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08-05-2022, 09:49 AM #1
- Join Date
- Apr 2015
- Location
- Morristown, NJ
- Posts
- 100
1st Position Freight Broker
Looking for a first position offer to compete with a current offer the merchant has from another broker. He's being offered 18k @ 1.499 over 45 payments.
Looking to match that and bump it to 50-60 payments.---------------------------------------------------------
Rich McKellar
www.linkedin.com/in/richardmckellar
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08-05-2022, 10:02 AM #2
Have you gone back to that lender and requested a term increase? That usually works in most cases. I just figure out the payment at the new term and tell the lender that the client is more comfortable with this payment...can we extend the term?
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.
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08-05-2022, 10:06 AM #3
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08-05-2022, 10:10 AM #4Steve 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.
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08-05-2022, 11:39 AM #5
- Join Date
- Apr 2015
- Location
- Morristown, NJ
- Posts
- 100
---------------------------------------------------------
Rich McKellar
www.linkedin.com/in/richardmckellar
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08-05-2022, 10:27 AM #6
- Join Date
- Aug 2021
- Posts
- 120
Send it.. if the only problem is industry, I'll beat that term.
Andrew@efinancialtree.com
eFinancial Tree
C: 815 260 0284 (Call or Text)
Submissions@efinancialtree.com
https://www.efinancialtree.com/
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08-05-2022, 10:43 AM #7
- Join Date
- Nov 2019
- Posts
- 675
If the merchant has good daily balances and credit i am confident i can get you a lot better deal. Our first position deals work like a line of credit on renewals so the merchant does not get double dipped on the old balance.
Scott Platto | ISO Relations MGR
Total Merchant Resources
377 Hoes Lane, Suite 240, Piscataway, NJ 08854
(O) 212-220-9872 ext 105
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08-16-2022, 03:29 PM #8
- Join Date
- Jul 2022
- Location
- BROOKLYN NY
- Posts
- 60
we can deff take a look at it for you
Leon Davis
Funder / Iso Relations
Brickstone Fund
Phone: 347-433-7727
EMAIL: Leon@brickstonefund.com
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