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  1. #1
    Senior Member Reputation points: 1393
    Join Date
    Apr 2013
    Posts
    358

    Need strong 3rd position funder

    Retail with two locations averaging $285K looking for $100-$150K.

    Merchant has two balances, combining for $300K. Pays $2,500 combined daily on them. Clean banks.

    CA based. Appreciate your best recommendations.

  2. #2
    If your numbers are accurate, he's at 17.5% remit. Sounds very doable as we go up to 40% holdback, can have this priced out for 3rd position for you within the hour.
    203-705-8764

  3. #3
    Quote Originally Posted by Quickfunder View Post
    Retail with two locations averaging $285K looking for $100-$150K.

    Merchant has two balances, combining for $300K. Pays $2,500 combined daily on them. Clean banks.

    CA based. Appreciate your best recommendations.


    Sounds doable. 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:

    - 5k minimum 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

  4. #4
    Well within our wheelhouse; file is our bread and butter actually. We'll price and fund same day as well.

  5. #5
    Senior Member Reputation points: 9802
    Join Date
    Nov 2019
    Posts
    638

    If the revenue is correct and the daily balances are very strong of 5% a day of what he deposits monthly i am sure my company could possibly get them 100-150k range as a third position. Our rates on stacks if it is a second third or fourth positions deals are all the same and our underwriting fees are only 3% on that size deal. You can reach me via email @scott@tmrnow.com or call me at 212-220-9872.

  6. #6
    Senior Member Reputation points: 22201
    Join Date
    Dec 2021
    Posts
    630

    Capybara Capital is from the select-funders that offer Higher $$$$$ amounts with longer-terms and lower buy-rates on 3rd position files. ISO's tell me all the time capybara capital comes in ahead in many of the 3rd-4th position deal offers. sign-up today at: marcus@capybarausa.com
    Marcus Clapman
    Capybara Capital
    marcus@capybarausa.com
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

  7. #7
    Send over the deal and ill take a look at it
    Ovadia Baba
    Head of Iso Relations
    M: (347)-233-8624
    E: ovadia@mradvancellc.com

  8. #8
    Banned Reputation points: 1591
    Join Date
    Nov 2021
    Location
    Florida
    Posts
    46

    Quote Originally Posted by Quickfunder View Post
    Retail with two locations averaging $285K looking for $100-$150K.

    Merchant has two balances, combining for $300K. Pays $2,500 combined daily on them. Clean banks.

    CA based. Appreciate your best recommendations.
    I know you've got a lot of options here, although we'll go behind anything that makes sense and pay up to 15 pts!
    So if you'd like to try us out on a couple deals feel free to send me an email!

    Thanks,

  9. #9
    If this hasn't been funded yet i would love to work on this for you.

    Ari@breezeadvance.com
    917-868-8843

  10. #10
    Member Reputation points: 142
    Join Date
    Jul 2022
    Location
    BROOKLYN NY
    Posts
    60

    Leon Davis see us in statements give me a call or shoot me a email we can wrap this up today
    Funder / Iso Relations

    Brickstone Fund*
    Phone:*347-433-7727

    leon@brickstonefund.com

  11. #11
    I'd be happy to take a look.

    3rd-4th pos is our sweet spot!

    Let me know what is needed to earn your business!

    sam@unlimitedfundinggroupllc.com

    718-710-6979

  12. #12
    Member Reputation points: 14
    Join Date
    Jul 2022
    Location
    NYC
    Posts
    34

    We love funding these types of deals! Check us in bank statements! Infusion Capital

    Gary@Infusioncapital.org

  13. #13
    3rd -9th position is our sweet spot, can beat any offers with highest $$$ amount. Contact me samantha@proventurecap.com


    Samantha Kavral
    Proventure Capital
    samantha@proventurecap.com
    (929)289-4445

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