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  1. #1

    On-line Retailer

    I have a customer who has a store front on amazon.com site. He doesn't have any inventory, just orders from his wholesaler when customer places order. Works out of his home. Grossing $50-80k monthly, 2-3 deposits. Anyone out there fund stuff like this?

  2. #2
    Member Reputation points: 385 BoostAaron's Avatar
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    We can certainly take a look. I take it he has healthy bank statements? TIB?

    We have funded dropshippers before.

    PM me or call my cell if you'd like to discuss.
    Aaron McCarthy | Senior Account Executive
    352 Sonwil Drive | Buffalo, NY 14215
    Direct Funder up to $150k
    A,B,C&D Paper

    Direct (516) 209.2159
    Mobile (716) 348.1660
    Fax (888) 848.0109
    www.fundingmerchantsource.com

    A+ Rated with the BBB: http://www.bbb.org/losangelessilicon...each-ca-268003

  3. #3
    Veteran Reputation points: 153231 J.Celifarco's Avatar
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    Quote Originally Posted by BoostAaron View Post
    We can certainly take a look. I take it he has healthy bank statements? TIB?

    We have funded dropshippers before.

    PM me or call my cell if you'd like to discuss.
    2-3 deposit per month, drop shipping, from an amazon store is a possibility???
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  4. #4
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    Quote Originally Posted by J.Celifarco View Post
    2-3 deposit per month, drop shipping, from an amazon store is a possibility???
    On the daily funder, ANYTHING is possible

  5. #5
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    lendvo

  6. #6
    Veteran Reputation points: 153231 J.Celifarco's Avatar
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    Quote Originally Posted by NoBigDeal View Post
    On the daily funder, ANYTHING is possible
    still has me shaking my head
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  7. #7
    Member Reputation points: 385 BoostAaron's Avatar
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    Quote Originally Posted by J.Celifarco View Post
    2-3 deposit per month, drop shipping, from an amazon store is a possibility???
    A 5 or 10k offer is a distinct possibility with decent statements and TIB. Our UW department is pretty adventurous.

    I'll note he never mentioned what the client merchant was expecting.

    We won't get close to 75%, or even 50% or 25% probably. But we might generate an offer, and that surely counts for something.
    Aaron McCarthy | Senior Account Executive
    352 Sonwil Drive | Buffalo, NY 14215
    Direct Funder up to $150k
    A,B,C&D Paper

    Direct (516) 209.2159
    Mobile (716) 348.1660
    Fax (888) 848.0109
    www.fundingmerchantsource.com

    A+ Rated with the BBB: http://www.bbb.org/losangelessilicon...each-ca-268003

  8. #8
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    Try Cresthill Capital... I can tell you a few hours later my UW will know if its a fund-able deal.
    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

  9. #9
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    Lendvo for sure if he uses paypal.

  10. #10
    Member Reputation points: 385 BoostAaron's Avatar
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    Quote Originally Posted by J.Celifarco View Post
    2-3 deposit per month, drop shipping, from an amazon store is a possibility???
    Seems we're not the only ones... lol
    Aaron McCarthy | Senior Account Executive
    352 Sonwil Drive | Buffalo, NY 14215
    Direct Funder up to $150k
    A,B,C&D Paper

    Direct (516) 209.2159
    Mobile (716) 348.1660
    Fax (888) 848.0109
    www.fundingmerchantsource.com

    A+ Rated with the BBB: http://www.bbb.org/losangelessilicon...each-ca-268003

  11. #11
    Veteran Reputation points: 153231 J.Celifarco's Avatar
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    Quote Originally Posted by BoostAaron View Post
    Seems we're not the only ones... lol
    hey all power to you. Not my place to underwrite deals for you if you like it go for it. I was just surprised to see people jumping at a deal like this
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  12. #12
    Member Reputation points: 385 BoostAaron's Avatar
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    Quote Originally Posted by J.Celifarco View Post
    hey all power to you. Not my place to underwrite deals for you if you like it go for it. I was just surprised to see people jumping at a deal like this
    D paper's still paper...

    No one should ever promise anything, but in a situation like this there's always at least a few brave, adventurous souls willing to take a peek down the rabbit hole...
    Aaron McCarthy | Senior Account Executive
    352 Sonwil Drive | Buffalo, NY 14215
    Direct Funder up to $150k
    A,B,C&D Paper

    Direct (516) 209.2159
    Mobile (716) 348.1660
    Fax (888) 848.0109
    www.fundingmerchantsource.com

    A+ Rated with the BBB: http://www.bbb.org/losangelessilicon...each-ca-268003

  13. #13
    Veteran Reputation points: 153231 J.Celifarco's Avatar
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    Quote Originally Posted by BoostAaron View Post
    D paper's still paper...

    No one should ever promise anything, but in a situation like this there's always at least a few brave, adventurous souls willing to take a peek down the rabbit hole...
    100% agree every company looks at things differently one companies garbage is another companies gold
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  14. #14
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    Quote Originally Posted by JarrodW@ACC View Post
    I have a customer who has a store front on amazon.com site. He doesn't have any inventory, just orders from his wholesaler when customer places order. Works out of his home. Grossing $50-80k monthly, 2-3 deposits. Anyone out there fund stuff like this?
    Quickbridge

  15. #15
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    We do fund online retailers, but only if they had a business bank account and at least 6 deposits a month.

  16. #16
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    JarrodW@ACC,

    (2) questions, What is the business type (DBA, LLC, Corp) and does this borrower have Real Estate? With an equity pledge we will lend up to 3X deposits, and fund in 7-10 business days!

    Please advise.

    Sean Najieb
    Analyst | Senior Financial Specialist

    101 Hudson Street, 33rd Floor
    Jersey City, NJ 07302

    Direct: 212.293.8232
    Mobile: 347.495.8088
    Fax: 646.417.7031
    E-Mail: snajieb@wbl.com
    Web: www.wbl.com
    http://www.worldbusinesslenders.com/

  17. #17
    Member Reputation points: 10 premierecapitalfunding's Avatar
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    If the merchant has a business bank account we can have a look for sure. Our underwriter said that we might be able to offer a deal. We will need app and 3 last bank statements.
    If you send us the docs today the funding will be done as early as on Monday.
    Send me your contacts or email me kseniap@premierecapitalfunding.com
    Premier Capital Funding
    Office Line: 1-877-563-4226
    Fax line: 1-877-340-9184
    E-mail: iso@premierecapitalfunding.com
    Web: http://premierecapitalfunding.com
    2715 Coney Island Ave, 3rd Fl, Brooklyn, NY 11235

    DIRECT FUNDER * 2nd and 3rd positions * HIGH COMMISSIONS

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