Need ASAP
Need a Funder or Vendor? START HERE

Results 1 to 10 of 10
  1. #1
    Member Reputation points: 10
    Join Date
    Dec 2014
    Location
    St. Louis, Missouri
    Posts
    16

    Need ASAP

    I have a Merchant who we funded twice no issues at all. How we did it however was a little unique. The company has contracts with the government to redo interiors of aircrafts. They have 2 invoices for 64,000. They need 10,000 on each invoice at a factor of 1.25. They will pay back in 45-60 days. Thay can't do a daily payment or weekly. They have been a good customer for us however at this time due to some issues within our company we cannot fund them. If anyone is interested please email me immediately. Thanks

  2. #2
    We funded a company similar to that through GBR at a pretty good rate. They were able to get a weekly payment and an early payoff discount but no monthly. Just thought, if you think you can sell that.

  3. #3
    Member Reputation points: 10
    Join Date
    Aug 2015
    Location
    New York City
    Posts
    9

    Give me a call 646-774-3381. We can definitely get that rate.. I will work on a prepayment addendum saving the client money on the back end.

    Ron Mobley
    EZ Capital Inc.

  4. #4
    Depending on how they look and where they are LoanMe could be an option.

  5. #5
    Member Reputation points: 10
    Join Date
    Dec 2014
    Location
    St. Louis, Missouri
    Posts
    16

    Thanks everyone, we got it taken care of.

  6. #6
    Banned Reputation points: 4530
    Join Date
    Mar 2014
    Location
    Ann Arbor, Michigan
    Posts
    1,289

    Quote Originally Posted by thecloser View Post
    I have a Merchant who we funded twice no issues at all. How we did it however was a little unique. The company has contracts with the government to redo interiors of aircrafts. They have 2 invoices for 64,000. They need 10,000 on each invoice at a factor of 1.25. They will pay back in 45-60 days. Thay can't do a daily payment or weekly. They have been a good customer for us however at this time due to some issues within our company we cannot fund them. If anyone is interested please email me immediately. Thanks
    We have a number of clients in the same position and have been supplying some as long as 12 years with PO financing and factoring.
    One added benefit they will have a line of credit to draw down on in the future.
    The monthly cost will be 3% and 4.5 for 45 days.
    You will get 25% of that for as long as they are clients which is now averaging 33 months.
    Bob Shaw
    734-929-3800
    rshaw@advancecredit.com
    rshaw@millenniumfundingusa.com
    WE PAY THE HIGHEST COMMISSION IN THE FACTORING/ABL INDUSTRY

  7. #7
    Quote Originally Posted by thecloser View Post
    I have a Merchant who we funded twice no issues at all. How we did it however was a little unique. The company has contracts with the government to redo interiors of aircrafts. They have 2 invoices for 64,000. They need 10,000 on each invoice at a factor of 1.25. They will pay back in 45-60 days. Thay can't do a daily payment or weekly. They have been a good customer for us however at this time due to some issues within our company we cannot fund them. If anyone is interested please email me immediately. Thanks
    We should be able to help you on this file depending on the state and what their gross deposit volume looks like over the last 2 months. Please give us a call to discuss.
    LoanMe Business
    949-535-7798
    Email: Business.Loans@LoanMe.com




    www.loanme.com/SBL-partner
    1900 S State College Blvd. Suite 300
    Anaheim, CA 92806

  8. #8
    Do any of you look at the dates on these posts????

  9. #9
    Quote Originally Posted by ifund1.0M View Post
    Do any of you look at the dates on these posts????
    Did you? This thread was started today...

  10. #10
    Senior Member Reputation points: 18402
    Join Date
    Apr 2014
    Posts
    781

    people who reply mostly r posting there contact info to future posters...breaking rules if u will.

Similar Threads

  1. Client needs $200k ASAP
    By helpinghand in forum Deal Bin
    Replies: 5
    Last Post: 06-09-2015, 01:07 PM
  2. I need A funder ASAP!!
    By thecloser in forum Deal Bin
    Replies: 8
    Last Post: 01-13-2015, 11:04 AM
  3. Can you fund us ASAP!
    By ixpressions in forum Merchant Cash Advance
    Replies: 7
    Last Post: 11-20-2014, 03:37 PM
  4. Replies: 1
    Last Post: 11-18-2014, 10:05 AM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Fintech Nexus is shutting down
Fed penalizes Evolve Bank
Cloudsquare unveils Cloudsquare Lend


DIRECTORY