$1.2 M Monthly Looking for $800k to $2M (Serious Inquires)
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  1. #1

    $1.2 M Monthly Looking for $800k to $2M (Serious Inquires)

    I have worked with this merchant before funded $100,000. He is a serious merchant can anyone do it ? PM me if you can.

    Industry: Insurance No Nsf's Clean History Credit 700 Plus

    Thanks
    John
    Last edited by reinhardv1; 06-08-2016 at 06:14 PM.

  2. #2

  3. #3
    Senior Member Reputation points: 118256 ridextreme's Avatar
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    if you want serious inquires, why not expose more about the file (Time in business, industry type, credit, positions, clean banks or not, NSF's, Neg days) instead of only posting "Merchant does 1.2/mo. Needs 2.0 MM. HELP!!!"

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    Quote Originally Posted by ridextreme View Post
    if you want serious inquires, why not expose more about the file (Time in business, industry type, credit, positions, clean banks or not, NSF's, Neg days) instead of only posting "Merchant does 1.2/mo. Needs 2.0 MM. HELP!!!"
    The only thing you need to know is "he is a serious to do". Stop asking dangerous questions.

  5. #5
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    You're going to get a lot of "serious" inquiries on this one lol. There are only a few lenders in the industry (that I'm aware of) with the ability to issue a deal of that size. Call me crazy, but I don't think any of them are going to respond to you on this thread. Would suggest BFS & Kalamata.

  6. #6
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    Quote Originally Posted by anonymous View Post
    You're going to get a lot of "serious" inquiries on this one lol. There are only a few lenders in the industry (that I'm aware of) with the ability to issue a deal of that size. Call me crazy, but I don't think any of them are going to respond to you on this thread. Would suggest BFS & Kalamata.
    your a good man! BTW i was concerned have not seen you in a while.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    ——————————————————————————
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

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    Quote Originally Posted by mcaguru View Post
    your a good man! BTW i was concerned have not seen you in a while.
    busy hustlin' yeezys

  8. #8
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    Quote Originally Posted by reinhardv1 View Post
    I have worked with this merchant before funded $100,000. He is a serious merchant can anyone do it ? PM me if you can.

    Industry: Insurance No Nsf's Clean History Credit 700 Plus

    Thanks
    John
    Good Luck

  9. #9
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    Quote Originally Posted by FCG View Post
    Good Luck
    Insurance. Ugh.

  10. #10
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    $1.2 M Monthly Looking for $800k to $2M (Serious Inquires)

    We can do insurance agencies no problem. As long as the financials, banks and credit check out we can make a high dollar amount offer. Our max is $3M. Not sure what the merchant can qualify for but with the info you have disclosed I believe we can get a nice offer.

    Mike@samsonpartnersllc.com
    347-492-1801

  11. #11
    Senior Member Reputation points: 32658 Zach's Avatar
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    $1.2 M Monthly Looking for $800k to $2M (Serious Inquires)

    With real estate collateral, WBL is the best logical fit for a client like this. As long as there is sufficient collateral we typically lend 2X the client's monthly deposits. This merchant will probably get capped at $250K everywhere else due to industry type, but we can make an offer for a multiple-year term for up to $2.4MM.

    Feel free and reach out using my contact info below.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  12. #12
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    I have lenders that specialize in insurance companies. We can easily get the amount needed on a term loan.

  13. #13
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    My advice costs $1k and is worth every penny. You can pay after funding. Call these guys. They specialize in exactly what you want:
    https://www.supergfunding.com

  14. #14
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    Quote Originally Posted by Christian View Post
    My advice costs $1k and is worth every penny. You can pay after funding. Call these guys. They specialize in exactly what you want:
    https://www.supergfunding.com
    Yeah and when they screw you on commission go collect a thousand from him

  15. #15
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    Actually Super G is pretty well respected.

  16. #16
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    Omegafund and Christian are right: there are firms out there (Super G being one of them) that specialize in this paper. Aside from revenue the collateral portion of the equation should drive where the file goes. If the client needs 2M they will likely need a lengthy amortization and a strong profit margin. Reach out to the folks here that have offered a hand on files that most think are not fundable.

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