Results 1 to 9 of 9
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10-27-2023, 06:19 PM #1
- Join Date
- Sep 2021
- Posts
- 190
1st POS Concrete/Pavement
Merchant has ZERO negative days in 5 months (3-4 days at less than 500 but not negative) mostly 2K+. Does 65-90K monthly, more than 5 deposits monthly. No positions, no defaults. I'm looking for 120 days, 40K. NO 1.49 Thank you.
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10-30-2023, 10:33 AM #2
- Join Date
- Sep 2023
- Location
- MIAMI
- Posts
- 46
May be able to offer something, as long as the company is not in Utah, Hawaii, or Puerto Rico, what rate are you looking for here?
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10-30-2023, 10:39 AM #3
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10-30-2023, 11:08 AM #4
- Join Date
- Nov 2019
- Posts
- 676
Like someone else said based on your post the balances are not really healthy. A business with health cash flow should be keeping at least around 5% of what is deposited monthly in daily balances and sounds like this guy does not. I can take a look at it nd depending on where the balances are every day credit and tib i can try to get you an offer with less than a 1.499. My first postion renewals work kind of like a credit line so rate and term does not really matter of the merchants need more money which most do.
Scott Platto
scott@tmrnow.com
tmrnow.com
212-220-9872
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10-30-2023, 03:05 PM #5
If TIB is over a year I can take a look.
You can down-sell the rate in the low 1.3s.
Joey Andreoni
Rocket Capital
(C)848-318-2721
(O)786-954-5086
Joey@rocketcapllc.com
https://rocketcapllc.com/
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10-30-2023, 03:32 PM #6
We can consider this. As for rates, you can sell this lower than 1.499 but it will affect your commission. Although our fundings do not come with predetermined term lengths, we have the flexibility to base our offers on up to 250 estimated daily installments. We also offer weekly structures for all offers.
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10-30-2023, 03:36 PM #7Mike Guiliano
ISO Relations Manager
(786) 629-5771
3111 N University Blvd Suite 604
Coral Springs, FL
michael@cornerstonefundingllc.com
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10-30-2023, 03:49 PM #8
- Join Date
- Aug 2018
- Posts
- 795
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11-07-2023, 04:29 PM #9
- Join Date
- May 2023
- Location
- Salt Lake City
- Posts
- 12
I can help consolidating debt, Lee@stallingcapitalpartners.com
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