Results 1 to 7 of 7
Hybrid View
-
06-16-2016, 02:48 PM #1
- Join Date
- Feb 2015
- Posts
- 13
What funding houses specialize or can fund gas stations?
I have a bit of a issue here. I have client who owns a gas station and the typical convenient store that comes with most gas stations. Of course, the statements i have are primarily from his convenient store earnings but most of my reliable consolidaters won't touch him due to the fact he's a gas station related industry, but he grosses 110 k a month and has two positions: totaling 60 k, i believe. Hes willing to consolidate or take a 3rd position or buy out the second and net some. So anyone have any idea where i can go with this? Furthermore, If i get him 80 to 100 k i can close him immediately no matter the rate.
-
06-16-2016, 03:34 PM #2
- Join Date
- Dec 2013
- Posts
- 4,713
Cresthill Funds the Gas station sector !!
Offers in 3 HOURS
Double Digit Commissions
Will compete on offers / Adjust !
Fewest Stips !
will fund as soon as contracts are back-in!Last edited by mcaguru; 06-16-2016 at 03:37 PM.
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
-
06-16-2016, 03:41 PM #3
- Join Date
- Jul 2014
- Posts
- 196
What funding houses specialize or can fund gas stations?
Just funded a deal similar to this. It was a gas station/convenient store. They had two balances totaling 67k. We got them consolidated for 100k on a credit card term. They netted the rest. We can look at an ach program or if they are open to a cc term we can offer that. Please contact me and we can further help.
Mike@samsonfunding.com
347-492-1801
-
06-16-2016, 03:53 PM #4
If he has real estate collateral WBL can lend up to $220,000.
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
-
06-16-2016, 03:56 PM #5
- Join Date
- Dec 2013
- Posts
- 4,713
Sampson has ability to do out of the box as well!
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
-
06-20-2016, 01:21 PM #6
- Join Date
- May 2016
- Posts
- 42
Breakout Capital can definitely consider this deal and has funded numerous gas stations. When we underwrite gas stations, we base the offer only on the revenues of the convenience store as the margins are significantly greater than the gas sales. I would highly suggest a consolidation as the daily or weekly payment as well as the weighted avg factor should be significantly less expensive than a 3rd position. Feel free to call or email me if you want to discuss the deal further.
Thanks,
Steve
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
-
06-20-2016, 10:38 PM #7
Look i do them all profit margines are not too great but im willing to take a chance its called risk and reward ill do this the traditional cash advance way with no collateral send what you got gas is not a good one to fund buyt i the mini marts with them are usually good these deals are a little more complicated but are good if you can seperate the gas from the store i will pm my info
Similar Threads
-
What funding houses specialize or can fund gas stations?
By master financier in forum Merchant Cash AdvanceReplies: 11Last Post: 06-17-2016, 10:47 AM -
Best direct funding houses for consolidation wanted
By master financier in forum Deal BinReplies: 11Last Post: 06-07-2016, 12:27 PM -
Merchant with 30K balance on 3 advances. Needs consolidation. Anybody specialize?
By bostriba in forum Deal BinReplies: 4Last Post: 02-07-2015, 10:58 AM -
gas stations with convenience stores
By Andy in forum Deal BinReplies: 4Last Post: 08-05-2014, 07:17 PM -
Are there underwriters that specialize in small advances?
By bostriba in forum Merchant Cash AdvanceReplies: 10Last Post: 08-01-2014, 02:48 PM