3rd position needed, 750k monthly rev
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  1. #1

    3rd position needed, 750k monthly rev

    Deposits: 49
    Monthly Rev: 750k
    ADB: 200k
    Negative Days: 0
    Positions: 2 (both A paper)
    Withhold %: 8.60%
    Industry: Mortgage Broker
    Credit: 800
    State: California
    Last Funding: December
    Looking For: 150-200k 20-24 weeks

    Pre-existing client of mine.

    Who has a home for this deal?

  2. #2
    Senior Member Reputation points: 69645
    Join Date
    Mar 2016
    Posts
    898

    Send - sounds solid. Seems like a 6 figure approval 7-9 month term. Might be able to go longer depending on balances / who the positions are with.

    Feel free to reach out, ide love to take a crack at this.
    Thank you,

    Lior Monus
    Business Development Manager
    CFG Merchant Solutions


    Direct: (646) 880-6764
    Cell: (516) 319-5826
    Fax: (646) 278-7322
    Lmonus@cfgms.com
    180 Maiden Lane New York, NY 10038

    www.cfgmerchantsolutions.com

  3. #3
    this deal matches our sweet spot perfectly , send it over jake@bowapplecapital.com give me a call if you have any questions 929-400-1360

  4. #4
    Member Reputation points: 10
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    Jun 2022
    Location
    Brooklyn
    Posts
    6

    Looks like something we might be able to give a competitive offer on.
    Pinny Andrusier

    Web: Dlpfunding.com

    Email: pinny@dlpfunding.com

    Cell: (614) 321-7678

    Office: (877) 378-0484

  5. #5
    Senior Member Reputation points: 10476
    Join Date
    Nov 2019
    Posts
    654

    Quote Originally Posted by bellanelson View Post
    Deposits: 49
    Monthly Rev: 750k
    ADB: 200k
    Negative Days: 0
    Positions: 2 (both A paper)
    Withhold %: 8.60%
    Industry: Mortgage Broker
    Credit: 800
    State: California
    Last Funding: December
    Looking For: 150-200k 20-24 weeks

    Pre-existing client of mine.

    Who has a home for this deal?
    From what you are saying this is a deal I can get done. Send it over so i can review it.

    Scott Platto
    Scott@tmrnow.com
    tmrnow.com
    212-220-9872

  6. #6
    Hey.
    You can submit your deals directly to:

    eric@overnight-capital.com
    Eric Hersh
    Overnight Capital

    T (929)339-0086
    C: (917) 500-3981
    www.overnight-capital.com
    eric@overnight-capital.com

  7. #7
    Banned Reputation points: 573
    Join Date
    Jun 2022
    Posts
    86

    Hi,

    we are funders.

    you can submit it

    eugene@equitaadvance.com

  8. #8
    Veteran Reputation points: 135029 Chambo's Avatar
    Join Date
    Sep 2012
    Location
    New York City
    Posts
    3,178

    Quote Originally Posted by Lmonus View Post
    Send - sounds solid. Seems like a 6 figure approval 7-9 month term. Might be able to go longer depending on balances / who the positions are with.

    Feel free to reach out, ide love to take a crack at this.
    7-9 month THIRD position? The existing balances weren't mentioned. Plus, they are a broker. What is the pass thru?

  9. #9
    Senior Member Reputation points: 1755
    Join Date
    Oct 2022
    Posts
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    Why not look into an SBA7a or a Traditional Term loan?!

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