Quote Originally Posted by Robinhood21 View Post
Have a construction merchant making 800k- to 1 mil a month

good daily ending balances over 7 years TIB

can't seem to get a decent over $150,000


best offer i have is $150,000 1.23 12 months

who can assist here (someone reputable)
With that revenue max 150k there seems like there is something wrong. getting a 12 month 1.23 sell rate is a ridiculously low rate and term. If it is a good file i might be able to go to 250-500k range which is our max on a construction first deal. We will cap 6-9 months depending on bis credit and daily balances. My rate will be higher than the 1.23. but as long as the merchant does not stack on me our renewals are a true add on that works like a line of credit. I can get him millions of the nest few years but he is only paying the cost of a 6-9 month term Fell free to reach out to me.


Scott Platto
scott@tmrnow.com
tmrnow.com212-220-9872