Results 1 to 8 of 8
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02-06-2015, 08:47 AM #1
Reputation points: 71
- Join Date
- Oct 2014
- Posts
- 56
Looking for iSO
Nulook Capital As always, we strive to deliver a prompt and professional response to your submitted deals. We are able to provide an offer within 4 hours of submission.
ACH Programs with a max term of 6.5 months. The terms are longer than are competitor’s .Average rates range from 1.38-1.41; Special program is offered at 1.29 for 60 business days - Will do second position deals and consolidations of current advances, however merchant must net at least 50% of advanced amount.
Credit cards- available split with priority, integrity, vision. Lockboxes available
Also willing consolidated advances and refinance number advance’s out.
We also offer a 7 point prepay discount upon request. We are also able to fund approved deals in as little as two business days.uld be submitted to: stevenk@nulookcapital.com to ensure the fastest response from our team.
Steven Kamhi
Phone 516-444-3499
Cell -516-314-6887
Fax 1-516-765-9184
STEVENK@NULOOKCAPITAL.COM
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02-06-2015, 03:12 PM #2
Reputation points: 148
- Join Date
- Feb 2014
- Posts
- 23
I just saw Nu-Look on a deal where there is 7 other lenders debiting the bank account, are you guys ok with that, or do you not underwrite bank stmts?
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02-17-2015, 05:26 PM #3
Reputation points: 71
- Join Date
- Oct 2014
- Posts
- 56
We 100% Underwrite all deals and help the merchant always -That deal was able to handle the advance because of volume. If anything we will provide an offer and pay off existing advances up to 50% of the offer amount. This not only consolidates the merchant's existing advances into 1 but also brings their daily payments down significantly.
For example a merchant that qualifies for 50k and currently has 2 balances of 15k and 10k could consolidate those 2 advances by having us pay off the advances and still net 25k
If you have question please call
1516-444-3499 and ask Steven Kamhi
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02-19-2015, 04:38 PM #4
Reputation points: 71
- Join Date
- Oct 2014
- Posts
- 56
Consolidation Example:
Merchant has 3 existing advances with balances of 7k, 11k and 10k – paying $1,169 a day total. We offer the merchant 60k 1.41 110 days to payoff all three advances (28k) and net approximately 32k, also bringing their daily payments down to $769, saving the merchant $400 a day! In cases such as this, the merchant must always net 50% or greater of the advanced amount.
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10-15-2015, 03:16 PM #5
Reputation points: 71
- Join Date
- Oct 2014
- Posts
- 56
Nulook Capital As always, we strive to deliver a prompt and professional response to your submitted deals. We are able to provide an offer within 4 hours of submission.
ACH Programs with a max term of 6.5 months. The terms are longer than are competitor’s .Average rates range from 1.38-1.41; Special program is offered at 1.29 for 60 business days - Will do second position deals and consolidations of current advances, however merchant must net at least 50% of advanced amount.
Credit cards- available split with priority, integrity, vision. Lockboxes available
Also willing consolidated advances and refinance number advance’s out.
We also offer a 7 point prepay discount upon request. We are also able to fund approved deals in as little as two business days.uld be submitted to: stevenk@nulookcapital.com to ensure the fastest response from our team.
Steven Kamhi
Phone 516-444-3499
Cell -516-314-6887
Fax 1-516-765-9184
STEVENK@NULOOKCAPITAL.COM
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10-15-2015, 04:49 PM #6
Reputation points: 10
- Join Date
- Oct 2015
- Posts
- 21
Retired from MCA Doing Hard Cash Loans!
I went to work for Mom&Pops merchant funding beware Bret is insane. My lst. Cold call was last Friday a gym the guy wanted $100,000 good credit was doing 50gs a month we offered $66,000 at 1,38 plus a $1600 originator fee? Thought that was me! So he text me Like what you guys are doing however I cant use $66,000 I needed $100,000,end of story right? wrong Monday I get a church that wanted $15,000 he fills out app I turn in. Brent Emails me not to submit any more deals until I close the health club WTF! So. as I write this the minister is texting me did he get approved Brent wont answer when I ask. does anyone want a deal? Ill reefer you guys MCA leads you refer Hard money loans any state!
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10-15-2015, 05:23 PM #7
Reputation points: 3562
- Join Date
- Nov 2014
- Posts
- 266
******
Last edited by cardinalequity; 10-15-2015 at 05:29 PM.
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11-16-2015, 05:44 PM #8
Reputation points: 71
- Join Date
- Oct 2014
- Posts
- 56
We are ALTERNATIVE DIRECT FUNDER is looking for ISO's to work with.
We already have many ISO's that are very happy.
PM if you're interested and I will provide you with more information.
Thanks!