Clean file - 2nd pos -500k , monthly or 2x month payments needed
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  1. #1

    Clean file - 2nd pos -500k , monthly or 2x month payments needed

    Merchant takes mcas as like purchase order financing

    Has a 4 month invoice needs 500k to fulfill it for only 6 months

    Clean deal can get it done anywhere but issue is wants monthly or 2x a month. First pos is weekly. He's always taken weekly but wants 2x month or monthly now.

    Who can fund a 6 month 500k 2nd with 2x orc1x a month payment, and pay 10+, at 1.25-1.41 with 2-3 orig fee?

    Tech company 7mill a month revenue 800 fico 50 years tib

    Has to fund tomorrow

  2. #2
    Senior Member Reputation points: 22201
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    500K is doable at Capybara! ... Ill be up in a few hours text me so i can understand the scenario better...
    Marcus Clapman
    Capybara Capital
    marcus@capybarausa.com
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

  3. #3
    Senior Member Reputation points: 99
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    cant do monthly - but have an idea for payments, email me at andrew@efinancialtree.com and we'll jump on a call early morning and i'll run it past you.

  4. #4
    Senior Member Reputation points: 6957 ESE5020's Avatar
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    Quote Originally Posted by Rewardfunding View Post
    Merchant takes mcas as like purchase order financing

    Has a 4 month invoice needs 500k to fulfill it for only 6 months

    Clean deal can get it done anywhere but issue is wants monthly or 2x a month. First pos is weekly. He's always taken weekly but wants 2x month or monthly now.

    Who can fund a 6 month 500k 2nd with 2x orc1x a month payment, and pay 10+, at 1.25-1.41 with 2-3 orig fee?

    Tech company 7mill a month revenue 800 fico 50 years tib

    Has to fund tomorrow
    Depending on a few factors, mainly the A/R, we can consider Bi-weekly or monthly. To be transparent, Monthly would have to be a great looking deal, bi-weekly is easier.
    East Shore Equities, LLC
    Submissions@EastShoreEquities.com
    Tel: 516-231-5595 | Fax: 516-231-5590
    www.EastShoreEquities.com

  5. #5
    give me a call will fund same day -

    347-377-0223

  6. #6
    Senior Member Reputation points: 10476
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    Nov 2019
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    I have a 2 times a month payment if qualified on a first position. If the file is really strong and the gross reserve on his current position and the new one is low enough maybe i can get it done as a second. If we do do it for that program and dollar size our fees will be 2.5% and the factor rate would be something like 1.31 paying 7 total for 6 months roughly.

  7. #7
    Closer pm me your info

  8. #8
    Hello, my name is Herman and I am with Advantage Capital Funding, we are a direct lender.
    Let's do some business together.
    Thank you

    Herman Ospina
    ISO Rep:
    (O): 3478994677 Ext 1111
    herman@advantagecapitalfunding.com

    Advantage Merchant Funding
    104 E. 25th St.10th FL.
    NY, NY 10010
    advantagemerchantfunding.com/

  9. #9
    Senior Member Reputation points: 10476
    Join Date
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    Quote Originally Posted by Rewardfunding View Post
    Merchant takes mcas as like purchase order financing

    Has a 4 month invoice needs 500k to fulfill it for only 6 months

    Clean deal can get it done anywhere but issue is wants monthly or 2x a month. First pos is weekly. He's always taken weekly but wants 2x month or monthly now.

    Who can fund a 6 month 500k 2nd with 2x orc1x a month payment, and pay 10+, at 1.25-1.41 with 2-3 orig fee?

    Tech company 7mill a month revenue 800 fico 50 years tib

    Has to fund tomorrow
    If the file is that strong i can talk to management about giving an exception on 2 times a month payment. The rate would be looking around 1.31 for 6 months paying 7 points and 2.5 orgination fee.

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