Results 1 to 9 of 9
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07-19-2016, 01:15 PM #1
- Join Date
- Mar 2015
- Posts
- 42
apparel company seeking additional capital
Have a merchant seeking additional capital they do 8 million a year, Have 500k balance with funding circle, 300k with national, and 150k with can capital
merchant is looking for additional capital on a third 75-100 for 12 months @ a 1.27 excellent financials showing a profit on taxes since 1972 700 credit score
has 25% return on investment needs funds to get internet business going.
If anyone knows or someone wants to move on this deal its a great opportunity
please contact me for more info only direct lenders please thanks, Todd
todd@innovativebusinesscapital.com
954-699-1500
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07-19-2016, 01:18 PM #2
- Join Date
- Jun 2015
- Posts
- 3,326
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07-19-2016, 01:22 PM #3
How is the deal with national structured? Loan or advance? Also, is it a monthly, daily or weekly. I am asking because depending on how National and Funding Circle are structured, they may or may not be considered as "positions" by the MCA people. If underwriter looks at this deal as Can Capital being the only competitor, then on a 2nd position you potentially can obtain a 12 month deal from IOU or Quarterspot. If however this truly is a 3rd position in the eyes of an MCA underwriter, then there is absolutely nobody out there that will provide a 3rd for 12 months.
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07-19-2016, 01:33 PM #4
- Join Date
- Mar 2015
- Posts
- 42
what are you the funding police, and who said I funded them get to work and mind your own business and dont worry about it
how much business have you closed this month.
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07-19-2016, 01:54 PM #5
- Join Date
- Jun 2015
- Posts
- 3,326
enough that i dont need to claim i am direct lender and can have a normal looking web site . maybe try this guy . best of luck on that file
http://dailyfunder.com/showthread.ph...-the-big-deal-!
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07-19-2016, 02:06 PM #6
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
apparel company seeking additional capital
It is a wise person that listens with their ears not with their mouth.
Bob
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07-19-2016, 02:37 PM #7
- Join Date
- Dec 2013
- Posts
- 4,713
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
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07-19-2016, 02:59 PM #8
- Join Date
- May 2015
- Location
- NYC
- Posts
- 197
Monthly.
We've seen this company multiple times since March. Surprised his credit isn't shot. For what the file was worth I thought our underwriters provided a great offer, but the owner thought otherwise and was dead-set on a rate that wasn't possible
Hopefully you can get it done ToddLast edited by TStein; 07-19-2016 at 03:14 PM.
Tommy Stein
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