Results 1 to 10 of 10
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02-05-2015, 01:17 PM #1
- Join Date
- Feb 2015
- Posts
- 3
Funding merchant w/ tax lien without proof of installment plan?
Had a situation with a merchant where they claimed they were going to get approved for an advance without proof of an IRS installment agreement. My understanding is that if you have no proof of an IRS installment plan the deal is DOA.
Am I incorrect? Will certain lenders approve an advance without proof of an installment agreement?
Appreciate the feedback! (first post... be gentle)
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02-05-2015, 01:18 PM #2
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 730
I know everest and cooper has done them for us. lower amounts
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02-05-2015, 01:20 PM #3John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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02-05-2015, 01:34 PM #4
Depends on the size of the tax lien. If lien amount is lower than funding amount, we might still approve
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02-05-2015, 01:37 PM #5
- Join Date
- Feb 2015
- Posts
- 3
Funding merchant w/ tax lien without proof of installment plan?
Amount requested was 100,000 and the lien totaled 170,000.
Thanks for the fast replies guys!
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02-05-2015, 01:38 PM #6
- Join Date
- Jan 2015
- Posts
- 26
We will fund merchants with tax liens, we will start with a starter offer and move higher once a payment history is in place.
Would love to discuss funding them for you.
Lets get in touch.
Avi Dahan
Funding Coordinator/ ISO Development
P:516-345-1227
F:347-933-6074
E:adahan@yellowstonecapllc.com
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02-05-2015, 02:19 PM #7
- Join Date
- Apr 2013
- Location
- NY
- Posts
- 203
Cant guarantee anything without seeing the file of course, but I'm pretty confident we can get this done as a traditional program 8-12 month term. Sent you a PM
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02-05-2015, 03:55 PM #8
- Join Date
- Dec 2013
- Posts
- 4,713
Sign-up with Cresthill Capital and receive "Double Digit" commissions, that's RIGHT!! (new 2015 structure!).
We specialize is funding B/C/D paper/ construction/ Home based/ logistics/ trucking/insurance agencies/ NO auto sales . we also have a micro-funding-program (less invasive underwriting model) making aggressive offers from 2K and up (CA. minimum 5k).
Fast underwriting with fewest stips commissions paid Tuesday and Thursday
bizdev@cresthillcapital.com
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02-05-2015, 04:12 PM #9
- Join Date
- Jan 2014
- Posts
- 283
Which ones, I have a client now with 2 liens, one is on a plan and being ACH'd from his checking and the other one is being set up....Does $500,000 a year plus another $50,000-$100,000 in consulting(he is a surgeon). Never had any issues prior to 2013...had a tragedy befall him and set things back...everything is fine now, just needs a cushion to take care of some bills, take care of payroll, etc. Willing to do something short-term under the circumstances......
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02-05-2015, 04:12 PM #10
- Join Date
- Feb 2015
- Posts
- 3
Thanks again for the responses guys.
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