but he will have flexible daily payments.
Beyond that, move on to the next better deal.Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
Office: 727-233-1111
Skype: fc-financial
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03-21-2022, 01:45 PM #4
ALFA Advance LOVES funding restaurants
Poor credit?
No problem, I’ll fund your merchant $65k with 13 points built-in for you. If this deal is still active feel free to submit it to rasheed@aflaadvancefunding.com for approval or give me a call for more information about our company
I look forward to hearing from you
Rasheed Miller
(347) 531-9075
https://alfaadvance.com/
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03-21-2022, 02:06 PM #5
- Join Date
- Nov 2021
- Location
- Florida
- Posts
- 46
Send it over, we did something similar to this recently
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03-22-2022, 12:40 PM #6
- Join Date
- Mar 2022
- Posts
- 24
send it over to us and well let you know what we can do
ari@ibexfundinggroup.com
6463002347
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03-24-2022, 10:49 PM #7
- Join Date
- Dec 2019
- Posts
- 158
We are a micro funder - 15k max on first deal, 12 point commission to broker. Renewals up to 25k.
Decisions on deals in 30 minutes or less
Every approval comes with an instant checkout link (mobile and desktop ready) for your merchant to checkout their funds
NO VC or ID required up front if you would like to proceed with any approval received by us
Interested in becoming an ISO or want more info.
Shoot an email/text to joe@superfastcap.com/646-546-3866.Thank you,
Joseph Vaknen
Business Development
SuperFastCap
Direct: (646) 546-3866 (Text or Call)
E-mail: Joe@superfastcap.com
www.superfastcap.com
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03-28-2022, 05:35 PM #8
- Join Date
- Feb 2014
- Location
- Florida
- Posts
- 266
Try QuikStone
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03-31-2022, 12:41 PM #9
- Join Date
- Dec 2021
- Posts
- 154
We don't look at credit. If you hadn't gotten this funded yet we can give an offer.
Feel free to submit the file to subs@capitalizegroup.com
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03-31-2022, 02:28 PM #10
- Join Date
- Apr 2021
- Posts
- 121
At Hybrid Advance we do these deals all day long.
Please send this file directly to me.
Email: kevin@hybridadvancellc.com
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04-05-2022, 11:37 AM #11
- Join Date
- Jan 2022
- Posts
- 11
Send it over Randyh@pageholding.com
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04-18-2022, 07:35 PM #12
- Join Date
- Apr 2022
- Location
- New York
- Posts
- 78
Let me see what I can do if it hasn't been funded yet or even to go behind if it was.
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