Results 1 to 8 of 8
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07-11-2022, 09:42 AM #1
- Join Date
- Apr 2015
- Location
- Morristown, NJ
- Posts
- 100
Wholesaler - Need Clean 3rd Position
Have a clean deal that I fund regularly, has 2 balances currently totaling 179k. Merchant does 350-550k a month. Has balances of over 200k at all times, no negatives, no bounces, very clean plus credit is roughly 670.
Merchant needs a 3rd position, looking for who does the highest funding amounts at the best rate and terms, as he is rate and term sensitive.
Merchant wholesales goods to bodegas and retail grocery stores.---------------------------------------------------------
Rich McKellar
www.linkedin.com/in/richardmckellar
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07-11-2022, 09:52 AM #2
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
Factor that...... A lot of the smaller stores are probably cash. How much of the AR is larger stores?
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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07-11-2022, 10:41 AM #3
- Join Date
- Apr 2022
- Location
- New York
- Posts
- 78
send it
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07-11-2022, 11:03 AM #4
24 Capital Funding funds wholesalers up to 5th position. We would be more than happy to price this out for you in a matter of an hour or two. Details in the signature below.
203-705-8764
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07-11-2022, 11:07 AM #5
We do 3rd positions. We are quick and usually pretty flexible. Feel free to reach out.
Direct Funder | FirstLine Advance | New York, NY.
firstlineadvance.com
Call us: 929-592-3073
Email us: subs@firstlineadvance.com
1st position and up | Snap Funding within 2 hours | No credit checks
Currently accepting new ISO's!
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07-11-2022, 01:51 PM #6
- Join Date
- Dec 2021
- Posts
- 638
Capybara Capital is one of the most aggressive 3rd position funders in the MCA Space. You will not only be impressed with LONGER-TERM-OFFERS but we seek to do WEEKLY's with LOWER_FACTOR_RATES to then upsell/downsell to out win competitive offers. For ISO agreement Email: marcus@capybarausa.com
Marcus Clapman
Capybara Capital
marcus@capybarausa.com
www.capybarausa.com
646-708-5986 (Text Friendly!)
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07-11-2022, 04:18 PM #7
- Join Date
- May 2022
- Posts
- 98
Sounds like something we can do. Send it over.
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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07-15-2022, 01:52 PM #8
- Join Date
- Jun 2022
- Posts
- 86
looks like something right up our ally. email me the info
Eugene Markman
Gene@capital-assist.com
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