I need a Partner to Fund a Difficult Deal

**microboby** · 01-07-2015, 12:36 PM

Ok I have a merchant that makes over $5.0 Mill x Year , Bank Statements are solid and everything is good. The issue is Owner was convicted 20 Years ago but after that everything else looks good. I can get over details if your an Funding Source interested on this deal.

We need over 100K on this one and the package is solid.

Please PM if you can do this file but if your a broker / ISO please do not reach to me.

Thanks

**Zach** · 01-07-2015, 01:03 PM

Convicted of what?

**mcaguru** · 01-07-2015, 01:07 PM

It should not be a problem! ....

Sign-up with Cresthill Capital and receive "Double Digit" commissions, that's RIGHT!! (new 2015 structure!). same on renewals!!

we specialize is funding B/C/D paper/ construction/ Home based/ logistics/ trucking/insurance agencies/ NO auto sales . we also have a micro-funding-program (less invasive underwriting model) making aggressive offers from 2K and up (CA. minimum 5k).

Fast underwriting with fewest stips commissions paid Tuesday and Thursday

bizdev@cresthillcapital.com

**microboby** · 01-07-2015, 01:13 PM

Originally Posted by mcaguru

It should not be a problem! ....

Sign-up with Cresthill Capital and receive "Double Digit" commissions, that's RIGHT!! (new 2015 structure!). same on renewals!!

we specialize is funding B/C/D paper/ construction/ Home based/ logistics/ trucking/insurance agencies/ NO auto sales . we also have a micro-funding-program (less invasive underwriting model) making aggressive offers from 2K and up (CA. minimum 5k).

Fast underwriting with fewest stips commissions paid Tuesday and Thursday

bizdev@cresthillcapital.com

This Deal was declined by you guys before !!

**isaacdstern** · 01-07-2015, 01:18 PM

Yellowstone would take a look

800-955-2411

**JSL23** · 01-07-2015, 01:26 PM

Originally Posted by microboby

This Deal was declined by you guys before !!

LOL...

What was he convicted of?? I can probably get this done for you....we have funded a few interesting ones lately and have Lenders that like large volume($5 million in sales for example) PM me if you are interested

**stevenk** · 01-07-2015, 01:40 PM

We will take a look Nulook Capital

Steven Kamhi
Phone 516-444-3499
Cell -516-314-6887
Fax 1-516-765-9184
STEVENK@NULOOKCAPITAL.COM

**mcaguru** · 01-07-2015, 01:48 PM

Originally Posted by microboby

This Deal was declined by you guys before !!

based on the conviction?

**mcaguru** · 01-07-2015, 01:50 PM

Nulook Capital may be an option!

**microboby** · 01-07-2015, 02:01 PM

Originally Posted by isaacdstern

Yellowstone would take a look

800-955-2411

Yellowstone said no as well ....

**fundgorilla** · 01-07-2015, 03:10 PM

Bwaaah ha ha ha ha! Buck up, I had a guy with 200k approved and they did not pull background until the contracts were in and submitted and all stips were cleared.....then it turned out he'd played hide the soap in club fed over a little bolivian marching powder. Happens to the best and worst of us.

**GMFunding** · 01-08-2015, 09:22 AM

If all these HR lenders declined I'd be open to anyone who could offer you information.

**ADiamond** · 01-08-2015, 10:19 AM

Haha well, it must have been a financial crime or something very serious. Tell us the nature of the crime so we know what you're working with? and SIC code please.

**Sachip24** · 01-08-2015, 10:59 AM

Originally Posted by microboby

This Deal was declined by you guys before !!

lmao

**Jstarr** · 01-08-2015, 10:59 AM

Swift Capital , I had a client that had a Major Felony and they accepted it.

**microboby** · 01-08-2015, 11:10 AM

The file is being reviewed since yesterday lets see what happens . by the way SWIFT did not liked it either

**omegafund** · 01-08-2015, 11:14 AM

If the merchant has commercial accounts receivables or heavy equipment to use as collateral that would be a realistic approach to getting funded. If the felony was for any type of money or bank fraud then it will probably still be a no.
bzuniga@omegafund.com

**Funder Mark** · 01-08-2015, 11:20 AM

What was the crime? If it was financial there may not be a thing anybody can do, so you should be aware to be careful with your time.

**fundgorilla** · 01-08-2015, 12:02 PM

If this guy gets funded I'm putting a stack of applications in the parole office! LOL!

**ElisaMVF** · 01-08-2015, 01:29 PM

I just funded a deal where they owner had a past felony for passing bad checks.

**JSL23** · 01-09-2015, 02:52 PM

I got a file from an ISO once and probably did not check out the Merchant as much as I should have........we got an offer....he accepted. After we sent in contracts the Underwriter sent us an email with a link. I clicked on the link and it was a newspaper article about the Merchant (complete with a picture of him doing a perp walk) getting arrested for Fraud........needless to say that one did not ever get funded!!

**GRP Funding** · 01-09-2015, 02:57 PM

I think we got this deal from someone yesterday as well. If it is the same deal, the bank statements are doctored and the conviction is finance related.

**microboby** · 01-09-2015, 05:07 PM

Well any UW should do a bank verification or decision logic to verify the bank statements. Its 2015 .. technology is your friend

**CreditGuy** · 01-10-2015, 12:22 PM

That they submitted altered statements to any lender is a character issue. That you're shopping it is a character issue as well.

**FRESH DIRECT** · 01-10-2015, 03:35 PM

It was money laundering. I know the merchant. Won't say merchants name but I googled him and beyond the conviction was a laundry list of shady stuff. Anyone would be a fool to offer him a dime.

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