Results 1 to 10 of 10
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05-10-2024, 08:49 AM #1
- Join Date
- May 2024
- Posts
- 3
Need a first position funder with low buy rate
we have a roofer with multiple offers but needs a buy rate of 1.32 as a first position to seal the deal. Anyone interested?
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05-10-2024, 09:45 AM #2
- Join Date
- Feb 2017
- Posts
- 3,629
He doesn't need a buy rate of 1.32. It sounds like you need a buy rate of 1.32 to make 10-12 points. Syndicate in the deal and give him a 1.35.
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05-10-2024, 11:47 AM #3
- Join Date
- Apr 2024
- Posts
- 7
What does the Revenue look like over the last few months? I'm the underwriter with Boom Funded.
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05-10-2024, 12:17 PM #4
- Join Date
- Nov 2019
- Posts
- 782
If the buy rate is a 1.32 what is the sell rate? How long of a term they want how is the credit on how long in business how are the ending daily balances. As funders we need to know all this for underwriting to come up with an offer that might be better. If is a clean file my sell rate can be around there. Plus my first position renewals work kind of like a credit line which all our merchants love.
Scott Platto
scott@tmrnow.com
tmrnow.com
212-220-9872
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05-10-2024, 01:23 PM #5
- Join Date
- May 2024
- Posts
- 3
Hi I can send it to you what’s your email?
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05-10-2024, 01:34 PM #6
- Join Date
- May 2024
- Posts
- 4
We fund up to 1M max 180 days
516-306-0077
Capital Domain LLC
Israel@capitaldomain.com
www.capitaldomain.com
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05-10-2024, 01:43 PM #7
- Join Date
- Apr 2024
- Posts
- 7
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05-13-2024, 10:43 AM #8
- Join Date
- Apr 2024
- Posts
- 7
If revenue is 100k+ and Ledgers avg 15k+ We can consider for a premium 1st Position 12-18 Month deal
Zevi@JaffeCapital.com
917-868-8843
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05-20-2024, 06:14 PM #9
- Join Date
- Sep 2021
- Posts
- 210
Go to Itria or ByzFunder they have crazy low buy rates.
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05-24-2024, 07:19 PM #10
- Join Date
- Aug 2018
- Posts
- 870
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