Need someone that can do close to 1 million
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  1. #1
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    Need someone that can do close to 1 million

    Have a merchant doing 1.2 million a month.
    Has offer for 500k at a great rate but needs more money.
    Merchant has strong credit over 680, no neg days or returns. Can anyone do over 500k for for less then 1.35?

  2. #2
    Senior Member Reputation points: 78889 Olderguy's Avatar
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    How quick does he need funding? He could qualify for a term loan of $1M plus. 10 years 6%. Needs collateral and show a profit on the tax returns. Will take 45 to 60 days. Does he have A/R to factor?
    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.

  3. #3
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    Capybara Capital funds over 500K (up to 3M!) and our buy-rates can start in the low 120's and terms can be up to 12 months. Sign-Up today Email marcus@capybarausa.com we also have sweet long term offers on the high risk paper -- you may be shocked how long we go on the high risk......
    Marcus Clapman
    Capybara Capital
    marcus@capybarausa.com
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

  4. #4

    I can fund this deal!

    This deal is right up my alley. We fund pretty quickly (less than 4hrs) and we offer 13 points on premium deals. For a fast approval forward the deal to rasheed@alfaadvancefunding.com

    Positions: 1st - 5th
    Min. monthly revenue: $50,000.00
    Min. FICO: 550
    Min. Time in Business: 1 year
    Minimum average daily balance: $1,000.00
    Maximum funding amount: No maximum
    Maximum term: 12 months
    Repayment options: daily & weekly
    Consolidations: Yes ($100k min)

    Rasheed Miller
    https://alfaadvance.com/
    (347) 531-9075

  5. #5
    Senior Member Reputation points: 1519
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    We can do more than 500k if AR is strong, can't do much lower than a 1.35 though.

    Feel free to send it our way.

    deals@clearfund.co

    Thanks.
    Underwriting Desk | ClearFund Solutions | New York, NY.
    P: 855-543-2133 E: deals@clearfund.co W: www.clearfund.co
    _____________________________

    ClearFund is a Direct Funder
    ISO inquires: partners@clearfund.co

  6. #6
    Hello,

    We have No Funding Cap & can be quite creative with our offers. We would be glad to compete for your business. Please give us a shot.

    1st to 10th Position - No Funding Cap

    Minimum Monthly Revenue For 1st Position:
    - $50,000

    - Minimum Monthly Revenue For 2nd position & On:
    - $20,000

    - Our Product
    5k to No Funding Cap
    Instant DocuSign Contracts
    Light Stips - Drivers License & Voided Check
    Full Commissions on Renewals & Funded Default submissions.

    Contact: Gill Navarro
    Director of ISO Relations
    1-862-303-3225
    Email - Gill@keycapitalfunding.com
    Website - https://keycapitalfunding.com/iso/


    https://keycapitalfunding.com/iso/
    ISO PIC.gif
    https://keycapitalfunding.com/iso/

  7. #7
    Member Reputation points: 10
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    yes

  8. #8
    I can fund this client for you, send me a email asap. Randyh@pageholding.com

  9. #9
    Senior Member Reputation points: 10961
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    I am looking for a direct lender

  10. #10
    Senior Member Reputation points: 340530
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    Quote Originally Posted by Fundthis! View Post
    I am looking for a direct lender
    What industry?

    $1.2Mil/month business would likely have over $1.5Mil in accounts receivables outstanding. That being said, they may qualify for an ABL facility or factoring. If the have inventory or M&E that might drive a larger facility. Rates should be somewhere between 5% and 8% APR fully baked.
    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

  11. #11
    Quote Originally Posted by Fundthis! View Post
    Have a merchant doing 1.2 million a month.
    Has offer for 500k at a great rate but needs more money.
    Merchant has strong credit over 680, no neg days or returns. Can anyone do over 500k for for less then 1.35?
    we can do 500 but not at 1.35
    please send over to ari@ibexfundinggroup.com and would love to see what we can do
    6463002347

  12. #12
    we don't have a cap on dollar amounts but our rates start at 1.35 on preferred deals
    please send over thank you

  13. #13
    Senior Member Reputation points: 340530
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    Quote Originally Posted by ARI@ibexfundinggroup View Post
    we don't have a cap on dollar amounts but our rates start at 1.35 on preferred deals
    please send over thank you
    You spammed this thread yesterday.....
    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

  14. #14
    Quote Originally Posted by ARI@ibexfundinggroup View Post
    we don't have a cap on dollar amounts but our rates start at 1.35 on preferred deals
    please send over thank you
    Wow. So you are the guy with all the money in the world!

  15. #15
    ALFA Advance funds direct

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