Results 1 to 18 of 18
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03-24-2016, 07:58 PM #1
- Join Date
- Mar 2016
- Posts
- 8
Private Investigator Seeks weekly MCA / Veterinarian Seeks Consolidation
2 Tough Deals:
Private Investigator
He has average 5 deposits per month totaling about $4K in his op acct.
Also has a second LLC op act doing Music Festivals :-) .. but, again low deposit volume ($3K/mth or so).
Looking for $11K MCA with weekly payments
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Veterinarian has $50K/mth deposits
3 current Stacked MCAs:
Bizfi taken out 12/24/15, current balance ~$13748.00;
Knight Capital current balance ~$20,500.00;
Kabbage taken out 2/8/16 amount owed $15,145.00
Also needs extra $36000 to fix plumbing problem in office.
8 NSFs on the most recent monthly op acct
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03-24-2016, 08:41 PM #2
- Join Date
- May 2015
- Location
- NYC
- Posts
- 197
Time to try a new lead source.
Tommy Stein
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03-24-2016, 08:47 PM #3
- Join Date
- May 2015
- Location
- NYC
- Posts
- 197
But back on topic...
Fund the PI yourself. If anyone is going to fund that its going to be a newbie at a funding house trying to make some money because they are not happy that they are giving out double digit commissions to everyone but getting paid $15 an hour . At 6 points for $4,000 you will make $240. At least if you fund him yourself you stand to make a little more.
Give him a reality check. Weekly will never happen for his case.
For the vet, maybe one of these consolidation magicians can do something(and they will probably post in the morning), but the NSFS don't really help the case. Try a company that can do factoring on the insurance receivables.Tommy Stein
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03-24-2016, 08:50 PM #4
- Join Date
- Jul 2015
- Posts
- 1,202
Kremser, good luck with these. Very tough indeed. How did you come across these leads? Purchased, web, cold called, UCC?
It's none of my business, just curious.
I wish you well.
edit (Basically what Tommy S. said)
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03-24-2016, 11:33 PM #5
- Join Date
- May 2015
- Location
- Long Island
- Posts
- 247
It's actually irrelevant at this point on the Vet. If it was a fundable/renewable deal it would have been gonzo by now.
Funder, industry, balance, and date funded posted LOL. If you don't think this guy wouldn't have been called by his current lenders by now your crazy.
I just don't get the thought process behind disclosing that info on here. I think it's safe to assume at least 1 employee at each of these firms had perused the DF today, no? Or is it just me?
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03-25-2016, 01:12 AM #6
Private Investigator Seeks weekly MCA / Veterinarian Seeks Consolidation
Send the first deal to LoanMe and the second to WBL. I'll do a background check and find their real estate if they have it
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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03-25-2016, 09:38 AM #7
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
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03-25-2016, 09:51 AM #8
- Join Date
- Mar 2016
- Posts
- 8
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03-25-2016, 09:55 AM #9
- Join Date
- Mar 2016
- Posts
- 8
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03-25-2016, 09:58 AM #10
- Join Date
- Mar 2016
- Posts
- 8
not under any illusions about whether any other firms are calling this client. they are a business local to us, so loyalty is there. the doc even advises us when the other firms call :-0 ... good heads up for future reference though (not to post such specifics).. although I am not sure if I was working for Kabbage right now I would be spending too much time trying to figure out who it is that we can't help!
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03-25-2016, 10:06 AM #11
- Join Date
- Mar 2016
- Posts
- 8
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03-25-2016, 01:29 PM #12
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03-25-2016, 03:20 PM #13
Chambo crushes another one....ouch I agree
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03-25-2016, 03:30 PM #14
- Join Date
- Mar 2016
- Posts
- 335
Does anyone esle feel sympathy towards the Vet?
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03-25-2016, 03:46 PM #15
- Join Date
- Jan 2016
- Posts
- 435
Private Investigator Seeks weekly MCA / Veterinarian Seeks Consolidation
Nope, you reap what you sow
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03-25-2016, 04:40 PM #16
- Join Date
- Mar 2016
- Posts
- 8
nice one. glad somebody saw it. some of these files are just heart wrenching. she (the vet) stacked these MCAs up out of desperation and now they are sinking her ship. if she can keep the NSFs clean for the next 30 days, I have a funder who will step in and consolidate.
Last edited by kremser; 03-25-2016 at 04:43 PM.
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03-25-2016, 05:11 PM #17
the Vet can be consolidated perhaps, but NOT consolidated WITH AN EXTRA $36,000 they can't
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03-25-2016, 09:29 PM #18
- Join Date
- Apr 2014
- Posts
- 781
Vet balances likely to high for consolidatiom
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