Results 1 to 11 of 11
-
03-07-2024, 07:18 PM #1
- Join Date
- Aug 2021
- Posts
- 160
1st POS construction
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)
-
03-08-2024, 01:26 AM #2
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,952
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
-
03-08-2024, 01:27 AM #3
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,952
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
-
03-08-2024, 10:26 AM #4
- Join Date
- Nov 2019
- Posts
- 676
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
-
03-10-2024, 02:54 PM #5
- Join Date
- Dec 2021
- Posts
- 637
Capybara Capital makes a ton of construction offers (perhaps a little to many) and a lot are 1st positions. to join iso waiting list email me asap marcus@capybarausa.com
Marcus Clapman
Capybara Capital
marcus@capybarausa.com
www.capybarausa.com
646-708-5986 (Text Friendly!)
-
03-11-2024, 02:14 PM #6
- Join Date
- Aug 2017
- Posts
- 405
Thats a good offer. Sell that!!!
-
03-11-2024, 06:23 PM #7
-
03-11-2024, 06:56 PM #8
- Join Date
- Aug 2021
- Posts
- 160
-
03-12-2024, 11:47 AM #9
- Join Date
- Nov 2019
- Posts
- 676
If the merchant just wants more money and does not care about the initial rate then i might be able to do something.
Scott Platto
scott@tmrnow.com
tmrnow.com
212-220-9872
-
03-12-2024, 12:16 PM #10
- Join Date
- Jan 2024
- Posts
- 11
I might not beat the amount but I can give him a strong deal where he is paying around 1% per week.
Cost of the money will depend on how long he holds it for.
-Dylan D.
786-991-2997
dylan@regiumfunding.com
-
04-10-2024, 03:18 PM #11
On 1st & 2nd position construction we go 12-18 months for our Platinum program. Requirements: Over 100k revenue & 20k average balances
Contact me if this deal is still on the table.Gabe Don
Director of Iso-Relations
Direct: (786) 208-3685 (Please Text or Whatsapp)
gabe@jaffecapital.com
www.jaffecapital.com
Similar Threads
-
30-35k Construction
By Closing_since_2013 in forum Merchant Cash AdvanceReplies: 5Last Post: 01-02-2023, 12:39 AM -
Construction loans and JV construction program to 97% LTC
By creloan in forum PromotionsReplies: 0Last Post: 05-09-2019, 05:15 PM -
SBA Construction loans lender or regular Construction Loans lender
By CFSCCorp in forum Deal BinReplies: 5Last Post: 09-26-2017, 12:08 AM -
construction co
By brokerCompany in forum Deal BinReplies: 7Last Post: 07-11-2016, 01:36 PM -
construction co
By brokerCompany in forum Deal BinReplies: 6Last Post: 02-09-2016, 01:09 PM