Results 1 to 14 of 14
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06-30-2022, 02:40 PM #1
- Join Date
- Dec 2016
- Posts
- 54
restaurant with low bank balances that never bounces
Have a 4 year old restaurant that avg $30k a month with 610 credit in Virginia, but always keep balances below $500 but never goes negative
have a $20k offer and looking for min $35k to purchase additional oven
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06-30-2022, 02:43 PM #2
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,472
20 "funders" who have no money will say "send it over" in less than 60 seconds.
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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06-30-2022, 03:07 PM #3
- Join Date
- Dec 2021
- Posts
- 637
Marcus Clapman
Capybara Capital
marcus@capybarausa.com
www.capybarausa.com
646-708-5986 (Text Friendly!)
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06-30-2022, 03:26 PM #4
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06-30-2022, 04:34 PM #5
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06-30-2022, 05:32 PM #6
- Join Date
- Jul 2015
- Location
- Tampa Florida
- Posts
- 498
We can take a look at this on first position credit card split. Might be able to get there if we can pay the 3rd party direct.
Jason H l Sales & Business Development
Quikstone Capital Solutions l Tampa FL
Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
Jason.Hausle@quikstonecapital.com
www.quikstonecapital.com
Direct Lender Since 2005
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07-01-2022, 11:43 AM #7
- Join Date
- May 2022
- Posts
- 98
We can do a Credit card split. That would be ideal from what I'm reading.
$ 1% bonus point for the month of June $
We have revamped our lending criteria for aggressive offers and maximum deal flow. We pride ourselves on being extremely creative and flexible.
Our funding Criteria:
- 10k minimum funding - 500k max funding
- B, C, D paper
- Offers not based on credit score - low credit ok
- Response time (realistically) as low as 60 minutes
- 1st - 5th position - Up to 38% withhold of net deposits
- 1.32 buy rates
- Terms up to 140 days (weekly's upon approval)
- Max Upsell to 15 points
- Early Payoff Discounts
- 4 truck minimum for trucking industry
- 15k a month average revenue
- Minimum of 5 deposits per month
- Minimal stips (VC & ID)
- Docusign Contracts
- Commission paid after 1st debit clears (4 days)
! Attention Sales Reps !
- Ask us about our Line of Credit for syndication -
Michael Ross
Lendbug
New York, NY
Mross@lendbug.com
646-360-0411
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07-01-2022, 11:45 AM #8
- Join Date
- Jun 2017
- Posts
- 2,049
If they keep their balances so thin...... what will happen when you add a daily payment????
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07-01-2022, 12:39 PM #9
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07-01-2022, 03:40 PM #10
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,926
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
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07-05-2022, 10:16 AM #11
- Join Date
- Apr 2013
- Posts
- 245
Lot of funders will not touch this because it's in VA, new laws went into effect friday.
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07-05-2022, 10:21 AM #12
- Join Date
- Jun 2017
- Posts
- 2,049
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07-05-2022, 10:41 AM #13
- Join Date
- May 2022
- Posts
- 87
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07-05-2022, 07:49 PM #14
- Join Date
- Dec 2016
- Posts
- 379
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