Results 1 to 10 of 10
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07-24-2015, 09:44 AM #1
- Join Date
- Aug 2014
- Posts
- 187
Client needs 500k-1M Seeking Direct Funder for deal
Hi Guys!
Looks like a good morning in gorillatown....and I've got a sizable merchant, in need of a sizable amount. No outstanding advances, 650 +/- credit, average balance above 40k. Now, I'm already known over at WBL, so we are evaluating them already as a possibility for the deal....I'm also looking for that kind of money on an unsecured line, so that's what I'd like to hear from mostly: those capable of going in excess of 500K with competitive numbers and terms. Merchant indicates desire for 12 month deal.
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07-24-2015, 09:54 AM #2
- Join Date
- Aug 2014
- Posts
- 187
In fact, let me adjust those numbers somewhat. The june average balance was over 100k.
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07-24-2015, 10:00 AM #3
- Join Date
- Jul 2015
- Posts
- 120
exactly how much is the client looking for, based on the credit score and average balance, we would be able to fund him 200k.
PM me or shoot me an email
Brent@jdmerchantcapitalllc.com
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07-24-2015, 10:24 AM #4
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07-27-2015, 11:07 AM #5
Hello,
Please feel free to contact me, we just funded a merchant 400k at a 1.30Christina Rossi
Business Development
Account Executive
Tel: 866-629-4464 ext 229
Fax: 917-368-6943
Crossi@maxadvance.com
www.maxadvance.com
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07-27-2015, 11:10 AM #6
Sounds more than doable if they have such a consistently high daily ledger. Shoot me an email and lets see what we can get done! mjagiello@bluegranitefunding.com
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07-27-2015, 11:20 AM #7
- Join Date
- Jan 2015
- Posts
- 93
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10-21-2015, 12:16 PM #8
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
Have you tried to go the Term Loan and/or ABL route? If the data substantiates it you can fund $1M swiftly..
Touch base if you would like some assistance..
Richard 516 510 3855
www.businesscapitalconsultants.com
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10-21-2015, 12:44 PM #9
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
Good morning FundGorilla, :-)
You've probably seen me here on the forum. I am a direct lender, twelve month term (up to eighteen months), monthly payments. Max loan amount is $2M so no problem there. If there are no balances to consolidate, factor rate is 1.28 over twelve months, no collateral required. Client can pre-pay any time after six months with no fees or penalties (prepaying principle only) for huge savings.
If you are interested, I would need to see the following:
1.) P&L and Balance Sheet for 2014 and 2015 YTD
2.) 6 months banks
Armed with that, I can provide quick feedback to you as to whether it would be a fit for my model.
Please email dan@@fundingstrategypartners.com
Thanks,
Dan Page
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10-21-2015, 03:50 PM #10
- Join Date
- Oct 2013
- Posts
- 23
We just did a million dollar deal two weeks ago with excellent terms. Please give us a call or submit directly to: cfmapps@nabancard.com
Capital For Merchants
866.506.8568
Mark Moran @ extension 1132
Larry Sandoval @ extension 1458
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