Need a home for a Cell Phone Store
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  1. #1

    Need a home for a Cell Phone Store

    I have a merchant who owns a cell phone store BUTTTTTTT has only been in business for 5 months. The statements and his credit are extremely strong. He progressively grosses more money each month. Any ideas gentlemen?


    sdellitalia@franklinmerchantcapital.com
    516-492-4533

  2. #2
    Senior Member Reputation points: 118209 ridextreme's Avatar
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    please define "extremely strong"

  3. #3
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    $25K, not a cell phone store btw.

  4. #4
    Quote Originally Posted by ridextreme View Post
    please define "extremely strong"
    credit score is 800, no negatives, high daily balances, increase revenue every month

  5. #5
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    Cresthill Capital is a good bet for cell phone stores. Sign up today. BTW offers usually in a few hours and merchants under 25K in funding offers gets funded now with very few stips in majority of cases they fund very fast hours after contract back-in!!
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

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    Quote Originally Posted by sdellitalia View Post
    credit score is 800, no negatives, high daily balances, increase revenue every month
    and the revenue is approximately? how much is the merchant looking for?

  7. #7
    Senior Member Reputation points: 118209 ridextreme's Avatar
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    Quote Originally Posted by sdellitalia View Post
    credit score is 800, no negatives, high daily balances, increase revenue every month
    ok does he deposit 5K/mo or 10K/mo

  8. #8
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    All these replies focusing on revenues. SMH. Cell phone stores are hard to fund because they have thin operating margins. There's also all the AML issues. Good luck.

  9. #9
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    Quote Originally Posted by CreditGuy View Post
    All these replies focusing on revenues. SMH. Cell phone stores are hard to fund because they have thin operating margins. There's also all the AML issues. Good luck.
    Like with Gas Stations.

  10. #10
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    Did you find a home for this? I have done cell phone stores in the past on CC split.
    Jason H l Sales & Business Development
    Quikstone Capital Solutions l Tampa FL
    Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
    Jason.Hausle@quikstonecapital.com
    www.quikstonecapital.com


    Direct Lender Since 2005

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