Results 1 to 25 of 29
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04-26-2016, 07:24 PM #1
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- Jul 2015
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- 1,202
Who is REALLY Serious About Puerto Rico?
I have monthly bank leads for PR. I do not sell leads, I am looking for a business partnership. My espanol is not muy bien enough and one would be a fool to tackle this intricate and challenging market alone. PM me for details if you want to take this on, and can arrange site inspections etc, and get some dinero flowing. Spanish speaking closers need apply.
Or perhaps share your challenges regarding PR here. Gracias.
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04-26-2016, 07:48 PM #2
- Join Date
- Sep 2014
- Posts
- 430
PR is a risky play right now given they are, as a territory, budgetarily ****ed and the labor market is similarly bent over. Due to a bizarre set of circumstances they are shuttering public services and laying off government workers in droves to try to solve their debt issue because their constitution mandates they pay bond holders prior to running public services like hospitals and schools. Unemployment is 12%, double the US average. Seeing as the majority of PR is on government assistance or a government employee, any business there is likely in the throes of serious macroeconomic disruption and considerable uncertainty writ large. Since 2009-2010 they have laid off a quarter of the government labor force, and government employees still account for 1 in 3 employees on the island. Another 1/3 is on public assistance, and those two groups aren't entirely mutually exclusive. Congress is currently considering a bill to remove the law that estops PR from filing sovereign BK, but unfortunately regardless of the outcome they are pretty hosed in the short-medium term. I wouldn't lend into PR right now for any reason. Good luck and godspeed.
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04-26-2016, 08:03 PM #3
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- Jan 2015
- Location
- Laguna Beach
- Posts
- 464
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04-26-2016, 08:06 PM #4
- Join Date
- Jul 2015
- Posts
- 1,202
Yup. Fully agree. However there are still numerous businesses who have the balls to apply at a bank. The opportunity has intrigued me for some time. Considering that their credit profile is likely comparatively strong, and that they are not likely to get funded or fully funded by a bank, it only makes sense to some exploratory work there. Especially in the healthcare sector.
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04-26-2016, 08:07 PM #5
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- Jul 2015
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- 1,202
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04-26-2016, 08:39 PM #6
- Join Date
- Oct 2013
- Posts
- 45
Who is REALLY Serious About Puerto Rico?
Pm me we understand that market, have local team down there. We can help you get those deals done for you
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04-27-2016, 12:59 PM #7
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- Oct 2014
- Posts
- 260
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04-27-2016, 01:48 PM #8
- Join Date
- Aug 2014
- Location
- New York
- Posts
- 61
I've been funding in PR for several months now and set up a complete division of our company dedicated to PR. We even opened an office in San Juan and handle our own site inspections. I get an average of 7-8 submissions per day. Mostly from our agents located in PR but a few from U.S based brokers. Because we have an office with staff in PR, the process is very simple for us. We're also able to process both credit and debit card transactions too.
I'd be happy to speak with others about syndication / partnerships too. PM me and I will give you my contact info.
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04-27-2016, 03:17 PM #9
- Join Date
- May 2015
- Location
- FL
- Posts
- 96
risk af
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05-02-2016, 01:02 PM #10
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- Oct 2015
- Posts
- 14
PEARL and YELLOWSTONE
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05-02-2016, 01:32 PM #11
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05-02-2016, 01:47 PM #12
- Join Date
- Oct 2013
- Location
- New York, NY
- Posts
- 1,203
YSC is all about PR, if you wanna make money on your PR deals call us!
Andrew J. McDonald
Director of ISO Development
Yellowstone Capital LLC
1 Evertrust Plaza
Suite 1401
Jersey city, NJ 07302
PH - 347.464.0785
FX - 646.213.1790
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05-02-2016, 01:53 PM #13
Today, Puerto Rico is defaulting on their debt payments - which amount to $422 million. Puerto Rico's public debt is currently 103% of their GNP (gross national product), showing how serious their economic crisis is.
http://www.latimes.com/nation/nation...502-story.html
Lots will lose $$
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05-02-2016, 01:58 PM #14
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- Jul 2015
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- 1,202
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05-04-2016, 08:46 PM #15
- Join Date
- Dec 2014
- Location
- Miami, FL
- Posts
- 13
HDF, I have closed a couple of deals in PR, and I am fluent in Spanish. If you need any help let talk.
Best,
Jorge
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05-06-2016, 11:06 AM #16
- Join Date
- Aug 2014
- Location
- New York, NY
- Posts
- 71
Will anyone fund a financial services company in PR? A bit of a long shot, but one never knows
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05-10-2017, 11:19 AM #17
- Join Date
- Nov 2015
- Posts
- 13
Are you still funding deal in puerto rico?
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05-10-2017, 11:51 AM #18
- Join Date
- Oct 2013
- Location
- New York, NY
- Posts
- 1,203
Andrew J. McDonald
Director of ISO Development
Yellowstone Capital LLC
1 Evertrust Plaza
Suite 1401
Jersey city, NJ 07302
PH - 347.464.0785
FX - 646.213.1790
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05-10-2017, 12:05 PM #19
- Join Date
- Mar 2016
- Posts
- 657
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05-10-2017, 12:11 PM #20
- Join Date
- Oct 2013
- Location
- New York, NY
- Posts
- 1,203
i think hat makes their businesses a prime market to go after because the only(using the term loosely) money now available is ours (the industry)
Andrew J. McDonald
Director of ISO Development
Yellowstone Capital LLC
1 Evertrust Plaza
Suite 1401
Jersey city, NJ 07302
PH - 347.464.0785
FX - 646.213.1790
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05-10-2017, 12:15 PM #21
- Join Date
- Oct 2013
- Location
- New York, NY
- Posts
- 1,203
I should stop spilling soda on my keyboard. it makes my keys not function. lol
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05-10-2017, 03:17 PM #22
- Join Date
- Oct 2016
- Posts
- 4,318
Is YSC funding Venezuela yet?
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05-13-2017, 01:02 AM #23
- Join Date
- Oct 2013
- Posts
- 45
Who is REALLY Serious About Puerto Rico?
Www.b2bfunding.net is the only local operator that knows the business
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05-15-2017, 01:24 PM #24
- Join Date
- Jan 2014
- Posts
- 1,380
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05-15-2017, 01:32 PM #25
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