Results 1 to 6 of 6
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08-09-2016, 10:07 AM #1
- Join Date
- Apr 2015
- Location
- Florida, First MCA sold in 85/ WS in 76. CFP/RIA, series 3,6,7,8,10,63,Ins218,220.
- Posts
- 554
Monthly payments
Who is doing monthly payments? Gas station 185K started, now 105K with a daily of $1240. All Current. Good Fico. Wants to pay off and find a monthly. Have weekly with substantially lower daily of $700 ($3500) and cash, but not monthly.
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08-09-2016, 10:26 AM #2
- Join Date
- Mar 2015
- Posts
- 42
get his financials and ask if he has any collateral pref real estate with equity and try wbl, you can also try funding circle , loan me , Foundation , qualify him @
Kabbage for a revolving 12 month line of credit monthly deal, he may want to consider paying the purchase and sale agreement he has now for 185k , not good idea
to put interest on top of interest. Good luck,
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08-09-2016, 11:09 AM #3
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
Good morning,
I do monthly payments. This would be a small deal for us but the client is currently paying $26k monthly ($1,240 X 21 days) and if he qualified, his monthly payment would be about $8k.
If it does not work for us, I believe that Breakout can do monthly payments with some clients.
Feel free to reach out and discuss.
Best,
Dan Page
dan@fundingstrategypartners.com
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08-09-2016, 11:21 AM #4
- Join Date
- Apr 2015
- Location
- Florida, First MCA sold in 85/ WS in 76. CFP/RIA, series 3,6,7,8,10,63,Ins218,220.
- Posts
- 554
Thanks Dan...financials unfinshed. Looking for the easy way out. MCA type product with minimal paperwork. Otherwise looking at ODK 24 mo program to bring daily under $500. Never used breakout but will check. Getting full financials but not overnight which is why I'm taking the MCA route.
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08-09-2016, 11:59 AM #5
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
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08-11-2016, 01:38 PM #6
- Join Date
- Jul 2016
- Posts
- 8
We can do what you're looking for assuming the numbers check out. Call me as soon as you can 973-944-0646
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