Results 1 to 16 of 16
-
06-08-2016, 05:37 PM #1
- Join Date
- Apr 2016
- Posts
- 3
$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
JohnLast edited by reinhardv1; 06-08-2016 at 06:14 PM.
-
06-08-2016, 05:47 PM #2
- Join Date
- Jan 2014
- Posts
- 13
Pm me
-
06-08-2016, 05:56 PM #3
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!!!"
-
06-08-2016, 05:59 PM #4
- Join Date
- Jul 2014
- Posts
- 1,746
-
06-08-2016, 06:04 PM #5
- Join Date
- Sep 2014
- Posts
- 720
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.
-
06-08-2016, 06:06 PM #6
- Join Date
- Dec 2013
- Posts
- 4,713
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
-
06-08-2016, 06:07 PM #7
- Join Date
- Sep 2014
- Posts
- 720
-
06-08-2016, 06:17 PM #8
- Join Date
- Feb 2016
- Posts
- 243
-
06-08-2016, 06:20 PM #9
- Join Date
- Jul 2014
- Posts
- 1,746
-
06-08-2016, 06:53 PM #10
- Join Date
- Jul 2014
- Posts
- 196
$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
-
06-08-2016, 07:46 PM #11
$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
-
06-08-2016, 08:02 PM #12
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 730
I have lenders that specialize in insurance companies. We can easily get the amount needed on a term loan.
-
06-08-2016, 09:29 PM #13
- Join Date
- Jan 2015
- Location
- Laguna Beach
- Posts
- 463
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
-
06-08-2016, 09:55 PM #14
- Join Date
- Jun 2015
- Posts
- 3,325
-
06-09-2016, 12:19 AM #15
- Join Date
- Jan 2015
- Location
- Laguna Beach
- Posts
- 463
Actually Super G is pretty well respected.
-
06-09-2016, 06:54 AM #16
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
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.
Similar Threads
-
Church Needing $800k for Renovations!!
By NickHubbard in forum Deal BinReplies: 10Last Post: 03-06-2016, 04:53 PM -
HELP! merchant looking for 800k - 1mil
By merchantcashcloud in forum Deal BinReplies: 13Last Post: 03-02-2016, 12:32 PM -
800k Hard Money loan Needed!
By prosperity in forum Deal BinReplies: 11Last Post: 10-15-2015, 05:36 PM -
Heathcare Company doing about 800K-1M/year - 2 advances
By FUNd in forum Deal BinReplies: 9Last Post: 10-15-2015, 10:29 AM -
800k a month retail business with multiple locations
By Steve B in forum Deal BinReplies: 4Last Post: 05-14-2015, 04:48 PM