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07-19-2015, 07:04 PM #1
- Join Date
- Mar 2015
- Posts
- 85
Restaurant Merchant looking to...
Restructure her existing MCA, loves CC holdback but needs to stay where she's at in regards to remit -
Currently owing 14k - on an MCA deal with an 18% Remit looking for additional funds to finish a project. I'm aware she has to net 50% of an advance for a lot of companies - Anybody that can go lower? Or perhaps somebody that can go 150% of card sales because it's a favorable industry?
Sales:
$22,000.00 in sales for June. $13,500.00 was CC. $2181.20 Paid to lender.
Over 10k in CCs for July MTD.
She processes on the First Data Omaha Platform, and I am looking for somebody that will buy out the position, let her net at least 5k, and leave the Remit at or very close to 18%. She wasn't closable on 22% holdback, and will only do an ACH if its going to be for 19k total.
Any advice on direct lenders that may be able to help her out? It's tight, but there must be somebody who can get it done.
Inbox me if you need more info, or leave contact info here.
Real advice or lenders only -
No Dionte Kionte @ Gmail because I heard he was a rapist
Thanks
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07-19-2015, 08:10 PM #2
- Join Date
- May 2015
- Location
- Long Island
- Posts
- 247
I was just about to say I think Dionte Kionte can def get this done
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07-20-2015, 10:16 AM #3
- Join Date
- Jul 2015
- Posts
- 120
I can open a second position for and fund anywhere from10 to 14k based off of credit card volume.
Shoot me an email
Brent@jdmerchantcapitalllc.com
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07-20-2015, 12:48 PM #4
- Join Date
- Mar 2015
- Posts
- 85
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07-20-2015, 02:49 PM #5
- Join Date
- Jul 2015
- Posts
- 120
this is not mr. kionte, nor do I know who he is.
as stated my name is Brent at JD merchant Capital, call my direct line
(860) 947-9905
Thank you
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07-22-2015, 12:28 PM #6
- Join Date
- Apr 2015
- Posts
- 188
look us up at instafundllc.com and when your ready shoot me an email at nathaniel@instafundllc.com and talk
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07-24-2015, 11:17 AM #7
- Join Date
- Jul 2015
- Location
- Michigan
- Posts
- 36
Hey JPLamar,
What is her average total (CC and cash) sales per month?
What is the FICO?
Time in business?
I believe that we could fund her a sufficient amount to payoff the existing MCA and cash out at least $5K. Willing to help if we can.
Thanks,
Tony
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