[Wick]

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)

[omegafund]

I know everest and cooper has done them for us. lower amounts

[J.Celifarco]

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)

there are a few funders that will do them without proof of a payment plan but only on short term programs 3 or 4 months. If you want any type of real offer for a file you need the proof of payment

[Regium]

Depends on the size of the tax lien. If lien amount is lower than funding amount, we might still approve

[Wick]

Amount requested was 100,000 and the lien totaled 170,000.

Thanks for the fast replies guys!

[Avi Dahan]

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

[Andy]

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

[mcaguru]

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

[JSL23]

there are a few funders that will do them without proof of a payment plan but only on short term programs 3 or 4 months. If you want any type of real offer for a file you need the proof of payment

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......

[Wick]

Thanks again for the responses guys.