1st postion. Need to beat 25k 32 weeks deal
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  1. #1

    1st postion. Need to beat 25k 32 weeks deal

    Have a merchant, doing 25-30k a month. Healthy avg daily balances and strong Ar. Have an offer for 25k. 32 weeks. Please reply with your company name and subs email. need an offer in an hour to get this done.

  2. #2
    Hi!

    Shoot me an email and lets see what I can do for you.

    Stephanie Mari
    ISO Relations Manager
    Cobalt Funding
    P: 732-674-7909
    E: stephanie@cobaltfunding.com

  3. #3
    25k 32w 1st pos for a merchant doing 25-30k a month is a good deal my friend. If someone offers him more than 100% of his gross monthly rev in MCA ... run with it I guess

    Alex Peterson
    ISO Relationship Manager, THORO CORP
    E: alex@thorocorp.com
    C: 305-502-9414

  4. #4
    25k 32w 1st pos for a merchant doing 25-30k a month is a good deal my friend. If someone offers him more than 100% of his gross monthly rev in MCA ... run with it I guess

    Agreed Sounds like a great offer

  5. #5
    Yeah sounds like a great deal. But the problem is this offer isnt from me, They have a contract through another broker. Thats exactly why posting it here. cant find a better place to get something similar.

  6. #6
    Senior Member Reputation points: 91680
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    Quote Originally Posted by Ragnarson View Post
    Yeah sounds like a great deal. But the problem is this offer isnt from me, They have a contract through another broker. Thats exactly why posting it here. cant find a better place to get something similar.
    An "Offer" is meaningless - I would wager it does not actually fund.
    Anyone that would fund 100% of a merchants daily revenue is not doing the merchant any favors.
    Dave Lambert, Business Development
    Managed Services Provider
    https://www.tsys.com
    https://www.united-internet.com
    https://www.nmi.com
    dave@fcbankcard.com
    Office: 727-233-1111
    Skype: fc-financial

  7. #7
    Not just an offer, my bad. They have the actual contract from a very well know lender. and Ar and daily balances are strong.

  8. #8
    Senior Member Reputation points: 12766
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    Quote Originally Posted by Ragnarson View Post
    Have a merchant, doing 25-30k a month. Healthy avg daily balances and strong Ar. Have an offer for 25k. 32 weeks. Please reply with your company name and subs email. need an offer in an hour to get this done.
    If the banks are healthy good credit and industry I might be able to come close to that. Plus my first position renewals work kind of like a line of credit of sorts.


    Scott Platto
    scott@tmrnow.com
    tmrnow.com
    212-220-9872

  9. #9
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    Quote Originally Posted by Ragnarson View Post
    Not just an offer, my bad. They have the actual contract from a very well know lender. and Ar and daily balances are strong.
    Factor Rate & Daily Payment?
    Dave Lambert, Business Development
    Managed Services Provider
    https://www.tsys.com
    https://www.united-internet.com
    https://www.nmi.com
    dave@fcbankcard.com
    Office: 727-233-1111
    Skype: fc-financial

  10. #10
    Quote Originally Posted by Yankeeman07 View Post
    An "Offer" is meaningless - I would wager it does not actually fund.
    Anyone that would fund 100% of a merchants daily revenue is not doing the merchant any favors.
    It also could be a pre-approval... underwriting after the fact is such a waste of time...


    Alex Peterson
    ISO Relationship Manager, THORO CORP
    E: alex@thorocorp.com
    C: 305-502-9414

  11. #11
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    Are you trying to get a longer term or higher amount? I know a few that should be able to offer $25K - $30K over 36 - 40 weeks. What's the industry and state?

  12. #12
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    Capybara Capital does 1st positions ALLDAY and we GO OUT LONGER THEM MOST!
    Marcus Clapman
    Capybara Capital
    marcus@capybarausa.com
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

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