Wholesaler - Need Clean 3rd Position
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  1. #1
    Member Reputation points: 1158
    Join Date
    Apr 2015
    Location
    Morristown, NJ
    Posts
    98

    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

  2. #2
    Senior Member Reputation points: 337126
    Join Date
    Mar 2015
    Location
    Rock Ridge
    Posts
    3,461

    Factor that...... A lot of the smaller stores are probably cash. How much of the AR is larger stores?
    Hedley Lamarr......That's Hedley

  3. #3
    Banned Reputation points: 10
    Join Date
    Apr 2022
    Location
    New York
    Posts
    78

    send it

  4. #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

  5. #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!

  6. #6
    Senior Member Reputation points: 22201
    Join Date
    Dec 2021
    Posts
    632

    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!)

  7. #7
    Quote Originally Posted by rmckellar View Post
    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.

    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

  8. #8
    Banned Reputation points: 573
    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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