Who Funds similar offers to Break out?
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  1. #1

    Who Funds similar offers to Break out?

    Have a 1st pos buy out deal. Currently have an offer for 12 mo. Need 13-14 months to get it done. Any takers?
    Last edited by Dominic S; 07-12-2023 at 12:46 PM.

  2. #2
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    Quote Originally Posted by Dominic S View Post
    Have a 1st pos buy out deal. Currently have an offer for 12 mo. Need 13-14 months to get it done. Any takers?
    Ascentium, iou, mulligan, sos capital, ondeck, idea financial, bluevine, can all go farther then 12 months.

    Iou is the only one that'll do 2nds.

  3. #3
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    I forgot, credibly. I don't use them anymore. They had an iso rep backdoor their iso subs sometime back called Adam Grudman, whom they fired. When I found out I stopped sending them my business.

  4. #4
    To add to zonefund... Select funding, Channel partners, Balboa, Kapitus.

  5. #5
    Quote Originally Posted by budlightboy View Post
    To add to zonefund... Select funding, Channel partners, Balboa, Kapitus.
    Still happy with your choice of username? LOL
    Mark Goldberg

    Blade Funding

    347.281.2223

    Mark@bladefunding.com

  6. #6
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    Quote Originally Posted by budlightboy View Post
    To add to zonefund... Select funding, Channel partners, Balboa, Kapitus.
    Rapid finance!

    Who is select? Rapid capital funding?

  7. #7
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    Quote Originally Posted by budlightboy View Post
    To add to zonefund... Select funding, Channel partners, Balboa, Kapitus.
    What is select fundings website? What time of pricing do they offer? I see they have only filed 2 judgements in ny?

  8. #8
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    Select is in California. Really good funder. They also started doing equipment and Prime A+ loans. Best prepay on the market for MCAs.

  9. #9
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    SmartStep (formerly Principis) can max out at 16 months (they might go to 18, I'm not sure)

    Hard to compete with Breakout, at least the way they used to be, with Monthly payments and 1.1X or low 1.2X sell rates

    IOU, Kapitus, Channel

  10. #10
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    Depends on why they want a longer term for. You can see if they would rather take a shore term that has add ons that work like a line of credit where they can take a 6-9 month term and renew every 3-4 months or so that will just extend the term out longer keep the payments the same the rate is based on the shorter term and get funded 10-15 times over the next few years. Doing it that way they get more money at a cheaper cost and you have a renewal every few months. This is how my company does it and we fund a lot of deals over the long term offers since business always need money at one point or another usually several times a year.


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

  11. #11
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    Quote Originally Posted by budlightboy View Post
    To add to zonefund... Select funding, Channel partners, Balboa, Kapitus.
    Capybara Capital is one tier down (as per our biggest submitting partners) .....
    Marcus Clapman
    Capybara Capital
    marcus@capybarausa.com
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

  12. #12
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    Quote Originally Posted by MCA-VET View Post
    Capybara Capital is one tier down (as per our biggest submitting partners) .....
    Marcus, please stop bs'ing. You are no better then TVT / EFINANCIAL / SPECIALTY. You max out at 9 months and you have full stips for 75k deals. Your 9 month deals are 1.35 buy rates. Every deal comes with a 5% orig fee and at 10 points is maxed around a 1.45 between 6-9 months. From the deals i have seen you in, which are terrible, i am sure you have a very high default % and you are going to fold soon unless you're backed by a LOT of money. To top that off the peak solutions thread puts you in a very bad light with any iso looking to conduct business with any company that you represent.

  13. #13
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    Quote Originally Posted by abfunders View Post
    Select is in California. Really good funder. They also started doing equipment and Prime A+ loans. Best prepay on the market for MCAs.
    What are the websites for specialty finance and select? Plz micah!

  14. #14
    Senior Member Reputation points: 69138 Olderguy's Avatar
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    Quote Originally Posted by Zonefund View Post
    What are the websites for specialty finance and select? Plz micah!
    https://www.selectfunding.com/why-select-funding
    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.

  15. #15
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    Quote Originally Posted by Olderguy View Post
    ty u got one for specialty?

  16. #16
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    submissions@specialtycapital.com
    They had a table at the Broker Fair in October in NY.

  17. #17
    Appreciate the support Micah!

    Dakota Cooley
    Business Development Representative
    (818) 928-3957 (w)
    dakota@selectfunding.com
    https://www.selectfunding.com/partner

  18. #18
    Sorry for jumping in this thread late!

    We have some good programs that could fit what you are looking for. Including a industry leading prepay!
    Reach out...lets see if it makes sense to sign up with us!


    Dakota Cooley
    Business Development Representative
    (818) 928-3957 (w)
    dakota@selectfunding.com
    https://www.selectfunding.com/partner

  19. #19
    Thanks for the shoutout!

    Dakota Cooley
    Business Development Representative
    (818) 928-3957 (w)
    dakota@selectfunding.com

  20. #20
    Yes that's right! We FUND TRUCKING AND CONSTRUCTION and more! Come on lets chat!

    Minimum Monthly Rev: 25,000
    Maximum Funding Amount: 1,000,000
    Buy Rate: 1.20 - 1.42
    Maximum Up Sell: 15%
    Minimum Time in Business: 1 Year
    Minimum Average Bank Balance: $1,000
    Minimum Fico: 550
    Expected Terms: 4-12 Months
    Maximum Negative Days: 5
    Minimum Deposits Per Month: 5
    Minimum Ownership %: 51

    *B PAPER ONLY*
    We will mainly offer daily payment options, Weekly are possible but is on a strict deal to deal basis! We Fund Trucking, Construction, Cannabis, Lawyers, Puerto Rico, Restaurants and much more!

    Nicholas Curcio
    O: (888) 425-2825
    C: (631) 942-3364
    E: nicholas@greenbuckcapital.com
    www.greenbuckcapital.com

  21. #21
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    Quote Originally Posted by Ncurcio View Post
    Yes that's right! We FUND TRUCKING AND CONSTRUCTION and more! Come on lets chat!

    Minimum Monthly Rev: 25,000
    Maximum Funding Amount: 1,000,000
    Buy Rate: 1.20 - 1.42
    Maximum Up Sell: 15%
    Minimum Time in Business: 1 Year
    Minimum Average Bank Balance: $1,000
    Minimum Fico: 550
    Expected Terms: 4-12 Months
    Maximum Negative Days: 5
    Minimum Deposits Per Month: 5
    Minimum Ownership %: 51

    *B PAPER ONLY*
    We will mainly offer daily payment options, Weekly are possible but is on a strict deal to deal basis! We Fund Trucking, Construction, Cannabis, Lawyers, Puerto Rico, Restaurants and much more!

    Nicholas Curcio
    O: (888) 425-2825
    C: (631) 942-3364
    E: nicholas@greenbuckcapital.com
    www.greenbuckcapital.com
    Thanks for spamming every thread..... This one is a month old.
    Hedley Lamarr......That's Hedley

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