#3rd Position- Aggressive Short Term Offer
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  1. #1

    #3rd Position- Aggressive Short Term Offer

    Hi,

    Im looking for a 3rd Position short term advance. Business is coming into it's peak season for sales Sept-March. I looking for 300K as the owner will be taking the business Direct to the Retail Market. I will provide more details, please PM me only if you have the ability to lend over 200K and in a 3rd position.

    7.5-8 Mil Yearly Revenues
    CA Deal
    2 Current Balances (Daily and Weekly Payment)
    10YIB
    Last edited by FunderGal; 08-31-2016 at 03:03 PM. Reason: Revenues

  2. #2
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    Total Payments per Month (both positions combined) ๗ Average Monthly Revenue (after backing out non-revenue deposits) = ?

  3. #3
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    Quote Originally Posted by FunderGal View Post
    Hi,

    Im looking for a 3rd Position short term advance. Business is coming into it's peak season for sales Sept-March. I looking for 300K as the owner will be taking the business Direct to the Retail Market. I will provide more details, please PM me only if you have the ability to lend over 200K and in a 3rd position.

    7.5-8 Mil Yearly Revenues
    CA Deal
    2 Current Balances (Daily and Weekly Payment)
    10YIB
    I know you only want a direct funder who can do the full amount but I can come in at any point and offer 50-60k on top of whatever you get.

  4. #4
    Ok, thanks. I'll keep that in mind.

  5. #5
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    What is the business? We are in California.

  6. #6
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    Quote Originally Posted by FunderGal View Post
    Hi,

    Im looking for a 3rd Position short term advance. Business is coming into it's peak season for sales Sept-March. I looking for 300K as the owner will be taking the business Direct to the Retail Market. I will provide more details, please PM me only if you have the ability to lend over 200K and in a 3rd position.

    7.5-8 Mil Yearly Revenues
    CA Deal
    2 Current Balances (Daily and Weekly Payment)
    10YIB
    are you signed with Cresthill? will get you fast offer double digit commissions and will give you so few stips you will love working with us!
    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

  7. #7
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    How can you ask for a dollar amt..when banks..credit..history cone into play.

  8. #8
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    Marcus clapman...you would be the last option I would ever use. I've emailed you numerous times...you don't pickup phone..your underwriting team couldn't find the file then they did...quick stips??? You wasted my time for a week...it was like dealing with Benny hill show. No don't look into it to tell me why they aren't getting funded...also no excuses for a week of can't find file...underwriting busy. I'd of been better off funding it myself.

  9. #9
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    I just PM'd you my cell phone # did you call my Direct Line 917 521 6528?... I am not sure who you are personally off your ScreanName but if you private message me I will also sign you an Account Executive that will be like your employee on my payroll. I believe everything your saying and need to get to the bottom of why this happened. 1 complaint is to many its a wake up call to me and will we get to the bottom and will make sure we can correct this for you Of course if you choose continue working with us, An ISO/Agents needs to feel they can rely on Funding House and it seems we clearly let you down.
    Last edited by mcaguru; 09-01-2016 at 10:07 AM.
    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

  10. #10
    I PM'd You, I can do it

  11. #11
    Everyone says they can do it. Are any of you underwriters? Or do you have the money?

    Mam, what you are looking forward is very difficult. Contact me.

    I won't waste your time.

    Eli
    718.926.5331

  12. #12
    Very difficult file. Contact me.

    Eli
    718.926.5331

  13. #13
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    Quote Originally Posted by elijah.g View Post
    Everyone says they can do it. Are any of you underwriters? Or do you have the money?

    Mam, what you are looking forward is very difficult. Contact me.

    I won't waste your time.

    Eli
    718.926.5331
    Are you an UW? Do you have the money? What's the name of your company?

  14. #14
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    Quote Originally Posted by elijah.g View Post
    Very difficult file. Contact me.

    Eli
    718.926.5331
    who are you???
    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

  15. #15
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    Steven Jones
    davininc@outlook.com
    davininc.com
    2102904102

    call me

  16. #16
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    Based on 600k to 700k per month- with an average Gross Profit margin, the client would be eligible for a consolidation of approximately $1M over 18 MONTHLY payments..

    Touch base if this is something the client would be interested in..

    Richard 516 510 3855

    Business Capital Consultants
    775 Park Avenue Suite 255
    Huntington, NY 11743

  17. #17
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    Quote Originally Posted by RichardGerard View Post
    Based on 600k to 700k per month- with an average Gross Profit margin, the client would be eligible for a consolidation of approximately $1M over 18 MONTHLY payments..

    Touch base if this is something the client would be interested in..

    Richard 516 510 3855

    Business Capital Consultants
    775 Park Avenue Suite 255
    Huntington, NY 11743
    Best option by far ^^^^^^

    Now, for an aggressive short term (3-4 Months?) to be $300k - that really all depends on how leveraged they are now with the first two positions- which I am sure are high.

    Question- Did the Owner specifically ask for another cash advance?
    Do they understand that they are NOT going to get anything less than a 1.40? Add some commission toppings on that and your looking at an easy 1.50 over 3-4 months. Appx $5,000+ daily payment...
    Do the other advance contracts have no stack clauses?
    Are the people raising their hands to work on your file licensed in CA?
    Amanda Kingsley
    DailyFunder: WhoisKingsley
    This is me. https://www.facebook.com/whoiskingsley
    I am Here too. https://www.facebook.com/groups/TheClosersGroup

    Always Live and Lead with Integrity.

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