1 west capital llc
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  1. #1
    Senior Member Reputation points: 6585
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    1 west capital llc

    Anyone ever hear about these guys? I have a merchant who owns a Clothes store who Did 28,000 in April 37 K In March Has the following open advances
    Rapid advance $26250
    Forward financing $ 8000
    Funding metrics $14700

    and these guys just offered them a 4th for 10,500 - am I missing something or is this crazy?


    1 WEST CAPITAL LLC
    1250 East Hallandale Beach Blvd., Suite 406
    Hallandale Beach, FL 33009

  2. #2
    Senior Member Reputation points: 158630
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    I'm sure Rapid is thrilled.

    One of those 4 companies will have a heartbeat a year from now.

  3. #3
    Veteran Reputation points: 135672 Chambo's Avatar
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    God Help those other companies if the merchant bounces ONE PAYMENT to Rapid.......they'll sue in a millisecond

  4. #4
    Agreed.

  5. #5
    Senior Member Reputation points: 7360
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    Quote Originally Posted by Chambo View Post
    God Help those other companies if the merchant bounces ONE PAYMENT to Rapid.......they'll sue in a millisecond
    And I don't blame them if the do sue. On the flip side, we are paying of a $600k Rapid advance for a client this week and Rapid will be thrilled since their ROI goes through the roof.

  6. #6
    Senior Member Reputation points: 3217 CO1's Avatar
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    1 west capital llc

    Rapid is one of the greatest companies! From deal flow to syndication to support team! Nothing bad to say at all !

  7. #7
    1 WEST CAPITAL LLC
    Date Of Incorporation: 4/28/2014
    1250 E HALLANDALE BEACH BLVD., SUITE 406, HALLANDALE BEACH, FL, 33009
    Darice Lang
    Manager Member
    Other Companies for Darice:
    Pay Now Direct LLC
    Prime Jc Enterprise LLC
    Green Tree Funding LLC
    1 Global Capital LLC

  8. #8
    Member Reputation points: 126
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    Quote Originally Posted by michaelh View Post
    Anyone ever hear about these guys? I have a merchant who owns a Clothes store who Did 28,000 in April 37 K In March Has the following open advances
    Rapid advance $26250
    Forward financing $ 8000
    Funding metrics $14700

    and these guys just offered them a 4th for 10,500 - am I missing something or is this crazy?


    1 WEST CAPITAL LLC
    1250 East Hallandale Beach Blvd., Suite 406
    Hallandale Beach, FL 33009
    Same address as 1st Global Capital

  9. #9
    Senior Member Reputation points: 54989
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    Perhaps this clothing store is in the Hampton's or some other busy spring/summer location and goes from 28K to 200k per month in the summer and needs desperately additional capital that would make a great fit for a 4th position perhaps?? every merchant is a story for itself, I know many 1st positions that went bad and know many 4th positions that do great for merchant and lender.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  10. #10
    Funding Team
    Evolution Capital Group
    Tel: (516) 629-5877 | Fax: (516) 778-9382
    Email: funding@evocapitalgroup.com


  11. #11
    Quote Originally Posted by michaelh View Post
    Anyone ever hear about these guys? I have a merchant who owns a Clothes store who Did 28,000 in April 37 K In March Has the following open advances
    Rapid advance $26250
    Forward financing $ 8000
    Funding metrics $14700

    and these guys just offered them a 4th for 10,500 - am I missing something or is this crazy?


    1 WEST CAPITAL LLC
    1250 East Hallandale Beach Blvd., Suite 406
    Hallandale Beach, FL 33009
    1st West Capital doesn't do 4th positions... most likely its a broker who is using their platform to fund the deal 100% themselves.
    Last edited by RogueCaliISO; 05-23-2016 at 12:20 PM. Reason: found out the true reason

  12. #12
    Quote Originally Posted by CEVOLUTION View Post
    Funding Team
    Evolution Capital Group
    Tel: (516) 629-5877 | Fax: (516) 778-9382
    Email: funding@evocapitalgroup.com


    Stop Spamming!!!!

  13. #13
    Karen37a
    Guest
    Great

    1 WEST CAPITAL LLC
    Date Of Incorporation: 4/28/2014
    1250 E HALLANDALE BEACH BLVD., SUITE 406, HALLANDALE BEACH, FL, 33009
    Darice Lang
    Manager Member
    Other Companies for Darice:
    Pay Now Direct LLC
    Prime Jc Enterprise LLC
    Green Tree Funding LLC
    1 Global Capital LLC

    More names under the other losers name as well

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