Results 1 to 20 of 20
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07-23-2015, 05:44 PM #1
Are there any cash advance lenders that do weekly payments.
Are there any cash advance companies that do weekly payments?
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07-23-2015, 05:50 PM #2
- Join Date
- Apr 2015
- Location
- Louisiana
- Posts
- 299
Are there any cash advance lenders that do weekly payments.
Arf
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07-23-2015, 05:50 PM #3
Wbl!
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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07-23-2015, 05:59 PM #4
- Join Date
- May 2015
- Location
- NC
- Posts
- 208
The Business Backer
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07-23-2015, 06:29 PM #5
Are there any cash advance lenders that do weekly payments.
Arf, wbl, tbb,sfs, bfs, ondk, name few. .
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07-23-2015, 06:53 PM #6
- Join Date
- Jul 2015
- Posts
- 11
Wbl
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07-23-2015, 06:58 PM #7
So long as the banks merit it we will do weekly.
Kaitlyn Miller
ISO Coordinator
770-617-2377
KM@SuperiorCapitalfund.com
http://superiorcapitalfund.com/
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07-23-2015, 08:20 PM #8
- Join Date
- Jul 2014
- Posts
- 1,746
I hear a lot about WBL on this forum, and they spam me all the time. What makes them different again?
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07-23-2015, 09:01 PM #9
- Join Date
- Jun 2015
- Posts
- 3,326
Fund ,I know a bunch of them will come on and say good things . Bottom line they can get declines for nsf. Or to many balances done with colletaral. There rates for the most part compare to the rest of the cash advance industry .
They are always changing buy rates so it's good to keep on checking in with them . If a merchant can get funding from can , on deck or bfs then wbl we probably not be the best place for it .
Also since they are colletaral their process is a little longer .
If you send deals make you sure to use main branch (Chris Pepe is great ) as they are a lot of small shops they bought out that are ISO .
Zach also seems to be great from this forum but never dealt with him .
Good luck
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07-23-2015, 10:40 PM #10
Mike, thanks for the kind words. The three primary situations I would recommend our product line:
1. A client needs a loan higher than any other funder is offering (we offer the largest approvals)
2. The client has too many balances and needs a consolidation
3. It's an A paper deal and he won't pay On Deck or IOU rates
All of these situations are where WBL shines. Our rate for top tier merchants is 1.06 for 6 months, and 1.13 for 12. We will pay off all existing balances, and merchants do not need to net anything. We also lend a maximum of 3X their average deposit volume.
Come on... Of course our process takes longer... We are putting a lien on a house or vehicle! It's not a 24 hour turnaround product. If you've ever come across situation 1, 2, or 3 (and don't lie, you ALL have), you should absolutely have our products at your disposal.
I recommend to give me a call at 714-988-4413 and I can explain exactly why we are a valuable asset to our brokers. In addition, if you are looking for an exit strategy (or just want to make WAY more money), we are also acquiring all qualifying ISOs.
-ZachLast edited by Zach; 07-24-2015 at 12:33 PM.
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07-23-2015, 11:55 PM #11
- Join Date
- Jul 2014
- Posts
- 1,746
Thanks for both explanations. The collateral thing is interesting, but there are a couple lenders that have been around in the equipment leasing space for years that do 2-5 year working capital deals, A-F credit, with proper collateral, so nothing too groundbreaking here.
I was just curious to know what all the hype was about.
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07-24-2015, 12:16 AM #12
I came from the equipment leasing space, and frankly I can't picture Finpac, Dakota, or anyone else funding a client with 0% down for a C or D credit profile, even on a fully secured leaseback.
I imagine a 15-20% down product at 28% APR or higher, which frankly, our product is often superior to (except for term). Of course this varies from client to client, but there is definitely a time and place for the WBL product that equipment financing can't compete with.Last edited by Zach; 07-24-2015 at 12:28 PM.
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07-24-2015, 09:35 AM #13
- Join Date
- Jun 2014
- Posts
- 59
Kalamata offers weekly
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07-24-2015, 10:17 AM #14
- Join Date
- Jul 2014
- Posts
- 1,746
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07-24-2015, 11:07 AM #15
We offer weekly as well
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07-24-2015, 01:20 PM #16
- Join Date
- Oct 2014
- Posts
- 260
Swift, Business Financial Services, Quarterspot
Second place? Set of steak knives.
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07-24-2015, 01:33 PM #17
- Join Date
- Jul 2015
- Posts
- 11
SOS Filing Inactive/Suspended Who will fund a Inactive/Suspended SOS filing? 1Mill AR, great banks, any suggestions?
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07-24-2015, 01:35 PM #18
- Join Date
- Jul 2015
- Posts
- 11
2nd Position Canada Who stacks in Canada?
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07-24-2015, 05:51 PM #19
- Join Date
- Jul 2014
- Posts
- 1,746
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09-05-2015, 08:25 PM #20
- Join Date
- Sep 2015
- Posts
- 41
We will do weekly payment structures with early payment discounts. Feel free to email me.
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