Results 1 to 6 of 6
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03-12-2023, 03:32 PM #1
- Join Date
- Apr 2018
- Posts
- 178
Bloodbath Coming?
Just my thoughts:
This week will be a bloodbath. All of your merchants will panic and withdraw all their cash from their banks. Accounts will close and your daily or weekly MCA payment will not last long.
I was going through my inbox of any deals with SVB bank statements and I found some pretty big files with a few large positons. I doubt those will ever be paid again.
First republic is on the edge and I personally have a couple of merchant using them.
There is no telling how bad it will be but it may be unprecedented.
SVB was a different animal entirely as to why it collapsed but with the current ecomcomy and the retail investor shorting eveything under the sun, its a recipe for a disaster.
Buckle up. It may be a crazy MF-KING week.
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03-12-2023, 06:01 PM #2
Yellen was saying "no bailout". Probably will be bought by another bank.
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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03-12-2023, 08:02 PM #3
- Join Date
- Jun 2015
- Posts
- 3,322
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03-13-2023, 09:31 AM #4
- Join Date
- Jun 2015
- Location
- Gainesville, FL
- Posts
- 199
They will get piecemealed to the big 4.
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03-13-2023, 09:33 AM #5
- Join Date
- Mar 2022
- Posts
- 33
This is why you do not keep all your eggs in the same basket.
GET READY TO BUY SOME PROPERTIES
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03-13-2023, 09:56 AM #6
- Join Date
- Dec 2021
- Posts
- 637
Calm all down. what will see is major pull back from bank loans and the LOC products (IMO) many are saying the MCA credit facilities will be breathing down funders necks / forcing UW Changes. As far as Capybara Capital we do not use ANY outside institutions for any of our capital structures.... therefore making us one of the best funders to be signed-up-with during this period. marcus@capybarausa.com
Marcus Clapman
Capybara Capital
marcus@capybarausa.com
www.capybarausa.com
646-708-5986 (Text Friendly!)
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