Results 1 to 8 of 8
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05-18-2016, 10:50 AM #1
- Join Date
- Apr 2016
- Location
- Miami Beach
- Posts
- 49
Payoff five lenders - Restaurant, $25K+ monthly
I have a client that has 5 advances already and wants to pay them off early. Total payoff amount is $33K
Any direct funders that can take on this deal?
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05-18-2016, 10:54 AM #2
- Join Date
- Jul 2015
- Location
- Tampa Florida
- Posts
- 502
What's the CC processing volume?
Jason H l Sales & Business Development
Quikstone Capital Solutions l Tampa FL
Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
Jason.Hausle@quikstonecapital.com
www.quikstonecapital.com
Direct Lender Since 2005
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05-18-2016, 10:55 AM #3
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
I would jump on it if it were not an individual restaurant and low balances (Minimum funding is $100k), as consolidating 5 advances is not an issue. Individual restaurants are one of the few clients I cannot fund.
This may be a good fit for Carl Fairbank at Breakout. Use the search bar here and you will find him.
Best of luck,
Dan Page
dan@fundingstrategypartners.com
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05-18-2016, 04:36 PM #4
- Join Date
- Apr 2016
- Location
- Miami Beach
- Posts
- 49
Heartland
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05-18-2016, 04:37 PM #5
- Join Date
- Apr 2016
- Location
- Miami Beach
- Posts
- 49
Thank you Dan.
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05-18-2016, 04:41 PM #6
Best option for him is a WBL deal if he has real estate collateral. We can do up to 2X the monthly revenue (3X on an exception basis), meaning we can get him up to $50K to pay off and net some additional funds.
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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08-20-2021, 08:57 AM #7
- Join Date
- Jul 2021
- Posts
- 74
Zach we restructure these all day. Then offer more traditional money. That's 2 different products/2 commissions.
jimmy@sigicancapitalcorp.com
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08-24-2021, 02:29 PM #8
- Join Date
- Aug 2021
- Location
- New York
- Posts
- 10
contact me I can help with these files! I just PM you!
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