Results 1 to 14 of 14
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02-26-2016, 10:39 AM #1
- Join Date
- Jan 2016
- Posts
- 5
HELP! merchant looking for 800k - 1mil
We have a merchant we can't fund ourselves, did 11 mil in 2015, has a bal with swift for 175k looking for 800k-1mil weekly payments. (he sells cell phones)
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02-26-2016, 10:45 AM #2
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
pm ing you
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02-26-2016, 10:52 AM #3
- Join Date
- Apr 2015
- Posts
- 297
Dan Page offers weekly and monthly
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02-26-2016, 11:22 AM #4
World Business Lenders would be a perfect fit for a client like this. With that type of revenue, it is likely that he owns real estate that he can pledge. Depending on the value of his collateral, we can probably offer between $1.5MM and $2.0MM.
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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02-26-2016, 11:24 AM #5
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
We have put several ABL's together for cell phone retailers by using both their commercial accounts receivable and inventory.
We would clear the existing advanced(s) making it more profitable to write ne advances in the future. We've also done a few with a combination of an advance and an ABL. The company sharply reduced their advance balance and was able to get a better advance for the balance that the ABL would not cover.
Offering free telephone training of Factoring and Asset Based Loans
Our Brokers average $7,500 commission per ABL deal
Bob Shaw
721 Cornell Road
Ypsilanti, Michigan 48197
734-929-3800
rshaw@advancecredit.com
www.advancecredit.com
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02-26-2016, 01:43 PM #6
- Join Date
- Oct 2015
- Location
- CA
- Posts
- 63
Send it over to Everest Business Funding. Call me if you need more information.
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02-26-2016, 01:50 PM #7
- Join Date
- Sep 2014
- Posts
- 720
way to give Swift the heads up, they are probably on the phone with your merchant now, offering a sizable renewal.
...while telling them that the broker is on a public forum trying to find a home for the deal because he/she has no idea where to send. that's a closer if i've ever heard one. Not saying that is the case (DF certainly helps many brokers find homes for deals), but you should consider limiting the information so that the merchant can't be easily identified.Last edited by anonymous; 02-26-2016 at 01:53 PM.
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02-26-2016, 03:07 PM #8
- Join Date
- Oct 2014
- Posts
- 260
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03-02-2016, 11:26 AM #9
- Join Date
- Jan 2015
- Posts
- 93
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03-02-2016, 11:32 AM #10
- Join Date
- Jun 2015
- Posts
- 3,325
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03-02-2016, 11:34 AM #11
- Join Date
- May 2015
- Location
- NC
- Posts
- 208
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03-02-2016, 11:37 AM #12
- Join Date
- Jun 2015
- Posts
- 3,325
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03-02-2016, 12:27 PM #13
- Join Date
- Sep 2015
- Location
- Miami, FL
- Posts
- 189
HELP! merchant looking for 800k - 1mil
I have a lender that can finance their existing inventory. If interested, DM me. Happy to share their contact details.
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03-02-2016, 12:32 PM #14
- Join Date
- Feb 2016
- Posts
- 6
We can help.
Mike Ferrara
646-370-2811
www.capify.com
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