Under 5k advances
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  1. #1

    Under 5k advances

    Any direct funders out there doing <5k deals? PM me if so.

  2. #2
    Senior Member Reputation points: 54977
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    Cresthill Capital is the LARGEST MCA group for files between 2-10K (We also fund dozen+ a day over 25K),

    Micro Funding Program Advantages:

    Fastest Offers !!!!
    Fewest Stips !!!
    NO COJ's on small deals ever! (majority of our deals in general DO NOT NEED COJ's).
    DOUBLE DIGIT COMMISSIONS!

    Funds HOURS after contracts are BACK-IN!!!
    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

  3. #3
    Senior Member Reputation points: 64
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    Under 5k advances

    I do these. Even statements with under 5k monthly if balances are strong. These we structure short term to test out with quick renewals if the merchant is a good payer.

    Mike@samsonfunding.com
    347-492-1801

  4. #4
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    I do these all in house. Even if they deposit less then 5k. I'll fund as low as 1k. Call me to discuss more 347-492-1801. I'll be in tomm morning. Quick renewals too because they are shorter.

  5. #5
    Senior Member Reputation points: 290 1StopFunding's Avatar
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    Under 5k advances

    Good to know that Mike
    Cheryl Tibbs- General Manager
    Equipment LeaseCo Inc
    www.equipmentleaseco.com

  6. #6

    Under 5k advances

    I can't figure out why anyone would waste their time funding such small deals. If you do the math there is no way you are profitable all around on them unless possibly you are an independent broker doing this from home and your still wasting your time. Find better merchants! You aren't adding up all the costs to get these funded because if you were you would stop funding them immediately

  7. #7
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    Under 5k advances

    Your welcome ! =). I know a lot of funders won't do these and a lot are just thrown out but if they are clean enough we will do a start up. Any one needing help email or call me.

    347-492-1801
    Mike@samsonfunding.com

  8. #8
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    Quote Originally Posted by funda21 View Post
    I can't figure out why anyone would waste their time funding such small deals. If you do the math there is no way you are profitable all around on them unless possibly you are an independent broker doing this from home and your still wasting your time. Find better merchants! You aren't adding up all the costs to get these funded because if you were you would stop funding them immediately
    Perfectly said.

  9. #9
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    My minimum is 2k, but the deal has to be a first position starter. I can fund these directly.
    Ari Raskin
    Phone: 615-693-8364
    Email:ari@niagarafundinggroup.com

  10. #10
    Senior Member Reputation points: 54977
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    Quote Originally Posted by funda21 View Post
    I can't figure out why anyone would waste their time funding such small deals. If you do the math there is no way you are profitable all around on them unless possibly you are an independent broker doing this from home and your still wasting your time. Find better merchants! You aren't adding up all the costs to get these funded because if you were you would stop funding them immediately
    Why do you say its impossible??!!, not sure what you mean out of the house. I have around half dozen salaried employees just working on the Micro-File-Program.
    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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