Monthly payment options for a larger deal?
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  1. #1

    Monthly payment options for a larger deal?

    What companies would do a monthly deal on a merchant doing 500k plus per month?

  2. #2
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    Quote Originally Posted by Dr MCA View Post
    What companies would do a monthly deal on a merchant doing 500k plus per month?
    Not many MCA companies on here will do them consistently unless there is some guaranteed income coming in from an entity like a gov't source. Ive seen a few lenders (Breakout Capital & Cooper) on here do them for childcare that get money 2x a month like clockwork.

    Best bet is LoanMe, Dan Page if net income supports or traditional term lenders like Dealstruck or FC etc

  3. #3
    Funding Circle and Fundation have monthly payments. Borrow must have decent credit, 640+, and must show a profit on taxes. Dealstruck will work with as low as a 600, but must still be showing profit. Any of these lenders will take around 2 weeks to get anything funded.

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    Quote Originally Posted by Dr MCA View Post
    What companies would do a monthly deal on a merchant doing 500k plus per month?
    What business is your client in Doc?

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    Quote Originally Posted by dailyPLUNDR View Post
    Funding Circle and Fundation have monthly payments. Borrow must have decent credit, 640+, and must show a profit on taxes. Dealstruck will work with as low as a 600, but must still be showing profit. Any of these lenders will take around 2 weeks to get anything funded.
    Not to mention these lender's reps communications are poor, good product and efficiency but definitely lacking in that department.

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    In this space Dan Page at FSP will write deals up to 18 months on a monthly basis- to I believe 2M. Should you seek longer terms or higher amounts please feel free to reach out..

    Richard 516 510 3855


    www.businesscapitalconsultants.com

    775 Park Avenue Suite 255
    Huntington, NY 11743

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    Thanks FCF Fund and Richard !

    Feel free to reach out if you would like to discuss how we can help with your client.

    - 12 to 18 month term
    - $100k min - $2M max
    - Monthly payments
    - Net income needs to be there to adequately service monthly debt payment
    - Any industry except individual restaurants
    - All 50 states

    Best,

    Dan Page
    Direct: (303) 938-8280
    dan@fundingstrategypartners.com

  8. #8
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    Good Morning,

    I work for a direct merchant lender, JD Merchant Capital, based out of Hartford, CT and I saw your request for funding. I would like to extend my services in helping you to secure the loan you are looking for.

    We offer Long/Short term Loans with rates as low as 6%. We can offer your client the monthly payback option if the loan request is large enough.

    Please feel free to contact me directly at (860) 906-1302 or via email at Amy.JDmerchantcapital@outlook.com

    I look forward to hearing from you and crafting a custom package that will benefit you and your client.

    Sincerely,

    Amy C. Riddle

  9. #9
    They are in Real Estate Development.
    Last edited by Dr MCA; 05-18-2016 at 02:38 PM.

  10. #10
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    Monthly payment options for a larger deal?

    Ufffff. Hope you get takers on this one

  11. #11

    Thumbs up JD Merchant capital is not a direct lender. It's a broker

    JD Merchant Capital is NOT a lender. He is a broker

  12. #12
    How often do they get deposits? We always try and tie our repayment to the merchants revenue though we can get creative for the right merchant. Feel free to email to discuss this one more or to learn more about products.

    Steven Safirstein
    Director of Sales & Head of ISO Relations
    Breakout Capital Finance, LLC
    6849 Old Dominion Drive, Suite 360, McLean, VA 22101
    O: 703 852 6013
    steven@breakoutfinance.com

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