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02-26-2014, 12:19 PM #1
- Join Date
- Dec 2013
- Posts
- 4,713
Looking for large broker to send referrals too!
Last edited by mcaguru; 02-26-2014 at 12:24 PM.
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02-26-2014, 12:28 PM #2
Max Advance is funding all industries. As long as they can afford it, we will fund it. Recently revised underwriting guidelines are allowing for more aggressive funding.
Steven Hauptman
Director of Business Development
Tel: 866-629-4464 ext. 214
Cell: 516-458-4462
Fax: 917-368-6943
Email: S.Hauptman@MaxAdvance.comLast edited by admin; 04-27-2014 at 10:45 AM.
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02-26-2014, 01:12 PM #3
adddd.jpg
this says it all
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02-26-2014, 07:58 PM #4
How aggressive are you? Do you allow syndication on deals? E-mail me rocniel@lendinero.com
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02-27-2014, 11:05 AM #5
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02-26-2014, 01:11 PM #6
Andrew McDonald
Director of ISO Development
YellowStone Capital
160 Pearl Street, 5th Floor
New York , New York 10005
Ph: (347) 464 0785
Cl: (646) 300 1193.
Fx: (646) 213 1790
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02-26-2014, 05:46 PM #7
I love that graphic...
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02-27-2014, 10:06 PM #8
We are looking at all industries, including some of the ones you mentioned. We are NOT currently funding marijuana clinics- industry is too new, and due to recent legislation we will take a wait and see approach on that one.
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02-28-2014, 01:17 PM #9
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02-28-2014, 07:29 AM #10
We funded a few of them recently and so far so good but we gave them much less then we would normally do based on their volume
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02-28-2014, 09:45 AM #11
- Join Date
- Jun 2013
- Posts
- 351
Seeing what is going on, I would have to guess that you are doing it based on bank accounts or merchant accounts that are set up falsely. It doesn't appear that any bank or processor is willing to support that merchant type at this time and all of the ones that were supporting those have shut them down. My biggest concern would be funding a merchant based on that false pretense and the financial institution learning about it, shutting it down and then leave you with no way to collect.
If you have an hour, CNBC had a special on Wednesday night that looked at the pot business in Colorado. I am sure they will be rerunning it non-stop. There are some folks out there that are going to make a lot of money. I think the larger players out there will become to that industry what the largest distilleries and breweries were at the end of prohibition. A few of them will rise to the top and have multi-billion dollar companies. On the down side, it looks like competition is heavy already so there will be many who poor money into the industry and just cannot compete.
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02-28-2014, 10:00 AM #12
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03-03-2014, 06:53 PM #13
- Join Date
- Jan 2014
- Location
- Denver, CO
- Posts
- 90
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02-28-2014, 09:59 AM #14
we funded a few of them and the advances are about 10-20% of what a normal approval looks like...so if we do end up taking a hit it will be small
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02-28-2014, 10:24 AM #15
- Join Date
- Jun 2013
- Posts
- 351
Not sure if you can watch the whole show on this site or if it is just a commercial for it, but here is the show's page http://www.cnbc.com/id/101412302
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02-28-2014, 10:31 AM #16
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02-28-2014, 01:40 PM #17
- Join Date
- Feb 2014
- Location
- New York
- Posts
- 162
PERFECT! CONTACT MY BUSINESS DEVELOPMENT DEPARTMENT. I DO HIGH RISK!
bizdev@cresthillcapital.com - we Don't broker your paper! We fund it direct!
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