Results 1 to 9 of 9
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08-25-2016, 10:06 AM #1
- Join Date
- Mar 2015
- Location
- Los Angeles
- Posts
- 34
farm with few deposits
Has good deposits, daily balances, and ending balance! Wants someone to pay off his second position with a balance of 47k and to net around 50k.
July he had 10 deposits but the months before he had like 3 or 4. Most second position lenders with nice rates want at least 10 deposits....
Any ideas ppl?
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08-25-2016, 10:20 AM #2
What are his monthly deposits and how much does he have open on the first position? Thanks, in advance.
Last edited by John_FMS; 08-25-2016 at 10:32 AM.
John Yanity
352 Sonwil Drive | Buffalo, NY 14225
Direct Funder
Mobile (716) 710.1289
Fax (888) 848.0109
Email (john@fundingmerchantsource.com)
http://fundingmerchantsource.com/
A+ Rated with the BBB:
http://www.bbb.org/losangelessilicon...each-ca-268003
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08-25-2016, 10:22 AM #3
- Join Date
- Dec 2013
- Posts
- 4,713
Elana, did you try Cresthill ?
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
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08-25-2016, 12:24 PM #4
- Join Date
- Mar 2016
- Posts
- 335
Instead of prolonging the bleeding with another MCA, try looking into other sources of capital. Who are the deposits from? If he is billing a credit worthy customer, we can fund his receivables.
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08-25-2016, 02:02 PM #5
- Join Date
- Jun 2016
- Posts
- 416
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08-26-2016, 06:04 PM #6
WBL can structure 2nd-position deals with multiple-year terms.
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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08-29-2016, 04:59 PM #7
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
I agree with TedFundy and would call him if I were you.
Bob Shaw
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09-24-2016, 02:27 PM #8
- Join Date
- May 2016
- Posts
- 41
If the farm real estate has collateral value this can be done fairly quickly. Please contact me. George Bloom Consulting 772-285-6711.
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09-24-2016, 11:50 PM #9
- Join Date
- Aug 2015
- Posts
- 30
farm with few deposits
If you deal with farmers on the regular shoot me a PM. We have some unique solutions for them and being in the Midwest tend to like those files a lot and know how to work with their sporadic revenue. Not a quick turn around (2-3 week UW) but good long term solution and lots of renewals.
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