[jpos]

3 year old gym just moved to new location and paid for buildout out of pocket. New location is driving more business than can currently be handles by the staff. Owner is looking to bring on more staff to accommodate the new business.

Seeking $50k (can probably get away with $35k)
Already been approved for MCA of 10 mos, but isn't interested in the term ... Looking for 18 or better.

Good credit
Good banks (1 NSF in last 2 years, was documented bank error)
CC Volume ranges based on season from $30k early in year and during summer to $15k during holidays

Open to working with someone on this deal in order to get it done. Not greedy, just want to be fair for the time involved for everybody.

I know its a baby deal, but its a fellow I've enjoyed doing community service supporting single mothers with. Good guy and want to be able to help him find a capital solution that fits.

[jpos]

Feel free to email me with questions.

Any feedback or suggestions will be greatly appreciated.

jaxpos (at) gmail .com

[Michael Jagiello BGF]

I'd recommend speaking to Brian from GRP, they go out to 18 months on Tier 1 deals, which this one sounds like

[Funder Mark]

Do they have any king of minimum deal size? And of course, what is the clients total deposits?

[jpos]

Thank you sir.

Do you by chance have his contact info?

[Michael Jagiello BGF]

bbartos@grpfunding.com cheers!

[dpFund]

Sounds like a great deal for Carl Fairbank of Breakout Capital.

Carl R. Fairbank
Founder & Chief Executive Officer
Breakout Capital Finance, LLC
6849 Old Dominion Drive, Suite 360, McLean, VA 22101
O: 703 852 6008 I M: 703 328 4008 I Toll Free: 888 318 3534
carl@breakoutfinance.com

[jpos]

Thanks fellows for the responses. I will be in touch after late lunch and run.

Appreciate the assistance.

[DF.SamsonFunding]

Need more information on the file. We would like to take a look at this.

Daniel@SamsonFunding.com
Samson Partners LLC
347-682-5727

[ryan1046]

Is the merchant open to 24 ?

[Cfairbank]

Sounds like a great deal for Carl Fairbank of Breakout Capital.

Carl R. Fairbank
Founder & Chief Executive Officer
Breakout Capital Finance, LLC
6849 Old Dominion Drive, Suite 360, McLean, VA 22101
O: 703 852 6008 I M: 703 328 4008 I Toll Free: 888 318 3534
carl@breakoutfinance.com

Thanks for the mention, Dan. Unfortunately, we are currently only offering a max term of 12 months. Our rates can be pretty aggressive at 12 months, especially if it is a state in which we can offer our loan product -- we currently offer term loans in 33 states. Our term loans have the same benefits of our cash advance (revolving line of credit, no origination or junk fees, no double dipping at renewal).

My personal recommendation would be TBB as they offer both competitive commission rates and a merchant friendly advance product. Another company to try would be street shares -- if the merchant qualifies, they could get a loan with a term up to 3 years at an APR (not factor rate) of 30% or lower, and StreetShares isn't as FICO sensitive as many of the other low rate lenders.

[FundMaster82]

Give James Graydon a call at ProMED Healthcare Financing; 631-468-6325.

3 year old gym just moved to new location and paid for buildout out of pocket. New location is driving more business than can currently be handles by the staff. Owner is looking to bring on more staff to accommodate the new business.

Seeking $50k (can probably get away with $35k)
Already been approved for MCA of 10 mos, but isn't interested in the term ... Looking for 18 or better.

Good credit
Good banks (1 NSF in last 2 years, was documented bank error)
CC Volume ranges based on season from $30k early in year and during summer to $15k during holidays

Open to working with someone on this deal in order to get it done. Not greedy, just want to be fair for the time involved for everybody.

I know its a baby deal, but its a fellow I've enjoyed doing community service supporting single mothers with. Good guy and want to be able to help him find a capital solution that fits.