[McoupeBobby]

I have a merchant in California. He does large scale machine manufacturing. Wants weekly payments, does 200k in rev per month. has 2 positions totaling about 100k.

We got him approved for 40k but only a daily ACH. He's very stern about wanting only weekly payments.

Direct lenders only please.

PM me.

Thanks.

[nrh1lp]

If he is a large scale manufacturing company the merchant probably has equipment/inventory and if their is enough an ABL loan would be a better fit than an MCA assuming the balance sheet looks clean, bdshaw does alot of deals in that space

[NoBigDeal]

I have a merchant in California. He does large scale machine manufacturing. Wants weekly payments, does 200k in rev per month. has 2 positions totaling about 100k.

We got him approved for 40k but only a daily ACH. He's very stern about wanting only weekly payments.

Direct lenders only please.

PM me.

Thanks.

The merchant is looking for a 3rd position. Why does he think he'll qualify for a weekly payment?

[bdshaw]

Thanks NR.
On the surface it does sound like an ABL may be what your client needs.
Please give me your contact information and a good time to call. If I can't help I may be able to suggest someone who may.
Bob

[TStein]

The merchant is looking for a 3rd position. Why does he think he'll qualify for a weekly payment?

Because too often people sell merchants false dreams just to get deals in.

[Michael I]

The merchant is looking for a 3rd position. Why does he think he'll qualify for a weekly payment?

I just did one this week . There are company that will do it now days in our every changing industry

[dpFund]

I am a direct lender and do weekly OR monthly payments.

The client must be profitable, with demonstrated net income in excess of what his payments would be (cannot fund someone that is losing money, regardless of how big their monthly deposits are).

If I were to fund him, we would need to pay off his first two positions and end up in first place.

If you are interested in discussing, please feel free to reach out.

Best,

Dan Page
303-938-8280
dan@fundingstrategypartners.com

[Zach]

If the client has real estate collateral, WBL can do a 3rd position for $400K for a longer term than any of our competitors. We also offer weekly on a large portion of our deals.

[Michael Jagiello BGF]

I have a merchant in California. He does large scale machine manufacturing. Wants weekly payments, does 200k in rev per month. has 2 positions totaling about 100k.

We got him approved for 40k but only a daily ACH. He's very stern about wanting only weekly payments.

Direct lenders only please.

PM me.

Thanks.

I'm pretty sure QSpot offers weekly payments in some cases, but you'd have to buy into atleast a second position. Third position with a weekly is gonna be tricky to find

[AndyJ]

Check PM

[Bank]

Bizbrella has had a tremendous amount of success with our consolidation program. Traditionally the merchant would have to net a certain percentage of the advance after paying off the existing balances. anywhere from 40% to 60% would be the "net amount" requirement.

Bizbrella will pay off multiple balances and the merchant does not need to net any of the advanced amount. The idea of this and why it has been so successful is because it will consolidate the current payments into just one payment that will in essence be a lower amount that the current amount being paid on a daily / weekly basis. This will save the merchant money and make his or her book keeping a lot easier.

Please contact me for more information. Any deal is worth taking a look at.

Thank you for your time.

Robert Menzel
www.bizbrella.com
Office: 516-299-8240
Cell : 631-235-3423
Email : rmenzel@bizbrella.com

[biggr]

mikel@nightstarcs.com

We do weeklys...