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09-24-2013, 02:41 PM #1
- Join Date
- Apr 2013
- Location
- Basalt CO
- Posts
- 867
I have no problem with funders giving me a smaller cut on renewal because they are doing all the work. I know of no one who pays 0 on renewals. So you obviously do not know this industry that well.
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01-26-2016, 10:33 AM #2
- Join Date
- Jan 2016
- Posts
- 6
Good Day
What we do is revenue based financing. That means we can help businesses get funding based off the merits of their business as opposed to a loan which is personally guaranteed.
We review the performance of the business over the last 3 months and we analyze the way the deposits come in, we will then generate an approval based of the monthly average deposits, example if a merchant does an average of 10k in monthly deposits we can advance him say 8k today and he will pay us back 11k over 3 months. Cash advance. We advance businesses cash based of what they are expected to bring in over the next 3 months.
Payback can be done 2 ways.
One option is a daily debit (we will debit the account Monday through Friday for a small amount till balance is paid in full)
Second option is a Credit Card split: If you are accepting CC for a majority of your monthly deposits we can get you approved on for a split deal which will give us 25% of every dollar you collect, helping you pay back the balance as you earn. You don’t accept money that day you don’t pay back that day.
All you need to know is if a business does at least 8k in deposits consistently we can get them funding. All we need is a completed application (attached) and the last 3 complete bank statements.
We are known to fund deals quickly and efficiently. Most of our deals get funded within 72 hours, and often even faster. We are a proven leader in the Merchant Cash Advance (MCA), a non-traditional lending industry.
Here are just a few of the benefits that we can extend to you that others cannot:
- Fast approvals and offers due to in-house lenders.
- BAD CREDIT - OKAY! - Your credit score does not determine your approval.
- Access to alternative funding sources due to our volume and rapport within the industry.
- Funding is wired directly into your account within 24-72 hours of receiving approval and signed contracts.
- 3 to 24 month terms available dependent on industry.
- Funding available from $2,000 to $3 million (dependent on monthly income).
- Renewals or Refinancing available after 40% of balance is paid off.
Let’s talk soon…
Matthew Tirado
Senior Funding Consultant
Yellowstone Capital LLC
Main: (800)-955-2411
Direct: 1-646-774-3317 x1059
Fax: 1-347-246-4338
Email: mtirado@yellowstonecapllc.com
Website: http://www.yellowstonecap.com
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01-26-2016, 10:36 AM #3
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01-26-2016, 10:45 AM #4
- Join Date
- Jun 2015
- Posts
- 3,322
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01-26-2016, 10:55 AM #5
- Join Date
- Oct 2013
- Location
- New York, NY
- Posts
- 1,203
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01-26-2016, 10:58 AM #6
- Join Date
- Jul 2014
- Posts
- 1,746
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01-26-2016, 01:04 PM #7
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01-26-2016, 04:44 PM #8
- Join Date
- Jan 2016
- Posts
- 50
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01-26-2016, 05:02 PM #9
- Join Date
- Oct 2013
- Posts
- 200
For what it's worth, I worked with MFS for some time, albeit with their collections and not sales, but they are not some "sweat shop" working out of someone's basement. They are run by highly intelligent people so while everyone has a right to their opinion, I'm reading these posts wondering how they are being perceived as what they are not. Again, I have not worked with them from the sales side but from what I gathered when conversing and dealing with them, they are not fools.
Just my humble opinion. Not looking to enter a war.
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